/

Browse operating income articles

GM’s losses in Europe doubled in 2012


General Motors' lossed doubled in Europe last year, shrinking the automaker's third-consecutive annual profit. GM's net income was $4.86 billion last year, down from a record $7.59 billion in 2011. Operating income in 2012, before any one-time items, was $7.86 billion, down from $8.30 billion in 2011. In Europe, losses for the entire 2012 doubled to $1.8 billion from $747 million in ...
Read more

related more
spacer
spacer

More operating income articles

Mitsubishi Motors reports strong profit growth for April – December 2012
Mitsubishi Motors Corporation has posted a net profit up 27 percent for the nine months to December, due to higher sales in Asia and cost cuts. Mitsubishi Motors Corporation (MMC) posted ...
Toyota Reports Results for April-September Period
Today, November 5th, Toyota reported results for the April-September period. During the first half of the fiscal year net revenues totaled 10.9 trillion yen, up 36.1% compared with the same period ...
Renault reports sharp decline, profit down 39%
French carmaker Renault said its profit fell 39 percent in the first half of the year as new car sales in Europe fell more than expected. The company said that it ...
Faurecia Expects Lower Operating Income
Today, July 24th, French auto parts maker Faurecia reported 119 million euro ($98 million) negative cash flow in the first six months of 2012 due to more than a half ...
Michelin net profit up, raises target for 2015
Michelin (MICP.PA), the world's second-largest tiremaker, Friday said operating profit rose 14.7% to EUR1.94 billion from EUR1.70 billion in 2011. The French giant said sales volumes rose 6.7% thanks to ...
TRW 3Q earnings down 20 percent
TRW Automotive Holdings Corp. today reported third quarter 2011 financial results with sales of $3.9 billion, an increase of 14 percent compared to the same period of 2010. However, the ...
Mazda: $512 Million Loss In Second Half
Mazda Motor Corp. stated that the company registered a $512 million loss during first half of its 2012 fiscal year, compared with the $7 million profit registered in ...
Scion may build cars in the U.S.
AutoObserver reports that Toyota Motor Corp, still consider to build Scion cars in North America – most likely the U.S. Every yen advance against the U.S. dollar cuts Toyota’s operating income ...
Volvo’s announces 36 percent higher profit versus last year, for Q3
Swedish automaker Volvo, the world's second-largest truck maker, reported Tuesday a higher than last year third-quarter profit, reflecting a 15 percent growth in sales and forecast a shrinking market in ...

latest automotive news
2017 Seat Ibiza teased
The Spanish based automaker Seat has released the first sketch with the new generation of the Ibiza which is said ...
Volkswagen Golf GTD Variant spied
Volkswagen is currently testing out the wagon version of the Golf GTD as the model in question has been caught ...
[Video] Mercedes simulator trains you to become the better driver
While life-sized simulators are generally associated with the training of plane pilots, the machines have been successfully ported to the ...
2015 COTY candidates announced
The first candidates of the 2015 Car of the Year award have been recently announced but the winner will be ...
Honda’s Mobilio jumps from Indonesia to India
The Japanese automaker aims to improve its market share in the huge India by porting a model that has become ...
New British sports car teased – Ant-Kahn Evanta Barchetta
A brand new British sports car is about to hit the market with its appealing looks under the Ant-Kahn Evanta ...
General Motors – 6 new recalls announced
General Motors is continuing to announce new recalls with six separate campaigns which are covering nearly three quarters of a ...
Chevrolet debuts its Manchester United sponsorship in the US
General Motors decided that a shirt sponsorship deal for the next seven years with England’s Manchester United is well worth ...
2014 Renault Megane introduced in Australia
Renault has recently announced the launch of the updated Megane across the Australian continent, where the cheapest version is now ...
Recall roundup: Mercedes-Benz SLK and SL for Takata airbags
The German based automaker Mercedes-Benz has recently issued a recall for the SLK and for the SL roadsters because of ...
Mercedes-Benz to further cut costs, even as profit beats estimates
Daimler AG announced a second-quarter profit that positively outpaced analyst forecasts, thanks to increased deliveries from the higher-margin Mercedes C, ...
[VIDEO] Hear the 2015 Ford Mustang EcoBoost
Another video upload with the brand new 2015 Ford Mustang is partially revealing the sound of the EcoBoost four-cylinder version. In ...
[VIDEO] Dodge Challenger SRT Hellcat – POV drive on the track
A new video with the recently unveiled Dodge Challenger SRT Hellcat is showing the impressive muscle car go around on ...
General Motors continues its recall spree
Still grappling with its safety-related crisis, the No. 1 US automaker continues on its long chain of recall actions, the ...
Vorsteiner previewing upgrades for BMW M4 Coupe
Vorsteiner has recently released the first details on an upcoming styling kit aimed towards the BMW M4 Coupe which is ...
[VIDEO] See a Porsche 918 Spyder accelerate from 0 to 333 km/h
A new video upload is showing the impressive Porsche 918 Spyder hybrid supercar while accelerating from a standstill to 333 ...
UK production output buoyed by new model introductions
According to the country’s automotive industry body, the car production in Great Britain increased 3% over the first half of ...
[VIDEO] Ferrari Collector takes his F40, F50, Enzo and 288 GTO to pick up his new LaFerrari
A Ferrari collector who has managed to add some pretty interesting supercars into his garage, has recently taken all of ...