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…
Q3 financials are rolling in...
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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,…