Financial: Latest news and analysis articles

Latest insights

The week - Results season is upon us, again

28 April 2017 | Graeme Roberts

That came around again quickly - results season again is upon as, depending on whether automakers and parts suppliers work on calendar year or, commonly in Japan, India and, coincidentally, in our very own parent company Aroq's head office, fiscal year, first quarter or fourth quarter/full year financials spill out all over.

Daimler suggests a good Q1 result - the week

13 April 2017 | Graeme Roberts

'Early doors' - to borrow a phrase from our editor - for me ahead of the Easter break hence an earlier than usual look back at an already shortened week.

Ford charts path for long-term growth - Analysis

21 September 2016 | Dave Leggett

At its recent ‘Investor Day’, Ford’s senior management set out its strategic priorities. The plan is to build on core strengths and grow in emerging opportunities. Dave Leggett describes some highlights and offers an assessment.

Volkswagen counts the cost of 'dieselgate'

31 May 2016 | Ray Hutton

Volkswagen Group pushed expected liabilities from the diesel scandal into the 2015 accounts, so that it can make a new start with a new boss and a new organisation, writes Ray Hutton. However, 2016 is shaping up to be a challenging year for the company.

Latest interviews

INTERVIEW: CLEPA CEO Jean-Marc Gales - Paris show

2 October 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 March 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

FCA denies Great Wall approach for its business

21 August 2017 | Dave Leggett

Fiat-Chrysler (FCA) has denied that it has been approached by Great Wall as rumours continue to swirl over Chinese OEMs interested in acquiring all or part of its automotive operations.

GM voluntarily delists from Toronto stock exchange

17 August 2017 | Graeme Roberts

General Motors said it had received approval for a voluntary delisting of its common stock from the Toronto Stock Exchange (TSX) in Canada.

Geely has no plans to buy Fiat Chrysler - report

16 August 2017 | Graeme Roberts

Geely Automobile Holdings has denied media speculation it planned to make a takeover bid for Fiat Chrysler (FCA).

Volvo Cars owner Geely books healthy first half

16 August 2017 | Graeme Roberts

Geely has promised cars on the platform developed with its Volvo Cars unit [the Compact Modular Architecture (CMA) which will underpin Volvo's smaller 40 series cars currently under development and also Lynk models] later this year and announced healthy first half profits.

just-auto Plus only Sibur H1 2017 revenue up 2.1% to RUB212bn

16 August 2017 | just-auto plus Extended News

PAO Sibur Holding, an integrated gas processing and petrochemicals company, today published its operational and financial results for the six months ended 30 June 2017 in accordance with...

Analysts value FCA brands

15 August 2017 | Graeme Roberts

Fiat Chrysler Automobiles shares climbed to a record last night after Morgan Stanley analysts said they saw "substantial hidden value" in several of the company’s brands that could emerge from spin-offs or sales to other automakers.

Nexteer boosts H1 revenue and profits

15 August 2017 | Graeme Roberts

Nexteer Automotive said half year 2017 revenue reached US$1.974bn, up 2.6% year on year, gross profit rose 11.1% to $371.5m and net profit was up 20.7% to $179.7m.

Tata Motors names new CFO

15 August 2017 | Graeme Roberts

Tata Motors, parent of Jaguar Land Rover, has named PB Balaji as group chief financial officer.

just-auto Plus only Westport Fuel Systems posts US$62.1m revenue in Q2

15 August 2017 | just-auto plus Extended News

Westport Fuel Systems reported financial results for the second quarter ended 30 June 2017, and provided an update on operations.  "A year ago, we set a very specific goal to...

just-auto Plus only CDTi reports US$8.4m revenue in Q2 2017

15 August 2017 | just-auto plus Extended News

Clean Diesel Technologies ("CDTi" or "the Company"), a leader in advanced emission control technology, reported its financial results for the second quarter ended 30 June...

GM unhappy with latest ignition switch development

14 August 2017 | Graeme Roberts

Plaintiffs suing General Motors over faulty ignition switches and other alleged vehicle defects have reached a US$1bn settlement requiring the automaker to turn over that amount of stock, a lawyer for the plaintiffs said in a court hearing on Friday, according to a media report.

Magna enjoys a record second quarter

11 August 2017 | Graeme Roberts

Magna International said it booked record second quarter sales up 3% year on year to US$9.68bn to 30 June, 2017 despite North American and European light vehicle production declining by 3% and 1%, respectively.

Leoni Q2 net income doubles to EUR59m

11 August 2017 | Simon Warburton

Leoni has posted second-quarter consolidated net income more than doubling to EUR58.6m (US$69m) with sales rising 8% to EUR1.2bn.

Thyssenkrupp Q3 net income up 8% to EUR134m

11 August 2017 | Simon Warburton

Thyssenkrupp has recorded third-quarter net income year-on-year up 8% to EUR134m (US$158m), although due to a single impact from the sale of CSA (Siderúrgica do Atlântico) in the second quarter the Group reported a net loss of EUR721m for the first nine months.

just-auto Plus only Lotus Group reports GBP10m profit in H2 FY2016-17

11 August 2017 | just-auto plus Extended News

Marking a major milestone in the history of Lotus Group International Limited (LGIL), the company finishes the financial year 2016/17 on plan. Lotus closed the year with positive EBITDA of GBP2.0m...

China Automotive Systems boosts profits

10 August 2017 | Graeme Roberts

Power steering supplier China Automotive Systems said second quarter sales increased 16.5% year on year to US$117.7m from $101.0m in the second quarter of 2016 while operating income rose 109.8% to $11.1m with an operating margin of 9.4% compared with 5.2%.

Yokohama Rubber sales up 15.9% to JPY310.8bn

10 August 2017 | Simon Warburton

Yokohama has announced first-half profit attributable to its parent up 39% to JPY11.4bn (US$103m), with a 16% increase in net sales to JPY310.8bn. 

just-auto Plus only Tata Motors posts INR586.51bn revenue in Q1 FY 18

10 August 2017 | just-auto plus Extended News

For the quarter ended 30 June 2017, Tata Motors reported consolidated revenues (net of excise) of INR586.51bn (US$9.15bn) as against INR651.15bn for the corresponding quarter last year....

just-auto Plus only Motherson Sumi Systems Q1 FY17-18 revenue rise 25%

10 August 2017 | just-auto plus Extended News

Motherson Sumi Systems Limited (MSSL) announced financial results for its fiscal 2017-2018 first quarter, which ended on 30 June 2017. The company posted quarterly consolidated revenues...

just-auto Plus only Lanxess global sales up 30% to EUR2.5bn in Q2 2017

10 August 2017 | just-auto plus Extended News

Following a good second quarter 2017, speciality chemicals company Lanxess continues to expect the highest earnings in the company’s history for the current financial year. Global...

Forgot your password?