Volkswagen AG posted a net profit of 21.7 billion euros ($28.7 billion) for 2012, up 41 percent on revenues that were 21 percent bigger.
Volkswagen said in a press release Friday ...
Volkswagen AG forecasts that operating profit this year will match last year's level, as the shrinking auto market in Germany affects earnings.
Earnings before interest and taxes, which rose 2.1 percent ...
Car-parts maker Valeo reported full-year operating profit up 3% due to its new products and increased demand in Asian markets, making up for the loss in Europe.
The French car-parts maker ...
Although Renault reported a dramatic drop in operating profit in 2012, it is confident that strong demand in Russia, Latin America and Asia will bring profit in 2013.
Renault’s sales in ...
GM said that he expects 2013 operating profit to see a modest increase in each region, but greater demand in China and the US.
"We're very much focused on this huge ...
Audi is turning more pessimistic about its chances to increase earnings in 2013 due to weakening European markets.
The VW-owned premium carmaker estimates it could take two to three years for ...
Daimler investors are not too happy with Mercedes-Benz' ambitious sales and profit targets.
According to the Detroit News, many investors believe Mercedes' long-term sales and profit targets are impossible to meet ...
General Motors surprised analysts by reporting a larger than expected third-quarter profit and by announcing it plans to break even in Europe by mid-decade.
Profit amounted to $1.5 billion, while net ...
Audi announced it is on its way of reaching last year’s operating profit of $6.92 billion (5.35 billion euro).
At the end of the third-quarter, Audi reported sales of 1,097,540 units, ...