Financial: Latest news and analysis articles

Subscribe via RSSWhat is RSS?

Latest Insights

THE WEEK THAT WAS: Q3s and a longer range Leaf

A highlight for me in the last week was a go in what Nissan UK bills its third generation Leaf - the 2016 update with an optional longer ran...

THE WEEK THAT WAS: The self-parking Beemer

It would appear our new Research Snapshots have gone down a treat with our readers, judging by the popularity of our review of door innovati...

THE WEEK THAT WAS: A European renaissance?

'Car sales in Europe off to a strong start' is not a headline we've been accustomed to writing much in the last few years but we did, finall...

ANALYSIS: Ford: Time to rev up profits in 2015?

Following the unveiling of Ford's Q4 and full-year 2014 financial results and, more importantly, its outlook for 2015, an obvious question i...

Latest Interviews

INTERVIEW: CLEPA CEO Jean-Marc Gales - Paris show 2 Oct 2012

Simon Warburton

European Automotive Supplier body, CLEPA, continues to power its members' interests in Brussels as well as act as the Continent's arm in negotiations with its Japanese equivalent in JAPIA and American counterparts, OESA. Simon Warburton talked to CLEPA CEO, Jean-Marc Gales at last week's Paris motor show.

INTERVIEW: FKG managing director Fredrik Sidahl 20 Mar 2012

Simon Warburton

Newly-appointed managing director of Scandinavian supplier body, FKG, Fredrik Sidahl, was 25 years with Volvo before working for Saab. In the first of two interviews, he talked to Simon Warburton in his Gothenburg office about the collapse of the iconic Swedish brand and gave some frank views on the government's attempts to save it.

Latest News

Denso reveals year-end revenue up 5% to US$40.2bn 29 Apr 16

Roger Stansfield

Denso has posted year-end consolidated revenue up 5% to US$40.2bn, while consolidated operating profit fell 4.7% to US$2.8bn.

Goodyear Q1 net income down 18% to US$184m 29 Apr 16

Simon Warburton

Goodyear has unveiled first quarter net income down 18% to US$184m and sales down US$0.4bn to US$3.7bn, largely due to unfavourable foreign currency translation of US$141m and the deconsolidation of the company’s subsidiary in Venezuela

Lear Q1 net income up from US$147m to US$248m 29 Apr 16

Simon Warburton

Lear has reported first quarter net income soaring from US$147m to US$248m, with sales up US$200m to US$4.7bn.

Ford books record Q1 pre-tax profit 28 Apr 16

Graeme Roberts

Ford Motor Company on Thursday (28 April) announced a record quarterly pre-tax profit of US$3.8bn for the first quarter of 2016, up $2.1bn; net income up 113% to $2.5bn, up $1.3bn and after-tax earnings per share of $0.68, excluding special items, up $0.39 year on year. Automotive operating-related cash flow of $2.7bn was also a first quarter record.

Visteon records Q1 net income of US$19m 28 Apr 16

Simon Warburton

Visteon has posted first-quarter results, reporting net income of US$19m and sales of US$802m, while adjusted EBITDA was US$89m compared with US$78m in the same period last year.

North America dominates FCA Q1 performance 26 Apr 16

Graeme Roberts

Fiat Chrysler Automobiles has beaten analysts' first-quarter profit forecasts, helped by a strong performance in North America.

Porsche ups 2015 dividend 25 Apr 16

Graeme Roberts

Following a supervisory board meeting in Stuttgart today (25 April), Porsche SE has revised its 2015 finanancial year dividend proposal to a considerably higher level than previously announced on Friday (22 April).

Volkswagen AG 2015 loss hits Porsche SE results 22 Apr 16

Graeme Roberts

Volkswagen AG's group loss after tax for fiscal year 2015 of EUR1.361bn will have a corresponding negative effect on the group results of Porsche SE which holds a 30.8% stake in the Wolfsburg automaker.

Michelin posts Q1 net sales up 0.9% to EUR5.1bn 22 Apr 16

Simon Warburton

Michelin has unveiled first quarter net sales of EUR5.1bn (US$5.8bn), with volumes up 3.7%, increasing 4% for passenger car and light truck tyres, 3% for truck tyres and remaining stable (0%) for speciality businesses.

Renault records Q1 revenue up 11% to EUR10.5bn 21 Apr 16

Simon Warburton

Groupe Renault has unveiled first-quarter revenue up 11% to EUR10.5bn (US$11.7bn), mainly due to the recovery of the European market.

Johnson Controls posts US$530m Q2 net loss 21 Apr 16

Simon Warburton

Johnson Controls has reported a Q2 net loss of EU$530m from continuing operations with US9bn of revenue, down from US$9.2bn.

Plastic Omnium Q1 sales up 6% to EUR1.5bn 21 Apr 16

Simon Warburton

Plastic Omnium is reporting first quarter sales up 6% to EUR1.5bn (US$1.7bn), with consolidated sales rising 6.7% to EUR1.3bn.

Japan quakes could slice JPY30bn off Toyota profit 18 Apr 16

Graeme Roberts

Toyota's operating profit could be reduced by about JPY30bn (US$277m) for the current quarter after a series of earthquakes struck southern Japan and disrupted parts supplies, a media report said.

Faurecia Q1 consolidated sales up 4.4% to EUR4.7bn 14 Apr 16

Simon Warburton

Faurecia has posted first quarter consolidated sales up 4.4% to EUR4.7bn (US$5.3bn), although exchange rate variations negatively impacted business activity by 1.5%.

Kia extends Total lubricants partnership to Europe 4 Apr 16

Graeme Roberts

Kia Motors and Total Lubrifiants have renewed their partnership agreement for another five years with Total remaining Kia's "preferred" aftermarket lubricants supplier exclusively across a network of 5,500 dealers in 180 countries - including west European markets from 1 January, 2017.

PWO records 2015 net income up 3% to EUR7.5m 1 Apr 16

Simon Warburton

Progress-Werk Oberkirch (PWO) has unveiled fiscal 2015 net income up EUR200,000 to EUR7.5m (US$8.5m), as well as Group revenue rising from EUR381m to EUR405m.

TRW adds EUR8.9bn to ZF 2015 sales of EUR29bn 22 Mar 16

Simon Warburton

ZF Friedrichshafen says it generated Group sales of EUR29.2bn (US$32.7bn) in fiscal year 2015, including EUR8.9bn from ZF TRW, which has been integrated as the new Active & Passive Safety Technology Division since the acquisition in May last year.

VW gets liquidity boost with LeasePlan sale 22 Mar 16

Dave Leggett

Volkswagen Aktiengesellschaft and the Dutch company Fleet Investments B.V. have closed the sale of leasing and fleet management company LeasePlan Corporation N.V. to a consortium of investors.

Ford CEO Fields earns $18.6m pay package in 2015 18 Mar 16

Graeme Roberts

Ford Motor executive chairman William Clay (Bill) Ford received a $2m salary, stock awards of $7.07m and various other payments totalling $12.9m, according to an SEC filing. President and CEO Mark Fields received a base salary of $1.75m, $12.1m in stock awards and a total 'compensation' package of $18.6m, down about $300,000 on 2014's pay.

SEAT makes a profit [includes comment] 17 Mar 16

Dave Leggett

VW Group brand SEAT says it closed 2015 with a profit after-tax of EUR6m, which compares with an EUR66m loss in 2014. It’s the first profit for the Spain-based brand since 2008.

Latest blogs

The just-auto Readership Survey 2014 7 Oct 14

Dave Leggett

We have just launched our first readership survey in two years.

Post-merger shake-out 4 Sep 14

Graeme Roberts

With the Fiat-Chrysler merger now appearing to be on the final straight, this Non Sequitur cartoon about post-merger scenarios gave me a coffee break giggle.

just-auto homepage

Forgot your password?

Get full access to all content, just $1 for 30 days

Site Editor David Leggett
Access for $1 for 30 days

A Message From The Editor [x]

just-auto gives you the widest automotive market coverage.

But only paid just-auto members have full, unlimited access to all our exclusive content - including 16 years of archives.

Today I can offer you 30 days access for $1 - PLUS a free copy of the 193-page eBook ‘Motor Mouths’, worth $34.99.

It’s our best ever membership offer – just for you.

Editor's signature

David Leggett, editor of just-auto

Get 30 days for $1
Risk-free, money-back guarantee