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Browse fiscal year articles

Jaguar Land Rover parent warns of profit failure


With the company due to report fourth quarter earnings on the fiscal year ending March 31, Tata Motors, the Indian parent company of premium British automaker JLR has warned of decaying profit. With the group expected to make the financial report today, Tata Motors warned investors it could have no profit at the standalone level for the fiscal year that just ...
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More fiscal year articles

Nissan’s profit seen rising, but earnings shrink
Japan’s second largest automaker, Nissan Motor Co has released its forecast for the full fiscal year 2014/15, with the net profit set to increase by 4.1%, which is slightly below ...
Toyota hits profit record, expects it to slip next fiscal year
President Akio Toyoda, fresh of a huge profit last year and accustomed to huge crises in its early years, is looking rather content at seeing the company’s profit flat or ...
Toyota to grow slower after huge profit increase
The world’s biggest automaker, Toyota, is expecting this fiscal year to face a rather modest growth after in the past 18 months its profit greatly increased thanks to the Japanese ...
Mitsubishi is finally profitable in Europe
The Japanese automaker ended a three years loss this fiscal year, which ended March 31, in the European region – even making the continental market its second most profitable business ...
Subaru reaches new fiscal year record
Fuji Heavy Industries Subaru unit has announced it achieved record sales in the US, Canada, and China managing a new record in fiscal year 2014 - April 2013 – March ...
Infiniti to finally hit operating margin goal this fiscal year
After years of low profitability, Infiniti, the luxury brand of Japanese carmaker Nissan, will meet its operating profit margin target this fiscal year, according to its president. Johan de Nysschen said ...
Subaru debates niche status with 412% surge
Fuji Heavy Industries Subaru is the prince of Japanese carmakers as its company’s stock has risen almost fivefold since the beginning of 2012, with record profits and sales. Subaru benefited more ...
Toyota Increases Profit Target for Fiscal Year on Strong US Sales and Weak Yen
Toyota increased its operating profit target for the financial year ending March 2014, as exports have become more profitable thanks to the weak yen. Toyota, which is the best-selling automaker in ...
Mitsubishi Reports Record Profit for Fiscal Year 2012/2013
Mitsubishi’s net profit for financial year ended March increased 58.7% to record 38.0 billion yen ($382.4 million). Mitsubishi managed to reach the record profit thanks to Japan’s green car subsidies, costs ...

latest automotive news
2015 Ford Mondeo arrives in Romania – short test drive inside
Ford Romania has introduced the fifth generation of the Mondeo in Europe, over a 2-day event which has gotten us, ...
Ricciardo pace ‘a factor’ in Vettel exit – Horner
Dec.20 (GMM/Inautonews.com) Daniel Ricciardo's surprising pace was "probably a factor" in the decision taken by Sebastian Vettel to leave ...
Ecclestone determined to change 2016 engine rules
Dec.20 (GMM/Inautonews.com) Bernie Ecclestone has confirmed reports he remains determined to shake up F1's engine rules. We reported that, at ...
De la Rosa leaves Ferrari, Vergne signs up
Dec.20 (GMM/Inautonews.com) Ferrari has confirmed speculation Pedro de la Rosa is vacating his test-driver post. It was rumoured the 43-year-old ...
2016 CT6 Cadillac gets streaming rearview technology
The streaming video rearview technology will expand the driver’s vision in the upcoming 2016 CT6, eliminating any rear seat, rear ...
US: Ally gets out of 6 years bailout
Ally Financial Inc. stated that it would finally resolve its bailout after the U.S. government will sell the last $1.25 ...
Daimler puts aside €600 million for EU antitrust investigation
The Germany-based company, Daimler, stated on Thursday it is putting aside 600 million euros to cover any potential costs that ...
Renault-Nissan and AvtoVAZ merge into Russia’s biggest auto parts buyer
AvtoVAZ and the Renault-Nissan alliance will come together in terms of purchasing activities in Russia. The merged unit will now ...
Report – Volkswagen will meet its 2017 cost-cutting goal
Volkswagen CEO, Martin Winkerton, has said according to a source that the carmaker is on the right track to reach ...
GM’s bankrupt predecessor helps customers get the $10 billion compensation
General Motors customers gained a new friend in their run for the compensation worth $10 billion. The automaker’s bankrupt predecessor ...
F1 to have new engine rules in 2016 – report
Dec.19 (GMM/Inautonews.com) F1 is now speeding towards yet another new set of engine regulations. On Thursday at a Geneva meeting ...
GM and Jaguar Land Rover stopped deliveries to Russia
In response to the slide in the rouble’s value, automakers, General Motors and Jaguar Land Rover included, decided to stop ...
Uber wants to patent its gouging prices
While critics accuse Uber of price gouging over the high fees asked in Sydney for the people who were fleeing ...
Ford closes Genk Plant in Belgium
With a production of around 14 million cars over the past 50 years, Ford shut the doors of its plant ...
Price of U.S. gas reaches under $2.50 a gallon
U.S. drivers are paying less than 2.50 dollars a gallon at the gasoline pump for the first time in more ...
Toyota will invest $126M to expand powertrain operations
Toyota announced today that it will invest $126 million in the expansion of its powertrain operations in Ann Arbor and ...
Spyker declares bankruptcy
On Tuesday, Spyker, the Dutch sportscar maker which owned Saab, was declared bankrupt when not succeeding to secure a loan ...
Mazda readies seven tuned cars for its home Tokyo Auto Salon
The Japanese automaker has prepared seven tuned models, all of them scheduled to make their official public debut during the ...