Ford Exits Heavy Truck Business in South America; Key Milestone in Global Redesign of Company

Confirms exit from heavy commercial truck business as a key step toward returning its South America operations to sustainable profitability Ford remains committed to South America with a lean and agile business model, strengthened product offerings, and global partnerships Ford expects to record pre-tax special item charges of about $460 million as a result of… Continue reading Ford Exits Heavy Truck Business in South America; Key Milestone in Global Redesign of Company

Bill Gates calls Tesla “an amazing product,” doesn’t see electric trucks working quite yet

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Bill Gates
Electric cars may be seen by some as part of a seemingly unstoppable, powerful technological wave that will disrupt not just the auto industry but most other forms of transportation.

Don’t count on Bill Gates as one of those bright-eyed EV cheerleaders; on the other hand, don’t dismiss him as someone who doesn’t want to see transportation remade in a dramatically carbon-reduced form.

DON’T MISS: Iron Man 2 reunion: Musk friend Larry Ellison named to Tesla board

Gates, who was recently interviewed by tech reviewer Marques Brownlee, takes (as on many things) a pragmatic view with respect to how battery-electric tech will transform transportation. The Microsoft co-founder, turned humanitarian and philanthropist, called Tesla “an amazing product,” and noted that while it’s catching on it’s still a very small percentage of the market—and the loss of the $7,500 federal tax credit is making it tougher.

He sees other automakers getting more involved because of the California regulations that cover a significant portion of the U.S., and says that “there’ll be a lot of really great electric cars to choose from.”

The video didn’t feature Gates’ answer to Brownlee’s question about whether he had gone electric or not.

Freightliner eCascadia electric semi-truck

While electric power may soon catch on for cars, Gates prognosticates that trucks may be more of a reach: “Eventually batteries might work for a truck, but it’s a far more difficult problem because the weight is a lot higher there.”

CHECK OUT: Bill Gates Backs EcoMotors’ New OPOC Engine With $23.5 Million Investment

For the transportation sector as a whole, he pointed to the wide range of innovations we’re going to need. And he refers to an essential relationship that we often note here at Green Car Reports—that electric vehicles are only as clean as the energy source used to generate the electricity used to charge them.

The electricity grid remains dramatically different regionally in the U.S., but on a national basis, according to data updated by the Union of Concerned Scientists last year, the average electric car now produces the equivalent greenhouse-gas emissions to a gasoline vehicle that achieves 80 mpg. Further, 75 percent of Americans now live in areas where the average EV has lower carbon dioxide emissions than a gas car that gets 50 mpg—although in some regions the other “criteria emissions,” from coal plants in particular, continue to be an issue.

READ MORE: From Apple To Tesla: Woz Follows The Trend, Buys Model S

A report last year from Bloomberg New Energy Finance projected that 50 percent of new cars, worldwide, would be electric, and that renewable solar and wind will generate half of the world’s electricity by 2050—enabled by more affordable batteries and energy storage. BNEF anticipated that the share of renewable sources will be higher in China and India than in the U.S.

That won’t be enough to meet global climate targets. But with some help from big-picture innovators and problem-solvers like Gates, we might get a lot closer.

3,500 jobs at risk as Honda refuses to deny UK factory closure

Tim Ireland | PA Images | Getty Images
Workers on the Honda CR-V production line at the Honda Plant in Swindon.

Japanese automaker Honda looks set close its Swindon car plant, risking the loss of 3,500 jobs.

In an emailed statement to CNBC on Monday, Honda failed to deny it would close the plant.

“At this point, we are not able to make any comments regarding the speculation. We take our responsibilities to our associates very seriously and will always communicate any significant news with them first,” said a spokesperson from Honda U.K.

The U.K. lawmaker responsible for the area in which the factory is based, Justin Tomlinson, took to Twitter to apparently confirm the closure.

The North Swindon Conservative MP added that a task force would be set up to support employees, before adding that no job losses were expected until 2021.

The Swindon factory builds the Honda Civic five-door hatchback and the CR-V crossover for sale in Europe and the U.S.

The announcement, first reported by Sky News, suggested Honda would confirm the closure on Tuesday.

FAURECIA : ALL FINANCIAL TARGETS ACHIEVED DESPITE HEADWINDS IN H2 ; RECORD SALES, PROFITABILITY AND CASH – STRONG ORDER INTAKE ; PROPOSED DIVIDEND OF 1.25€ PER SHARE

FAURECIA : ALL FINANCIAL TARGETS ACHIEVED DESPITE HEADWINDS IN H2 ; RECORD SALES, PROFITABILITY AND CASH – STRONG ORDER INTAKE ; PROPOSED DIVIDEND OF 1.25€ PER SHARE  Nanterre (France), February 18, 2019 FULL-YEAR 2018 RESULTS ALL FINANCIAL TARGETS ACHIEVED DESPITE HEADWINDS IN H2 RECORD SALES, PROFITABILITY AND CASH – STRONG ORDER INTAKE PROPOSED DIVIDEND OF… Continue reading FAURECIA : ALL FINANCIAL TARGETS ACHIEVED DESPITE HEADWINDS IN H2 ; RECORD SALES, PROFITABILITY AND CASH – STRONG ORDER INTAKE ; PROPOSED DIVIDEND OF 1.25€ PER SHARE

Faurecia wins 700 million in 2018, 17% more, despite the WLTP and the slowdown in China

Posted 2/18/2019 10:37:48 PM NANTERRE (FRANCE), 18 Feb. (EUROPA PRESS) – The manufacturer of components for automobiles Faurecia closed last year with a net profit of 700.8 million euros, a 16.9% increase compared to 599.4 million euros accounted for in 2017, according to data published by the company . The company explained that the good… Continue reading Faurecia wins 700 million in 2018, 17% more, despite the WLTP and the slowdown in China

PSA accelerates in services in China

PSA signs a new operation in China. The French manufacturer announced on Monday to have taken a “significant stake” in FengChe, a specialist in “used vehicle management services in the local market”. The group will remain “minority shareholder”, PSA said the “Echoes” without revealing the amount of investment. of the “Push to Pass” strategic plan,… Continue reading PSA accelerates in services in China

Business and Financial Results for Fiscal 2018

IR Library : Earnings Announcements

2018
2017
2016
2015
2014
2013
2012
2011
2010
2009

Back Number

2018

Full Year

Consolidated Financial Statements for FY 2018 (390KB)
Supplementary Information for FY 2018 (235KB)
Financial Results Review for FY 2018 (619KB)
Audio Streaming of Conference Call
Available from Feb 18th to May 13th, 2019

Third Quarter

Consolidated Financial Statements for 3Q 2018 (159KB)
Supplementary Information for 3Q 2018 (186KB)
Financial Results Review for 3Q 2018 (447KB)
Audio Streaming of Conference Call
Available from Nov 09th, 2018 to Feb 15th, 2019

First Half

Consolidated Financial Statements for 1H 2018 (172KB)
Supplementary Information for 1H 2018 (183KB)
Financial Results Review Meeting for 1H 2018 (404KB)
Audio Streaming of Conference Call
Available from Aug 10th to Nov 8th, 2018

First Quarter

Consolidated Financial Statements for 1Q 2018 (236KB)
Supplementary Information for 1Q 2018 (179KB)
Financial Results Review for 1Q 2018 (464KB)

2017

Full Year

Consolidated Financial Statements for FY 2017 (1.1MB)
Supplementary Information for FY 2017 (238KB)
Financial Results Review Meeting for FY 2017 (703KB)

Third Quarter

Consolidated Financial Statements for 3Q 2017 (419KB)
Supplementary Information for 3Q 2017 (240KB)
Financial Results Review for 3Q 2017 (596KB)

First Half

Consolidated Financial Statements for 1H 2017 (193KB)
Supplementary Information for 1H 2017 (193KB)
Financial Results Review Meeting for 1H 2017 (555KB)

First Quarter

Consolidated Financial Statements for 1Q 2017 (472KB)
Supplementary Information for 1Q 2017 (185KB)
Financial Results Review for 1Q 2017 (356KB)

2016

Full Year

Consolidated Financial Statements for FY 2016 (599KB)
Supplementary Information for FY 2016 (203KB)
Financial Results Review Meeting for FY 2016 (791KB)

Third Quarter

Consolidated Financial Statements for 3Q 2016 (266KB)
Supplementary Information for 3Q 2016 (196KB)
Financial Results Review for 3Q 2016 (481KB)

First Half

Bridgestone Corporation Announces Revised Financial Projections for Fiscal 2016 (195KB)
Consolidated Financial Statements for 1H 2016 (270KB)
Supplementary Information for 1H 2016 (198KB)
Financial Results Review Meeting for 1H 2016 (446KB)

First Quarter

Consolidated Financial Statements for 1Q 2016 (259KB)
Supplementary Information for 1Q 2016 (182KB)
Financial Results Review for 1Q 2016 (404KB)

2015

Full Year

[Revised]Consolidated Financial Statements for FY 2015 (859KB)
Supplementary Information for FY 2015 (194KB)
[Revised]Financial Results Review Meeting for FY 2015 (1MB)
* Corrections (February 17, 2016 23:50 Tokyo time)

Third Quarter

Consolidated Financial Statements for 3Q 2015 (351KB)
Supplementary Information for 3Q 2015 (78KB)
Financial Results Review for 3Q 2015 (501KB)

First Half

Consolidated Financial Statements for 1H 2015 (242KB)
Supplementary Information for 1H 2015 (78KB)
Financial Results Review Meeting for 1H 2015 (581KB)

First Quarter

Consolidated Financial Statements for 1Q 2015 (231KB)
Supplementary Information for 1Q 2015 (184KB)
Financial Results Review for 1Q 2015 (497KB)

2014

Full Year

Consolidated Financial Statements for FY 2014 (629KB)
Supplementary Information for FY 2014 (79KB)
Financial Results Review Meeting for FY 2014 (704KB)

Third Quarter

Consolidated Financial Statements for 3Q 2014 (234KB)
Supplementary Information for 3Q 2014 (77KB)

First Half

Consolidated Financial Statements for 1H 2014 (239KB)
Supplementary Information for 1H 2014 (78KB)
2014 1H Financial Results Review Meeting (451KB)

First Quarter

Consolidated Financial Statements for 1Q 2014 (207KB)
Supplementary Information for 1Q 2014 (75KB)

2013

Full Year

Consolidated Financial Statements for FY 2013 (353KB)
Supplementary Information for FY 2013 (78KB)
Financial Results Review Meeting for FY 2013 (790KB)

Third Quarter

Consolidated Financial Statements for 3Q 2013 (229KB)
Supplementary Information for 3Q 2013 (57KB)

First Half

Consolidated Financial Statements for 1H 2013 (233KB)
Supplementary Information for 1H 2013 (76KB)
2013 1H Financial Results Review Meeting (522KB)

First Quarter

Consolidated Financial Statements for 1Q 2013 (246KB)
Supplementary Information for 1Q 2013 (75KB)

2012

Full Year

Consolidated Financial Statements for FY 2012 (617KB)
Supplementary Information for FY 2012 (76KB)
Financial Results Review Meeting for FY 2012 (316KB)

Third Quarter

Consolidated Financial Statements for 3Q 2012 (506KB)
Supplementary Information for 3Q 2012 (56KB)

First Half

Consolidated Financial Statements for 1H 2012 (225KB)
Supplementary Information for 1H 2012 (182KB)
2012 1H Financial Results Review Meeting (379KB)

First Quarter

Consolidated Financial Statements for 1Q 2012 (284KB)
Supplementary Information for 1Q 2012 (54KB)

2011

Full Year

Consolidated Financial Statements for FY 2011 (988KB)
Supplementary Information for FY 2011 (61KB)
Financial Results Review Meeting for FY 2011 (291KB)

Third Quarter

Consolidated Financial Statements for 3Q 2011 (211KB)
Supplementary Information for 3Q 2011 (166KB)

First Half

Bridgestone Corporation Announces the Difference between Financial Projections and Actual Results for the First Half of Fiscal 2011, and Revised Financial Projections for Fiscal 2011 (81KB)
Consolidated Financial Statements for 1H 2011 (668KB)
Supplementary Information for 1H 2011 (242KB)
2011 1H Financial Results Review Meeting (290KB)

First Quarter

Bridgestone Corporation Announces Revised Financial Projections for Fiscal 2011 (130KB)
Consolidated Financial Statements for 1Q 2011 (129KB)
Supplementary Information for 1Q 2011 (153KB)

2010

Full Year

Consolidated Financial Statements for FY 2010 (1.0MB)
Supplementary Information for FY 2010 (62KB)
Financial Results Review Meeting for FY 2010 (300KB)

Third Quarter

Consolidated Financial Statements for 3Q 2010 (136KB)
Supplementary Information for 3Q 2010 (56KB)
Consolidated Statements of Cash Flows for 3Q 2010 (52KB)

First Half

Consolidated Financial Statements for 1H 2010 (266KB)
Supplementary Information for 1H 2010 (63KB)
Financial Results Review Meeting for 1H 2010 (234KB)
Consolidated Statements of Cash Flows for 1H 2010 (41KB)

June 24, 2010 Release

Bridgestone Corporation Announces Financial Projections for Fiscal 2010 (64KB)
Bridgestone Corporation Announces Revised Financial Projections for the first half of Fiscal 2010 (60KB)
Supplementary Information for FY 2010 Forecast (36KB)

First Quarter

Bridgestone Corporation Announces Revised Financial Projections for Fiscal 2010 (68KB)
Consolidated Financial Statements for 1Q 2010 (80KB)
Supplementary Information for 1Q 2010 (84KB)
Consolidated Statements of Cash Flows for 1Q 2010 (52KB)

2009

Full Year

Consolidated Financial Statements for FY 2009 (624KB)
Supplementary Information for FY 2009 (44KB)
Financial Results Review Meeting for FY 2009 (300KB)

February 12, 2010 Release

Bridgestone Corporation Announces Financial Projections for Fiscal 2009 (92KB)

Third Quarter

Bridgestone Corporation Announces Revised Financial Projections for Fiscal 2009 (92KB)
Consolidated Financial Statements for 3Q 2009 (236KB)
Supplementary Information for 3Q 2009 (56KB)
Consolidated Statements of Cash Flows for 3Q 2009 (48KB)

First Half

Bridgestone Corporation Announces Revised Financial Projections for Fiscal 2009 (92KB)
Consolidated Financial Statements for 1H 2009 (232KB)
Supplementary Information for 1H 2009 (44KB)
Financial Results Review Meeting for 1H 2009 (428KB)
Consolidated Statements of Cash Flows for 1H 2009 (48KB)

June 25, 2009 Release

Bridgestone Corporation Announces Financial Projections for Fiscal 2009 (92KB)
Bridgestone Corporation Announces Revised Financial Projections for the First Half of Fiscal 2009 (92KB)
Supplementary Information for FY 2009 Forecast (16KB)

First Quarter

Bridgestone Corporation Announces Revised Financial Projections for Fiscal 2009 (60KB)
Consolidated Financial Statements for 1Q 2009 (232KB)
Supplementary Information for 1Q 2009 (60KB)
Consolidated Statements of Cash Flows for 1Q 2009 (48KB)

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Dana Incorporated Achieves Record Annual Sales, Profit, and Margin

“ MAUMEE, Ohio, Feb. 15, 2019 /PRNewswire/ — Full-Year Highlights Record sales of $8.143 billion, an increase of $934 million or growth of 13 percent, compared with 2017 Net income attributable to Dana of $427 million; diluted EPS of $2.91 Record adjusted EBITDA of $957 million, an increase of $122 million, or growth of 15… Continue reading Dana Incorporated Achieves Record Annual Sales, Profit, and Margin

Uber reports $3B in Q4 revenue, rising operating losses

Ahead of its anticipated initial public offering this year, Uber reported a net loss of $865 million in the fourth quarter. That figure, however, was aided by a tax benefit that saved the company from reporting a $1.2 billion net loss in the period. On an adjusted, pro-forma basis, Uber’s net loss in the final… Continue reading Uber reports $3B in Q4 revenue, rising operating losses