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Browse fourth quarter articles

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 by the record sales of Audi and Porsche. According to Bloomberg analyst calculations, the group’s earnings before interest and taxes went up to 3.11 billion euros ($4.27 billion), improved from 2.64 ...
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More fourth quarter articles

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 ...
Q3 imports in China exceeded 700,000 vehicles
According to Sinotrust, a China Automobile Trading and market solution company, during the third quarter of 2011 China imported approximately 712,000 vehicle, with 26.6% more than last year. Also, 612,000 ...
Ford:  $1.2 billion U.S. pension contribution in 2011’s first nine months
From July until September 2011, Ford Motor Co. contributed $200 million to its worldwide pension plans. The cumulative contribution for Jan – Sept period reaches $1 billion. That comes as ...
Ford’s global output in Q4 2011 is forecasted at 1,370,000 units
According to the most recent statements of Ford, North America is the only market that will allow sales increases for the remaining of 2011, while Europe and other regions register ...

latest automotive news
UBS reducing F1 sponsorship
Sep.1 (GMM/Inautonews.com) Major F1 sponsor UBS is scaling down its investment in the sport. The Swiss based global financial services ...
Corvette Museum to fill car-nabbing sinkhole
The National Corvette Museum’s board of directors in Kentucky voted to fill an entire hole that opened up in February ...
California lawmakers adjourn without helping Tesla
Californian lawmakers are set to postpone the idea of coming up with incentives to tempt Tesla Motors Inc. to build ...
Tesla vs. dealerships dispute heightens in Georgia
Tesla Motors Inc., which has previously fought U.S. dealers over direct sales of its electric cars, has to face a ...
Japan car sales hit lowest point since 2011
The auto sales in Japan have reached a three-year low last month, showing a decline in what the consumers are ...
Fiat-Chrysler to see New York stock market listing in October
CEO Sergio Marchionne said on Saturday that Fiat-Chrysler plans to list shares of the soon to be merged carmaker in ...
[Video] Land Rover learns survival skills from Bear Grylls
The well-known television star, British survivalist and Mount Everest conqueror Bear Grylls has became Land Rover’s new global brand ambassador. The ...
[Video] Jaguar prepares XE S reveal on September 8 with hot teaser
The British brand has prepared a teaser video that spearheads the online unveiling of the 2015 XE S. The full ...
Saab carmaker NEVS wins creditor protection
China’s National Electric Vehicle Sweden (NEVS), the owner of the Saab automaker since 2012, has won protection from creditors thanks ...
[Video] Mopar offers preview of 2015 Dodge Challenger Drag Pak Test Vehicle
During the NHRA US Nationals in Indianapolis, Chrysler’s performance division Mopar showed off with its Challenger Drag Pak Test car ...
US auto sales remain balanced as the summer ends
Compared to last year, the U.S. auto sales in August will be about the same, continuing the recovery from the ...
New Opel Corsa configurator launched
The subcompact model is utterly important to Opel’s revival strategy, being the brand’s bestseller. So, no detail has been left ...
Great Wall is building a Russian Plant
China’s largest SUV maker, Great Wall Motor Co. has announced it has started construction of a $520.7 (3.2 billion yuan) ...
Chrysler merger with Fiat is on track
Fiat said that its merger with Chrysler is on track after a tally of shareholders votes showed there are no ...
Another exec at FAW investigated by China’s watchdog
China’s anti corruption enforcers are probing another former senior executive of the FAW Group, the latest target in the series ...
[Videos] BMW releases huge gallery for the M4 Cabrio
The long-awaited M4 Cabrio is arriving quite late in the year, with the summer all but ready to make way ...
US: California ranger found asleep with beer between legs
If the California State Parks ranger escapes without losing his job and DUI charges, he’s not going to be the ...
Nissan reveals pricing details for the 2015 Rogue
The Japanese automaker has officially released pricing info for the US market of the 2015 model year Rogue, with the ...