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Browse fourth quarter articles

FCA US sees modest quarterly profit surge of 1.5%


Fiat Chrysler Automobiles NV’s local US division – the former Chrysler Group LLC – announced a 1.5 percent growth in the fourth-quarter profit, buoyed by cheap gasoline and demand for the company’s Jeep and Ram brands. FCA US announced in a statement that its adjusted earnings were up to $669 million from $659 million a year earlier, and due to costs ...
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More fourth quarter articles

Kia’s fourth-quarter profit takes 54% dive on currency headwinds
South Korean automaker Kia saw its fourth quarter net profit tumble 54 percent because the company was dearly hit by the Russian rouble plunge – with the market being one ...
Hyundai sees fourth quarter profit sliding 19%
South Korea's largest automaker, Hyundai Motor, has missed analyst estimates after it reported its fourth consecutive quarterly profit drop, weighed down by the dreary economic situation in Russia and by ...
Volkswagen AG sees profit up 18% in fourth quarter
The biggest European automaker, the VW Group has announced very good fourth quarter results, in which its spending for developing new models and production expansion has been more than balanced ...
Tesla sees good quarter sales, stock surges again
The electric carmaker rose the most in six weeks in New York trading after saying it delivered 6,900 Model S sedans in the fourth quarter, pushing full-year sales beyond the ...
PSA’s CFO predicts fourth-quarter market share gains
The French automaker, Europe’s second-biggest carmaker, after the VW Group, forecast a fourth-quarter market share increase on the continent because of increased demand for its new models. Peugeot, which saw a ...
Garmin forecasts sales of its navigation devices will fall by 20 percent in 2013
Garmin said it expects to sell fewer GPS navigation devices in 2013, with the company also forecasting full-year results below analysts' estimates. The announcement sent its shares down 12 percent to ...
GM Reports Fourth Quarter Profit Up 89%
GM reported fourth quarter profit up 89%, which would have been even higher hasn’t it been for the $700 million losses in Europe. During the fourth quarter GM earned a net ...
German Economy Dropped More than Predicted During Fourth Quarter
During the fourth quarter economy in Germany dropped lower than analysts’ forecast, as exports declined. During the fourth quarter, gross domestic product dropped 0.6% from the third quarter, when it saw ...
BMW X1 M35i xDrive going to the United States
The German based automaker BMW is planning to unveil the X1 M35i xDrive on the North American market later this year. Even if there is no official word from BMW on ...

latest automotive news
Trailer carrying McLaren MP4-12C gets hit by train, supercar destroyed
A trailer carrying a McLaren MP4-12C supercar has been hit by a train last week, in Orange Park, Florida, and ...
Aston Martin Vulcan to debut in North America
Aston Martin has announced the North American debut for the Vulcan track-only supercar during the 2015 New York Auto Show. The ...
[VIDEO] Ferrari LaFerrari goes drifting, almost crashes on the Ring
A rare example of the Ferrari LaFerrari has been recently taken to the famous German track, the Nurburgring, where it ...
Cadillac CT6 to bring lightweight approach to GM products
General Motors is set to introduce the upcoming large size CT6 sedan during the New York Auto Show this week ...
Dodge to produce 1,000 more SRT Hellcats
Dodge has recently announced that the production of the Challenger SRT Hellcat and Charger SRT Hellcat will be supplemented by ...
Spotted – McLaren 675LT
An example of the recently unveiled McLaren 675LT has been spotted recently in Spain while it was being driven on ...
US: FCA sales streak puts pressure on dealers
Fiat Chrysler Automobiles US, formerly the Chrysler Group, is set to report its sales for March on April 1 and ...
Audi RS3 Sedan planned for the U.S.
Audi is planning the introduction of the RS3 Sedan in the United States which will sit above the current S3 ...
Audi R8 V10 Plus Vegas Yellow seen in Germany
A Vegas Yellow finished version of the new Audi R8 V10 Plus generation has been spotted recently in Germany, at ...
US: Lincoln tries to restore positive momentum by reintroducing the Continental nameplate
Ford, just like its cross-town rival General Motors, has a serious problem with its premium brand – Lincoln – which ...
Spotted – Mid-engined Hyundai Veloster prototype
A prototype of the Hyundai Veloster with a mid-engined layout has been recently spotted while it was being tested out ...
US: Volvo to establish local factory as it mulls sales recovery
Sweden’s Volvo Cars, owned by China’s Zhejiang Geely, has announced it plans to spend $500 million to build its first ...
[VIDEO] 2016 Audi e-tron 3.0 TDI Quattro making video debut
Audi has released the first promotional video with the recently unveiled Q7 e-tron 3.0 TDI Quattro which will be offered ...
2016 Porsche Panamera Edition goes official
A special edition version of the Panamera has been prepared by the German based automaker Porsche. The 2016 Porsche Panamera Edition ...
Range Rover SVAutobiography shown
The new Range Rover SVAutobiography has been unveiled over the web ahead of its public debut scheduled for later on ...
Datsun brought back to life with French expertise
The French Japanese Renault-Nissan alliance has found that a mass-market automaker can also go down to ultimately go up – ...
Lincoln Continental Concept unveiled
Lincoln has pulled the wraps off the Continental Concept as this will be making its public debut at the end ...
ChemChina top executive mulls re-listing of Pirelli on Italy’s stock exchange
The chairman of China National Chemical Corp (ChemChina) recently commented on the sidelines of his company’s bid to acquire the ...