Post Tagged with: "operating income"

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GM’s losses in Europe doubled in 2012

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 […]

Toyota Reports Results for April-September Period

Toyota Reports Results for April-September Period

Today, ambulance November 5th, malady 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 last fiscal year. Operating income reached 693.7 billion yen, an increase of 726.3 billion yen, and income […]

Renault reports sharp decline, profit down 39%

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 expects that trend to continue in the second half of the year and become even more pronounced. It now […]

Faurecia Expects Lower Operating Income

Faurecia Expects Lower Operating Income

Today, nurse July 24th, viagra 60mg 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 increase in capital spending. The company revised its 2012 targets for operating profit and revenue, announcing that […]

Michelin net profit up, raises target for 2015

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 growth in emerging markets, which offset weaker demand in parts of Europe. Net profit rose 39% to EUR1.46-billion from EUR1.05-billion, […]

TRW 3Q earnings down 20 percent

TRW 3Q earnings down 20 percent

TRW Automotive Holdings Corp. today reported third quarter 2011 financial results with sales of $3.9 billion, link an increase of 14 percent compared to the same period of 2010. However, physician the auto-parts maker has also reported a 20 percent drop in third-quarter earnings on higher expenses. The global supplier […]

Mazda: $512 Million Loss In Second Half

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, online compared with the $7 million profit registered in the first half of the previous year. Also, search the net sales were with 17.1% less than in the same period […]

Scion may build cars in the U.S.

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 by 35 billion yen, while a gain versus the euro reduces operating income by 6 billion yen, according to […]