GERMANY: VW does well in 2012, sees 2013 headwinds
Volkswagen Group on Thursday (14 March) said it had "successfully mastered the challenges posed by a difficult market environment in…
Last quarter/full year financial results
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GERMANY: BMW claims 2012 sales and profit records
BMW management board chairman Norbert Reithofer on Thursday (14 March) said 2012 was the group's best year yet as it…
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GERMANY: Audi posts solid results, but warns on economic environment
Volkswagen's Audi Group has posted financial results for calendar 2012 that, while including significant sales gains in the expected markets,…
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GOLDING’S TAKE: Volume or profit? Can Vauxhall and Opel magic up both?
General Motors Europe has changed leadership and the leadership has changed strategy. Former Morgan Stanley banker, Steve Girsky, is on…
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US: Federal-Mogul posts Q4 $80m net loss, full-year $117m net loss
Federal-Mogul Corporation has unveiled a fourth quarter net loss of US$80m, as well as a full-year net loss of US$117m.…
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SLOVAKIA: Kia plant doubles net profit
Kia Motors' Slovak plant last year hiked net profit to EUR155.46m from EUR68.63m as sales increased 17.7% to EUR3.92bn. The…
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CANADA: Magna ups 2012 sales 7% to $31bn
Magna has posted 2012 full-year sales of US$30.84bn, an increase of 7%, reflecting increases in North American, European, and rest of…
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US: Visteon net profit up 25% in 2012
Visteon has announced that it earned US$100m in 2012, up from USD80m the pevious year, as it benefited from higher…
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UK: GKN 2012 pretax profit up 19%
GKN has reported 2012 sales up 13% and pretax profit up 19%. "2012 was another strong year for GKN with…
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GERMANY: VW group boosts sales and profit in 2012
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…