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…
Quarterly results time again
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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…