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.
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.
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.
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".
General Motors Europe has changed leadership and the leadership has changed strategy.
Federal-Mogul Corporation has unveiled a fourth quarter net loss of US$80m, as well as a full-year net loss of US$117m.
Kia Motors' Slovak plant last year hiked net profit to EUR155.46m from EUR68.63m as sales increased 17.7% to EUR3.92bn.
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.
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.
GKN has reported 2012 sales up 13% and pretax profit up 19%.
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.
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.
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.
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.
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.
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.
A leading analyst says Renault is "betting the house" on recovery this year despite conceding the automaker has posted better than expected cash generation.
Renault has posted net income for 2012 down 15% on the previous year, but the results were better than many had expected.
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).
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.
Michelin has posted year-end net income up from EUR1.462bn to EUR1.571bn, despite sharp market contraction.
Component manufacturer, Faurecia, will cancel its dividend for 2012 as the company looks to increase cash generation to drive its performance this year.
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.
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.
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.
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.
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.
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.
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.
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).
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.
Lear has announced strong Q4 earnings that beat expectations, boosted by higher automotive production globally.
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.
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.
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.
Overcrowded the global car market may be, but the number of car makers determined to snatch a greater share continues to grow.
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.
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.
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.
- ANALYSIS: Hyundai axes Veloster, goes after Toyota
- Review of 2014 (1)
- ANALYSIS: Future models for North America - Part 2
- THE WEEK THAT WAS: Bleak Christmas ahead for some
- ANALYSIS: Future models for North America - Part 1
- Ford union to block "even a screwdriver" at Genk
- JLR research removes blind spots
- Genk mayor organises "loudest shift" as Ford exits
- NHTSA lists Ford, Jaguar and Porsche recalls
- Bye, Chrysler, hello FCA US
- Global light diesel vehicles market- forecasts to 2029
- Global light vehicle safety systems market- forecasts to 2029
- Ford Motor Company - Strategy and SWOT Report
- Jaguar Land Rover: Providing remarkable growth throughout the economic downturn
- Global light vehicle engine technologies market- forecasts to 2029