Tag: Financial Results

AAM Reports Second Quarter 2020 Financial Results

DETROIT, July 31, 2020 /PRNewswire/ — American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) today reported its financial results for the second quarter 2020.    Second Quarter 2020 Results Sales of $515.3 million Net loss attributable to AAM of $(213.2) million, or (41.4)% of sales Adjusted EBITDA of $(52.1) million, or (10.1)% of sales Diluted loss… Continue reading AAM Reports Second Quarter 2020 Financial Results

Goodyear Reports Second Quarter, First Half 2020 Results

AKRON, Ohio, July 31, 2020 /PRNewswire/ — The Goodyear Tire & Rubber Company (NASDAQ: GT) today reported results for the second quarter and first half of 2020. “Although our first half results were greatly affected by difficult industry conditions as a result of the ongoing COVID-19 pandemic, the decisive actions we took to safeguard our business… Continue reading Goodyear Reports Second Quarter, First Half 2020 Results

North America helps Fiat Chrysler to limit COVID losses

MILAN/DETROIT (Reuters) – Italian-American automaker Fiat Chrysler Automobiles (FCA) posted a smaller-than-expected operating loss in the second quarter, as a small profit in North America helped to limit the damage wrought by the COVID-19 pandemic. FILE PHOTO: A Fiat Chrysler Automobiles (FCA) sign is seen at the U.S. headquarters in Auburn Hills, Michigan, U.S. May… Continue reading North America helps Fiat Chrysler to limit COVID losses

Skoda sales down 31% in H1 2020 but still records 228m euro operating profit

Like most automakers the world over, Skoda Auto too has been impacted by the coronavirus pandemic. In the first half of 2020, the Skoda Group sold a total of 426,700 cars, down 31% year on year (January-June 2019: 620,900). The Skoda Group sales revenue was 7.55 billion euros (Rs 62,415 crore) in the first six… Continue reading Skoda sales down 31% in H1 2020 but still records 228m euro operating profit

New chairman says Aston Martin transformation ‘on track’ despite losses

Aston Martin Lagonda is on track to transform the firm into “one of the great global luxury car brands” says new chairman Lawrence Stroll, despite it posting a pre-tax loss of 227.4 million pound in the first half of 2020 due to the impact of Covid-19. The British firm sold 1770 cars worldwide between January… Continue reading New chairman says Aston Martin transformation ‘on track’ despite losses

@Tata-JLR: JAGUAR LAND ROVER REPORTS FIRST QUARTER RESULTS FOR FISCAL 2020/21

Jaguar Land Rover is the UK’s largest automotive manufacturer, built around two iconic British car brands. Land Rover is the world’s leading manufacturer of premium all-wheel-drive vehicles. Jaguar is one of the world’s premier luxury marques, as well as being the first ever brand to offer a premium all-electric performance SUV, the Jaguar I-PACE. At… Continue reading @Tata-JLR: JAGUAR LAND ROVER REPORTS FIRST QUARTER RESULTS FOR FISCAL 2020/21

@FCA: FCA N.V. 2020 Second Quarter Results.

Following is a summary of the “FCA N.V. Q2 2020 RESULTS” press release. A PDF of the complete press release is attached to this email. The document is also available in the media section of the FCA corporate website:https://www.fcagroup.com/it-it/pages/home.aspxFCA contains Q2 COVID-19 impact with Net loss from continuing operations and Adjusted net loss both of… Continue reading @FCA: FCA N.V. 2020 Second Quarter Results.

Jaguar Land Rover parent reports June-quarter loss on pandemic hit

FILE PHOTO: A Tata Tigor car is pictured at the assembly line inside the Tata Motors car plant in Sanand, on the outskirts of Ahmedabad, India, August 7, 2018. REUTERS/Amit Dave BENGALURU (Reuters) – India’s Tata Motors Ltd (TAMO.NS) posted a loss for a second straight quarter on Friday, as coronavirus-related lockdowns in several countries… Continue reading Jaguar Land Rover parent reports June-quarter loss on pandemic hit

Fiat Chrysler posts lower-than-expected operating loss in second quarter

FILE PHOTO: A Fiat Chrysler Automobiles (FCA) sign is seen at the U.S. headquarters in Auburn Hills, Michigan, U.S. May 25, 2018. REUTERS/Rebecca Cook MILAN (Reuters) – Italian American automaker Fiat Chrysler (FCHA.MI) posted a smaller-than-expected operating loss in the second quarter, as it managed to contain negative effects of the COVID-19 pandemic. Fiat Chrysler… Continue reading Fiat Chrysler posts lower-than-expected operating loss in second quarter