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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 ...

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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 ...
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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
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Report – Volkswagen will meet its 2017 cost-cutting goal
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GM’s bankrupt predecessor helps customers get the $10 billion compensation
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GM and Jaguar Land Rover stopped deliveries to Russia
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Uber wants to patent its gouging prices
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Ford closes Genk Plant in Belgium
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Price of U.S. gas reaches under $2.50 a gallon
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Toyota will invest $126M to expand powertrain operations
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Spyker declares bankruptcy
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Mazda readies seven tuned cars for its home Tokyo Auto Salon
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Audi tells us that Q7’s 3D sound systems are the best around
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