Post Tagged with: "fourth quarter"

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FCA US sees modest quarterly profit surge of 1.5%

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 […]

Hyundai sees fourth quarter profit sliding 19%

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 increased incentives in America. Hyundai, the world’s fifth-largest carmaker when joined by affiliate Kia Motors has seen net profit for […]

Volkswagen AG sees profit up 18% in fourth quarter

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 […]

BMW X1 M35i xDrive going to the United States

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 a possible X1 M35i xDrive model which might hit the United States later this year, the guys from xbimmers.com […]

Q3 imports in China exceeded 700,000 vehicles

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 imports have been registered, with 30.2% more than previous year. “Growth in imports has experienced a slight drop in the […]

Ford: Q3 profit of $1.65 billion

Ford: Q3 profit of $1.65 billion

A higher pricing strategy which drove sales higher, mixed with strong demand for crossovers and trucks, helped Ford post its 10th consecutive quarterly profit, a 2 percent decrease from last year to $1.65 billion. Around $1.6 billion of Ford’s profit came from its North American operations, a figure which is […]