Third quarter 2014 results: generally upbeat
CHINA: China XD Plastics Q3 net profit up 5.1%
China XD Plastics said third quarter revenue rose 7% year on year to US$315.7m, gross profit fell 0.5% to $65.4m and…
US: Meritor books Q4 net income down to US$3m
Meritor has posted fourth quarter net income of US$3m, down from US$41m. The company sold its Mascot remanufacturing business in…
GERMANY: Tax hits BMW Q3 net profit
The BMW group boosted third quarter profit before financial result (EBIT) 17.1% year on year to EUR2,256m thanks to a…
JAPAN: Yokohama posts nine-month net income up to US$215m
Yokohama Rubber has reported January to September net income up to JPY25bn (US$215m), from JPY20bn, with net sales rising 4.2%…
GERMANY: Osram books full-year net income of EUR193m
Osram says net income for fiscal year ending September, 2014, rose to EUR193m (US$240m), while revenue increased 1% to EUR5.1bn.…
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JAPAN: Suzuki warns on minicars as profits slump
Suzuki, Japan’s fourth largest carmaker and a dominant player in the minicar sector, saw its operating profits fall by 14%…
US: Visteon loses $21m in third quarter
Visteon Corporation announced a third quarter 2014 net loss of US$21m ($0.46 a share) on sales of $1.97bn. Adjusted EBITDA excluding discontinued…
JAPAN: Takata raises forecast loss on airbag recalls
Takata is taking more special losses related to airbag recalls as it forecast that it will record a loss of…
US: Chrysler boosts Q3 net profit 32%
Chrysler Group boosted net income 32% year on year in the third quarter of 2014 to US$611m. Revenue was up…
JAPAN/US: Toyota fiscal H1 results highlights
Toyota’s global net income jumped 12.6% during the first six months (1 April–30 September, 2014) of the 2015 fiscal year.…