Quarterly results time again
FRANCE: Valeo Q1 consolidated sales inch up to EUR3.04bn
Valeo has reported 1.1% growth in consolidated sales on a like-for-like basis for the first quarter of 2013, despite a…
CANADA: Magna International sales and profits up
Aurora, Ontario-based global supplier and contract assembler Magna International on Friday (10 August) said second quarter 2012 operating income rose from $108m…
China Automotive Systems boosts Q2 sales as H1 profits fall
Power steering components and systems supplier China Automotive Systems (CAAS) on Thursday said second quarter 2012 gross profit increased 13.0% year…
GERMANY: Continental expects 2012 margin boost after strong first half
After two strong 2012 quarters, Continental Corporation reckons it is on track for another record year. The international tier one…
GOLDING’S TAKE: GM profits start to recover… but not for long
General Motors executives must wonder whether they will ever be able to wear anything other than the hair shirt. Bankruptcy…
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JAPAN: Toyota fiscal Q1 back in black after earthquake recovery
Toyota Motor Corporation swung back into operating profit in the first fiscal quarter ended 30 June, 2012, booking JPY353.1bn in…
US: Lear reports flat sales and lower profits
Seating and electricals specialist Lear reported flat sales and reduced profits for the second quarter of 2012. Sales of US$3.7bn…
US: General Motors Q2 net profit plunges $1bn
General Motors' second quarter net profit plunged US$1bn to $1.5bn, or $0.90 per share from $2.5bn, or $1.54, the previous…
US: Slimming down reduces Visteon Q2 sales and profit
Visteon Corporation reported second quarter 2012 net income of US$75m, or $1.40 per share, up from $26m, or $0.50 in…
SOUTH KOREA: Hyundai H1 net profit up 19.5%
Hyundai Motor Company said unit sales rose 11.5% to 2,182,768 units (domestic 327,963/export 1,854,805) worldwide in the first six months…