Q3 financials are rolling in...
TURKEY: Property sale boosts Tofas profits
Tofas, Fiat's Turkish affiliate booked fourth quarter net income up 9.6% to TRY131m (US$74.7m; EUR56.5m), ahead of estimates, after gains…
INDIA: Motherson Sumi net off 72% in Q2
Motherson Sumi Systems said the fiscal second quarter ended 30 September 2011 was the toughest quarter in recent history. Net…
JAPAN: NGK H1 net income falls
NGK Spark Plug net sales for the first fiscal half to 30 September decreased 1.3% year on year to JPY139bn (US$1.8bn). Operating…
UK: Jaguar Land Rover posts 30% rise in revenue to US$4.6bn
Jaguar Land Rover has posted a 30.3% rise in revenue to GBP2.92bn (US$4.6bn) for the latest quarter, with operating profit…
JAPAN: Isuzu H1 net income up 15.5%
Truckmaker Isuzu Motors' first fiscal half net income rose 15.5% year on year to JPY33.73bn (US$434.42m). Operating income declined 6.2% to…
GOLDING’S TAKE: GM’s value to the US Treasury is on the slide
General Motors CEO Dan Akerson was quite straightforward in his assessment of General Motors when he reviewed the third quarter…
US: GM posts Q3 net income down 15% to $1.7bn in “tough” global economy
General Motors has posted third quarter net income down 15% from US$2bn to $1.7bn, although net revenue increased $2.6bn to…
JAPAN: Toyota profit outlook hit by Thai floods
As Toyota today announced second quarter net profit down a hefty 18.5% on last year, it also withdrew its guidance…
ANALYSIS: BMW benefits from cost reduction and higher sales in China
BMW's strong third quarter results must have pleased shareholders. The business pages may have constituted rather gloomy reading generally of…
US: Visteon Q3 results back in the black
Tier one supplier Visteon was back in the black in the third quarter of 2011, reporting net income of US$41m,…