Last quarter/full year financial results

Last quarter/full year financial results

Results season continues - fourth quarter, full year, third fiscal, first fiscal - we're still compiling them here - along with our own analysts' comments - as the data rolls in.

GERMANY: BMW claims 2012 sales and profit records

14 March 2013

BMW management board chairman Norbert Reithofer on Thursday (14 March) said 2012 was the group's best year yet as it announced record sales and profits and healthy margins.

GERMANY: VW does well in 2012, sees 2013 headwinds

14 March 2013

Volkswagen Group on Thursday (14 March) said it had "successfully mastered the challenges posed by a difficult market environment in 2012" after announcing record vehicle sales, revenue and profits.

GERMANY: Audi posts solid results, but warns on economic environment

12 March 2013

Volkswagen's Audi Group has posted financial results for calendar 2012 that, while including significant sales gains in the expected markets, reflect what was described at the presentation here in Ingolstadt as an "increasingly difficult economic environment".

GOLDING’S TAKE: Volume or profit? Can Vauxhall and Opel magic up both?

6 March 2013

General Motors Europe has changed leadership and the leadership has changed strategy.

US: Federal-Mogul posts Q4 $80m net loss, full-year $117m net loss

5 March 2013

Federal-Mogul Corporation has unveiled a fourth quarter net loss of US$80m, as well as a full-year net loss of US$117m.

SLOVAKIA: Kia plant doubles net profit

4 March 2013

Kia Motors' Slovak plant last year hiked net profit to EUR155.46m from EUR68.63m as sales increased 17.7% to EUR3.92bn.

CANADA: Magna ups 2012 sales 7% to $31bn

4 March 2013

Magna has posted 2012 full-year sales of US$30.84bn, an increase of 7%, reflecting increases in North American, European, and rest of world production sales as well as higher tooling and engineering sales, partially offset by lower complete vehicle assembly sales.

US: Visteon net profit up 25% in 2012

28 February 2013

Visteon has announced that it earned US$100m in 2012, up from USD80m the pevious year, as it benefited from higher volumes in North America and Asia.

UK: GKN 2012 pretax profit up 19%

26 February 2013

GKN has reported 2012 sales up 13% and pretax profit up 19%.

GERMANY: VW group boosts sales and profit in 2012

25 February 2013

Volkswagen group said 2012 sales revenue of EUR 192.7bn was up on 2011's EUR159.3bn while operating profit rose to EUR 11.5bn from EUR 11.3bn.

US: Dana Holding boosts 2012 margins

22 February 2013

Dana Holding sales for full year 2012 reached $7.2bn compared with $7.5bn for 2011. The impact of currency lowered sales by $322m compared with last year. Growth in most segments was offset by a decline in commercial vehicle sales of $169m.

US: TRW posts better than expected Q4 profit

15 February 2013

TRW has posted better than expected quarterly results. Net income in the fourth quarter was $419m compared with $425m in the same quarter last year.

US: BorgWarner posts slight Q4 net earnings fall to $121m

14 February 2013

BorgWarner has unveiled net sales of US$1.72bn for the fourth quarter, 2012, down 3% from US$1.77bn in same period, 2011, while net earnings in the quarter were US$121m, down from US$122m.

UK: JLR pre-tax profits up 20%

14 February 2013

Jaguar Land Rover Automotive plc (JLR) has posted a pre-tax profit of GBP404m (US$627m) for the third quarter taking profit for the nine months to the end of December to GBP1.2bn, an increase of 20% over the same period a year earlier.

US: GM reports 2012 net income of $4.9bn, down 36%

14 February 2013

General Motors has reported 2012 net income of $4.9bn, down 36% on the previous year. However, revenues were up and profitability remained strong in North America. The weakening was accounted for by several unfavourable items as well as a bigger loss on its European operations.

ANALYSIS: Credit Suisse analyst urges caution on Renault results

14 February 2013

A leading analyst says Renault is "betting the house" on recovery this year despite conceding the automaker has posted better than expected cash generation.

FRANCE: Renault posts profit down 15% for 2012

14 February 2013

Renault has posted net income for 2012 down 15% on the previous year, but the results were better than many had expected.

ANALYSIS: PSA loss "not as catastrophic" as feared: Metzler Bank analyst

13 February 2013

PSA Peugeot Citroen may be on the verge of turning the financial corner says one leading analyst despite the automaker posting huge losses today (13 February) of EUR5bn (US$6.7bn).

FRANCE: PSA reports €5bn loss for 2012 on write-downs and Europe woes

13 February 2013

PSA Peugeot Citroen has reported a whopping EUR5bn net loss for 2012 after it chose to write-down EUR4.7bn in asset valuations as it continued to feel the effects of lower sales in Europe.

FRANCE: Michelin posts 2012 net income up to €1.57bn

12 February 2013

Michelin has posted year-end net income up from EUR1.462bn to EUR1.571bn, despite sharp market contraction.

FRANCE: Faurecia cancels dividend as Europe struggles

12 February 2013

Component manufacturer, Faurecia, will cancel its dividend for 2012 as the company looks to increase cash generation to drive its performance this year.

JAPAN: Nissan reports quarterly profit down 35%

11 February 2013

Nissan has reported a fall of 34.6% in consolidated net income for the quarter ended December 31, blaming difficult operating conditions in Europe, China and the US.

US: American Axle & Manufacturing posts full-year net income of $368m

11 February 2013

American Axle & Manufacturing has reported full-year net income of US$367.7m, compared to the previous year of US$142.8m, while fourth quarter figures were US$319.9m.

SWEDEN: Volvo’s Q4 operating income plunges 83.9%

7 February 2013

In the fourth quarter of 2012, Volvo Group's net sales declined to SEK71.8bn (US$11.32bn) from SEK86.5m in the corresponding period of the previous year, as a result of lower economic activity in many of its markets and a continued uncertainty about the future direction that made its customers more cautious.

GERMANY: Daimler profit comes under pressure, despite record sales

7 February 2013

Despite record automotive sales in 2012, Daimler net profit growth was secured mainly due to the sale of a stake in the EADS aerospace business. The company also fell short of its own targets for earnings and profitability.

JAPAN: Mitsubishi Motors’ nine-month net income up 27%

6 February 2013

Mitsubishi Motors Corporation (MMC) has posted net profit up 27% for the nine months to December, helped by higher sales in Asia and the effects of cost cutting.

US: Delphi posts $1.1bn profit for 2012

6 February 2013

Delphi has posted a US$1.1bn profit for 2012 despite a slump in the fourth quarter caused by restructuring costs. The company has also forecast an increase in 2013 results.

JAPAN: Toyota's April-Dec net income up 300%

5 February 2013

Toyota has announced financial results for the nine-month period ended December 31 that show a big boost from higher volumes in North America and Japan, as well as the benefits from a softer currency.

US: Hankook Tyre’s 2012 operating profit increases 57.9%

5 February 2013

Hankook Tyre has announced a 57.9% increase to its operating profit in fiscal 2012 on sales up 8.3% to KRW7.029tn (US$6.31bn).

SWEDEN: Scania’s net income down 30% in 2012

5 February 2013

Tough trading conditions in the heavy duty truck sector hit Scania's financial performance in 2012 with net income down 30%. However, the company reported an upturn to orders in the fourth quarter.

US: Lear reports strong Q4 results

5 February 2013

Lear has announced strong Q4 earnings that beat expectations, boosted by higher automotive production globally.

ITALY: NAFTA, Latin America and Asia prop up Fiat results

30 January 2013

Fiat Group has reported revenue of EUR84bn, up 12% year on year, and net profit of EUR1.4bn for 2012 as vehicle shipments rose 6% year on year. There was growth in all regions except Europe. Luxury and performance brands posted 7% revenue growth.

US: Chrysler 2012 net income US$1.7bn

30 January 2013

Chrysler has booked fully year operating profit for 2012 up 47% to US$2.9bn. Net income was up over eight times to $1.7bn on revenue up 20% to $65.8bn.

INDIA: Maruti Suzuki’s nine-month net profit rises 15.8%

30 January 2013

Maruti Suzuki India sales rose 45.6% year on year to INR109.57bn (US$2.03bn) for the fiscal third quarter to 31 December 2012 due to higher volumes, favourable model mix and more exports. Net profit rose almost 144% to INR5.01bn.

GOLDING’S TAKE: Ford reports are first; they might also be best…

29 January 2013

Overcrowded the global car market may be, but the number of car makers determined to snatch a greater share continues to grow.

US: Ford nets $5.7bn in 2012

29 January 2013

Ford on Tuesday announced it had booked its highest fourth quarter pre-tax profit in over a decade. Full year pre-tax profit was US$8bn and net income $5.7 bn.

SOUTH KOREA: Hyundai Motor unfazed by weakening yen

24 January 2013

Hyundai Motor sees no immediate threat from the weakening Japanese yen but promised toughen its readiness against its Japanese and global rivals as they are expected to ramp up their offensive amid an overall slowdown in car sales this year.

US: Johnson Controls net income down in first quarter

21 January 2013

Johnson Controls first quarter fiscal 2013 net income of $354m, or $0.52 a share, was down from $424m, or $0.62 in previous year. Sales were flat at $10.4bn.

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