Finance

Goodyear's Profits, Sales Slide

February 08, 2019 at 6:50 PM

Goodyear Tire & Rubber Co. says its fourth-quarter sales fell 3% to 40.7 million tires as sales to carmakers shrank 10%. Revenue dropped 5% to $3.9 billion.

FCA Reports Sales, Earnings Gains But Tepid Outlook

February 07, 2019 at 4:20 PM

Fiat Chrysler Automobiles NV reports fourth-quarter growth in revenue, operating results and net profit. But it also forecasts only mild gains this year.

JLR Profits Plunge on Asset Writedowns

February 07, 2019 at 2:27 PM

Jaguar Land Rover Ltd. reports that its unit sales, revenue, earnings, operating margin and net profit all shrank in the fiscal third quarter ended Dec. 31.

Volvo Profits Stall as Sales Zoom

February 07, 2019 at 1:47 AM

Volvo Car Corp. saw revenue climb 21% to 253 billion kronor ($27.5 billion) last year, as unit sales rose 12% to a record 642,300 vehicles.

Daimler Sales Up, Profits Down

February 06, 2019 at 1:34 PM

Daimler AG hiked its revenue and unit sales in 2018 by 2% each to €167.4 billion ($190.5 billion) and 3.4 million passenger vehicles and commercial trucks, respectively.

GM Boosts Revenue, Earnings

February 06, 2019 at 11:50 AM

General Motors Co.’s adjusted net income swung to $2.0 billion in last year’s fourth quarter, reversing a $5.2 billion loss in the same period of 2017 caused by U.S. tax changes.

Mazda’s Net Income Drops 41% as Revenue Flattens

February 06, 2019 at 2:21 AM

Mazda Motor Corp.’s adjusted net income shrank 41% to 12.7 billion yen ($116 million) in October-December. Revenue growth stalled.

Toyota’s Net Profit Plummets 81%

February 06, 2019 at 1:32 AM

Toyota Motor Corp.’s net profit for the fiscal third quarter ended Dec. 31 plunged 81% to 181 billion yen ($1.6 billion), largely because last year’s results were boosted by a one-time tax cut in the U.S.

Honda’s Quarterly Profit Plunges 71%

February 01, 2019 at 9:22 AM

Honda Motor Co. says a 5% gain to 1.41 million vehicle sales was offset by a poorer mix that left revenue flat at 4 trillion yen ($36 billion) in the fiscal third quarter ended Dec. 31.

Gentex’s Fourth-Quarter Earnings Fall 19%

February 01, 2019 at 1:09 AM

Mirror supplier Gentex Corp. saw its net income drop 19% to $106 million in October-December as revenue dipped 1% to $453 million.

Ferrari Earnings Rise 6%

January 31, 2019 at 12:02 PM

Ferrari NV reports that its vehicle shipments climbed 10% to 9,300 supercars in 2018. evenue was flat at €3.4 billion ($3.9 billion) as the iconic brand strove to shift sales to more profitable models.

Tesla Posts 4Q Profit as Revenue Soars

January 31, 2019 at 1:22 AM

Tesla Inc. reports its revenue in last year’s final quarter soared to $6.3 billion from $2.7 billion in the same period in 2017.