/

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
First Koenigsegg One:1 registered in Germany, power leads to computer glitch
The first ever production version of the Koenigsegg One:1 has been recently registered in Germany. The world’s first megacar is named ...
Next-gen Audi A8 to be the company’s first autonomous vehicle
The German based automaker Audi will soon introduce its first ever production autonomous car, in the shape of the next ...
Honda to pull the plug on the Euro-spec Accord in 2015
The Euro-spec Honda Accord will be discontinued next year as the company has recently announced. One of the most popular vehicles ...
New Nissan Concept teased for Sao Paulo Motor Show
A new teaser image with a brand new concept has been released by Nissan ahead of the model’s debut set ...
Paul Bailey buys Ferrari LaFerrari
Famous successful businessman Paul Bailey has apparently added a brand new ride to his garage, a red Ferrari LaFerrari. Paul Bailey ...
Lamborghini Reventon for sale
A Lamborghini Reventon, which is basically brand new, is currently being offered for sale in the Middle East. Petrol heads with ...
2015 Dodge Charger SRT Hellcat costs $63,995
The 2015 Dodge Charger SRT Hellcat is getting ready to reach its future customers with a starting price of 63,995 ...
China-made Range Rover Evoque
JLR has recently inaugurated its first assembly plant outside the United Kingdom with Chery Automobile Company, located in Changchu, China. Jaguar ...
US: dwindling electric auto sales bring price cuts
The battery-operated electric cars have been heralded as the response to global warming and increased pollution. The only issue? They’re ...
2015 Volvo XC90 – official price list announced for Europe
The official price list for the brand new 2015 Volvo XC90 has been recently announced by the Swedish based automaker ...
Recall roundup: 1.14 million Volkswagen cars
The German based automaker Volkswagen has recently issued a recall for 1.14 million cars in China and the United States ...
2015 Volkswagen Tiguan gets priced in Australia
Volkswagen has announced the official price list for the 2015 Tiguan in Australia, where the model goes in from 27,990 ...
US: auto industry braces for upcoming cyber attacks
Hackers have been a plague for many businesses and industry segments since the computer revolution, but they’re now also targeting ...
Chevrolet Colorado Sport Concept going to SEMA
The North American based automaker Chevrolet has recently announced the official debut of the Colorado Sport Concept at the 2014 ...
GM and Ford expected to report positive third-quarter earnings
This is financial week for the largest and second-biggest US automakers, with General Motors due Thursday and Ford the next ...
2015 Volkswagen Beetle Classic gets priced in the U.S
The 2015 Volkswagen Beetle Classic will be available for its future owners starting in at 20,195 USD. Volkswagen has recently announced ...
China: PSA and Dongfeng start the construction of their fourth plant
The French automaker’s China joint-venture partnership with domestic carmaker Dongfeng Motor has started building their fourth assembly facility, a plant ...
Ferrari 458 Italia crash kills occupants
A Ferrari 458 Italia crash, in Middleton, near Boston, has ended the life of the driver and the occupant. A horrific ...