Q2 financials are rolling in...
US: Lear unveils Q2 net sales up 12% to US$4.1bn
Lear Corporation has posted second quarter net sales of US$4.1bn, up 12%, with core operating earnings of US$224m, an increase…
INDIA: Costs and interest worry Tata Motors
Tata Motors flat fiscal first quarter profit lagged estimates after higher costs squeezed margins and the automaker said rising interest…
INDIA: JLR Q1 operating profit up 17%
Tata Motors owned Jaguar Land Rover fiscal first quarter operating profit (EBITDA) rose 16.9% to GBP408m on sales up 19.9%…
US: Cooper-Standard hikes 2011 sales forecast
Cooper-Standard booked revenue of $760.5m for the second quarter of 2011, compared with $628.4m the previous year, reflecting increased sales…
EGYPT: GB Auto Q2 net income falls 35%
Egypt's GB Auto said its second-quarter net income fell 35% year on year to 50.5m Egyptian pounds (US$8.5m). Egypt's biggest listed…
Subscribe to our Newsletter
Get industry leading news, data and analysis delivered to your inbox
US: Amerigon expects lower Q3 sales
Heated and cooled seat maker Amerigon said second quarter revenue rose 168% to $77.1m from $28.8m, mostly reflecting additional revenue for…
CHINA: Auto downturn hits power steer maker’s profits
Power steering specialist China Automotive Systems (CAAS) booked second quarter sales of US$82.5m, compared with $85.1m a year ago; gross profit…
US: Exide Technologies posts net loss of US$5.2m
Battery maker and recycler Exide Technologies reported a net loss of US$5.19m for the first quarter of fiscal 2011/2012, compared…
INDIA: M&M Q1 net beats expectations
Mahindra & Mahindra, India's largest utility vehicles maker, has reported a better than expected 8% rise in quarterly net profit.…
US: Tower International upgrades outlook despite Q2 loss
Engineered structural metal components and assemblies manufacturer Tower International has unveiled a Q2 loss of US$2.8m, but is increasing its…