Q3 financials are rolling in...

...so we're accumulating them all here for one-stop easy access.

TURKEY: Property sale boosts Tofas profits

22 February 2012

Tofas, Fiat's Turkish affiliate booked fourth quarter net income up 9.6% to TRY131m (US$74.7m; EUR56.5m), ahead of estimates, after gains from a property sale and taxation.

INDIA: Motherson Sumi net off 72% in Q2

17 November 2011

Motherson Sumi Systems said the fiscal second quarter ended 30 September 2011 was the toughest quarter in recent history.

JAPAN: NGK H1 net income falls

15 November 2011

NGK Spark Plug net sales for the first fiscal half to 30 September decreased 1.3% year on year to JPY139bn (US$1.8bn). Operating income was JPY15.5bn andnet income fell from JPY14.4bn to JPY10.5bn.

UK: Jaguar Land Rover posts 30% rise in revenue to US$4.6bn

14 November 2011

Jaguar Land Rover has posted a 30.3% rise in revenue to GBP2.92bn (US$4.6bn) for the latest quarter, with operating profit of GBP437m, up 17.2%.

JAPAN: Isuzu H1 net income up 15.5%

10 November 2011

Truckmaker Isuzu Motors' first fiscal half net income rose 15.5% year on year to JPY33.73bn (US$434.42m). Operating income declined 6.2% to JPY43.84bn on sales off 9.2% to JPY658.14bn.

GOLDING’S TAKE: GM’s value to the US Treasury is on the slide

10 November 2011

General Motors CEO Dan Akerson was quite straightforward in his assessment of General Motors when he reviewed the third quarter financial results. “They are solid. But we have more work to do to be sustainable,” he said.

US: GM posts Q3 net income down 15% to $1.7bn in "tough" global economy

9 November 2011

General Motors has posted third quarter net income down 15% from US$2bn to $1.7bn, although net revenue increased $2.6bn to $36.7bn compared with the third quarter of 2010.

JAPAN: Toyota profit outlook hit by Thai floods

8 November 2011

As Toyota today announced second quarter net profit down a hefty 18.5% on last year, it also withdrew its guidance for fiscal 2012 due to the impact on operations of the floods in Thailand.

ANALYSIS: BMW benefits from cost reduction and higher sales in China

4 November 2011

BMW's strong third quarter results must have pleased shareholders. The business pages may have constituted rather gloomy reading generally of late, but the good ship BMW appears to plough on regardless.

US: Visteon Q3 results back in the black

4 November 2011

Tier one supplier Visteon was back in the black in the third quarter of 2011, reporting net income of US$41m, or 79 cents a share, on sales of up about 20% to $2.04bn. That contrasted with the net loss of $140m on sales of $1.70bn booked in the third quarter of 2010. Adjusted Q3 EBITDAwas $166m versus $149m in 2010.

GERMANY: BMW books record quarterly results

4 November 2011

BMW group third quarter 2011 revenues rose 3.8% to EUR16,547m. 'Profit before financial result' (EBIT) climbed a healthy 44% to EUR1,716m and pre-tax profit (EBT) was up 21.0% to EUR1,644m. Group net profit rose 23.8% to EUR1,082m. Vehicle sales increased 9.0% to a record 399,218 units.

CANADA: Magna International profits dip on one-offs as sales rise

3 November 2011

Canada-based global supplier Magna International on Thursday said third quarter 2011 operating income was US$164m, net income $102m and earnings per share $0.42, decreases of $164m, $164m and $0.72, respectively, year on year.

JAPAN: Nissan H1 profits dip on flat sales

3 November 2011

Nissan Motor net income after taxes dipped 12% year on year to JPY183.4bn (US$2.3bn, EUR1.61bn) in the first fiscal half year to 30 September, 2011. Revenue was up 1.1% to JPY4.3674 trillion ($54.73bn, EUR38.41bn). Operating profit was down 7.5%, to JPY309.7bn ($3.88bn, EUR2.72bn and operating profit margin was 7.1%.

GERMANY: Audi boosts unit sales 17% in Q3

2 November 2011

Volkswagen Group's Audi brand delivered 320,276 cars in the third quarter of 2011, up 16.7% year on year. Revenue rose to EUR10.9bn from EUR8.4bn and operating profit was a record EUR1.4bn (EUR0.9bn in Q3 2010), an operating return on sales of 13.1% vs 11.1% last year.

US: TRW Automotive Q3 net profit drops 21% to $155m

2 November 2011

TRW Automotive Holdings third quarter 2011 net profit fell 20.6% from US$199m to $158m.

JAPAN: Mazda forecasts full year net loss

2 November 2011

Mazda Motor has revised down its fiscal 2012 full year forecasts, announced on 17 June, and now expects a net loss of JPY19bn (-US$242.8m) compared with the previous forecast of a JPY1bn ($12.8m) net profit. The automaker said it would only break even on an operating basis after earlier predicting a JPY20bn ($255.6m) profit for the 12 months to 31 March, 2012.

JAPAN: Earthquake affects Hino Q2 net profit

1 November 2011

Hino Motors group net profit plunged 89.8% to JPY594m (US$7.8m) in its April to September 2011 fiscal half year due largely to adverse effects of the March earthquake and tsunami.

INDIA: Strike, slowing home market, savage Maruti Q2 profit

1 November 2011

Maruti Suzuki has reported fiscal second quarter net sales down 6.7% to INR158,574m (US$2.2bn). Net profit fell more sharply - by 25.8% to INR7,897m ($160.4m).

GERMANY: Porsche boosts nine-month operating profit 25%

1 November 2011

Porsche AG has booked a nine-month operating profit of EUR1.51bn, up 25% year on year.

US: Analysts highlight Honda Q2 sales fall

1 November 2011

Honda's US sales drop in its fiscal second quarter, global results for which were announced on Monday (31 October) was the "worst quarterly drop off we have on record" [back to 1991], according to Edmunds.com analysts in Los Angeles. US sales in the quarter were off 20.8% to 252,355 units, according to their data.

JAPAN: 'Quake and yen hurt Honda profitability

31 October 2011

Honda Motor's fiscal second quarter and first half financial results released on Monday (31 October) make for grim reading with automobile unit sales, sales revenue, operating profit and net profit all down sharply year on year as the impacts of the March Japanese earthquake and yen appreciation hit the books.

FRANCE: Renault Q3 sales rise 11.9%

28 October 2011

Renault, which is briefly shutting several French factories next week, on Friday (28 October) said third quarter group revenues rose 11.9% year on year to EUR9,745m.

JAPAN: Mitsubishi Motors posts huge H1 profit rises

28 October 2011

Mitsubishi Motors has posted consolidated net sales of JPY907.5bn for the first half of fiscal year 2011, April through September, up 5% or JPY42.8bn year on year.

US: Federal-Mogul books record Q3 sales

27 October 2011

Federal-Mogul has announced record third quarter sales and claimed "strong" financial results compared with Q3 2010 though net profit fell. Sales rose 12% to US$1.7bn on market share gains, higher volumes and favorable currency.

US: Johnson Controls reports record Q4 sales and profit

27 October 2011

Johnson Controls has reported record net sales and income for its fiscal 2011 fourth quarter.

US: Chrysler returns to Q3 net profit

27 October 2011

Chrysler Group said on Thursday (27 October) third quarter 2011 net income was US$212m compared with a net loss of $84m a year ago. Revenue rose 19% to $13.1bn.

GERMANY: Daimler reports weak Q3

27 October 2011

Daimler has reported weaker than expected third quarter operating profit as the economic downturn hit sales of its luxury cars in western Europe.

GOLDING’S TAKE: Ford delivers cars not divi cheques

26 October 2011

Thank goodness for Alan Mulally and the hair shirt policy that he introduced at Ford when he cruised in (from Boeing) to take the helm at what was a very sick company.

JAPAN/KOREA/INDIA: Mixed fiscal Q2/calendar Q3 results expected, outlook cloudy

26 October 2011

The lingering effects of the Japanese earthquake are expected to mar Japanese automakers' fiscal Q2 results while the Thai floods cloud outlooks but the Koreans are expected to deliver another round of stellar results. Q2 results in India are also expected to be down as sales slow.

JAPAN: Fuji ups H1 profit expectations

26 October 2011

Subaru carmaker Fuji Heavy Industries has revised upward its profit outlook for the first half ended 30 September, citing the benefits of cost cutting.

US: Ford Q3 profits fall year on year

26 October 2011

Ford third quarter 2011 net income fell US$38m year on year to $1.6bn, or 41 cents per share.

RESULTS PREVIEW: Daimler in 'good shape' – analyst

26 October 2011

Daimler is in good shape to face global economic challenges ahead, according to an analyst who spoke to just-auto ahead of the company's Q3 results.

FRANCE: PSA auto division struggles as EUR800m savings plan announced

26 October 2011

PSA Peugeot-Citroen said third quarter 2011 group revenues rose 3.5% year on year to EUR13.45bn but automotive revenues slipped 1.6% "impacted by sourcing difficulties and increased pricing pressure". It announced a new plan to save EUR800m in 2012 which critics said could cost 5,000 jobs. However, PSA announced later on Wednesday that 2,500 posts would be axed in Europe.

ANALYSIS: ASEAN Q3 sales recover

26 October 2011

New vehicle sales in the ASEAN region’s six largest markets increased by 13.4% to 707,798 units in the third quarter of 2011, from 624,073 units a year earlier, according to data compiled by Tony Pugliese.

SWEDEN: AB Volvo Q3 results get lift from trucks upswing

25 October 2011

Volvo Group has reported strong third quarter financial results on the back of the continuing strong performance from its heavy truck division.

JAPAN: Mitsubishi hikes H1 forecast as sales rise unexpectedly

24 October 2011

Mitsubishi Motors Corporation has raised its forecasts for the first half of fiscal 2011/12 to 30 September, citing an “unexpected increase in sales volumes and reductions in selling expenses and other costs”.

US: Gentex posts record Q3 results but warns on outlook

21 October 2011

Gentex has reported record financial results for the third quarter and first nine months of 2011, but also warned that flooding in Thailand could result in supply chain disruptions.

FRANCE: Valeo upbeat for 2012

21 October 2011

Valeo has an upbeat outlook for next year after reporting a 14% rise in third-quarter sales thanks in part to its expanding activities in emerging markets.

SWEDEN: Volvo Q3 loss disappointing but not unexpected

21 October 2011

A third quarter loss of SEK763m (US$115m) before tax, although disappointing, is in line with expectations according to Volvo chief Stefan Jacoby.

UK: GKN boosts Q3 sales and profits

19 October 2011

GKN group sales in the three months ended 30 September totalled GBP1,483m, an 11% increase year on year. Third quarter trading profit increased by 13% to GBP113m, before a GBP11m one-off charge relating to Gallatin and the trading margin was 7.6%. The group's profit before taxation (before Gallatin) was GBP100m.

SOUTH KOREA: Hankook reports decline in Q3 profit

19 October 2011

Hankook Tire said global consolidated sales in Q3 2011 rose 23% year-on-year to KRW1.69 trillion (US$945m) but operating profit fell 23.2% to KRW129.9bn.