US: Meritor Q3 net profit up 188%
Meritor booked net income of US$49m for its third fiscal quarter to 30 June, 2012, up from $17m in Q3…
Full-year results rolling in...
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ITALY: Pirelli records 2011 revenue rise to EUR5.7bn
Pirelli has posted consolidated revenues for 2011 of EUR5.7bn (US$7.4bn), an increase of 16%, with a total net result of EUR408m.…
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GERMANY: 2011 a record year for Porsche
Porsche booked record sales, revenue and operating profit in 2011. Vehicle sales, led by the Cayenne SUV (59,873), rose 21% to…
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UK: Inchcape boosts EPS as 2011 sales slip 1%
UK-based global auto importer, distributor and dealer group Inchcape said it improved earnings per share by 11% in the year to…
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GERMANY: Volkswagen Group employee bonus: EUR7,500
Volkswagen Group employees will get a EUR7,500 bonus this year after the carmaker booked record 2011 profits. At the group's annual…
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GERMANY: VW Group books record profits in 2011
Volkswagen Group on Monday reported record results for full year 2011 - sales revenue up 25.6% to EUR159.3bn, operating profit up EUR4.1bn…
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GERMANY: BMW achieves record sales and profits in 2011
BMW Group said on Thursday it had achieved record sales volume, revenues and earnings records in 2011. Group revenues increased…
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MALAYSIA: Proton Q3 losses widen amid uncertainty
Malaysia’s first national carmaker, Proton Holdings, reported a sharp deterioration in its financial results for the quarter ending on 31…
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CHINA: BYD net profit drops 44% in 2011
Chinese electric car and component maker BYD reported net profit down 44% year on year to CNY1.4bn (US$222m) for full…
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US: Visteon books fourth quarter net loss of $26m
Visteon Corporation has reported a net loss of US$26m, 51 cents a share, on sales of $1.86bn. Fourth quarter 2010 saw…