CANADA: Magna plummets to Q2, H1 losses after sales fall
Opel bidder Magna International on Friday reported an operating loss of US$237m (down $556m) and a net loss of $205m…
Q2 financial results season (over the worst?)
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US: Visteon extends net loss in Q2
Losses increased at Visteon Corporation in the second quarter as industry challenges continue to dog sales. The supplier booked a…
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US: Restructured Dana breaks even in second quarter
Dana Holding on Thursday said it had achieved break even net income in the second quarter of 2009 despite a…
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JAPAN: Honda sees H2 car profit
Honda Motor expect its car unit to return to profit in the second half of 2009 thanks to rising sales,…
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US: American Axle reduces Q2 loss despite automaker closures
American Axle & Manufacturing Holdings has reported a net loss of US$288.6m, ($5.20 a share) after a 57% year on…
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GERMANY: BMW Q2 profit beats estimates
BMW has confounded analysts by posting a better than expected second quarter operating profit thanks to cost cutting efforts aimed…
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JAPAN: Isuzu Motors’ Q1 results in red
Diesel engine and truckmaker Isuzu Motors plunged to a group net loss of JPY16.59bn in its first fiscal 2009/10 quarter…
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US: TRW reports Q2 net loss
TRW Automotive Holdings has reported a second quarter net loss of $11m (-$0.11 a share) compared with a $127m ($1.24)…
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US: ArvinMeritor books Q3 loss, sells wheels unit
ArvinMeritor has booked a net loss of US$162m or -$2.23 a share for its third fiscal quarter ended 30 June,…
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GOLDING’S TAKE: Alonso’s missing wheel and the persistent bad luck at Renault
Renault is beginning to look like an unlucky company. The finest symbol of this was Sunday’s televised display of the…