Quarterly results season is here again
CANADA: Magna International sales and profits up
Magna International said it booked record sales of US$8.96bn for the second quarter to 30 June, 2013, up 16% year on year…
US: Visteon posts Q2 net income of US$65m
Visteon has posted second-quarter net income of US$65m, down from US$75m in the comparable period last year. Second-quarter adjusted EBITDA…
UK: Jaguar Q1 pretax up 25%
Tata Group's Jaguar Land Rover reported pretax profits up 25% to GBP415m for the first fiscal quarter of 2013/14. Retail…
JAPAN: Toyota income soars on weaker yen
Toyota, the world’s biggest car maker by volume, saw its net income almost double in the first quarter as the…
JAPAN: Subaru’s operating and net income rise in fiscal Q1
Subaru's net sales for first fiscal quarter increased 27.5% to JPY546.9bn (US$5.58bn) from JPY428.9bn in the fiscal first quarter of…
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JAPAN: Suzuki Q1 operating income up 24%
Suzuki Motor first quarter sales rose 4.8% year on year to JPY675.8bn as volume rose in Asia and Europe. Home…
ITALY: Fiat Industrial Q2 profit rises
Truck and tractor maker Fiat Industrial has reported a rise in second quarter net profit due to higher margins at…
GERMANY: Competition and costs weigh down BMW Q2 results
BMW Group Q2 revenues rose 1.8% to to EUR19,552m but higher costs and greater competition reduced profit before financial result (EBIT)…
GERMANY: Porsche H1 operating profit up 3%
Porsche boosted first half operating profit 3% to EUR1.29bn on sales up 4% to EUR7.03bn. Vehicle deliveries increased 18% to 81,565. Deliveries…
US: Goodyear unveils second quarter operating income of US428m
Goodyear has reported what it says is record second quarter operating income of US428m, with accelerating growth in tyre unit…