/

Browse profit articles

AutoZone Third Quarter Profit Up 6.8%


US largest auto parts retailer AutoZone reported a quarterly profit increase of 6.8%, surpassing analysts’ estimates. As an increased number of customers in the US undertook vehicle repairs after a long winter, AutoZone’s profit during the third quarter surpassed analysts’ expectations. In February the company said that it expected increased profit in the second half of the fiscal year as the ...
Read more

related more
spacer

Multimedia zone

2012-Mini-roadster-030.jpg





spacer

More profit articles

Porsche Reports Increased Profit for First Quarter
Porsche reported a profit tax of 601 million euro during the first quarter, achieved mainly through investments. As of March 31st Porsche Group’s net liquidity increased to 2.9 billion euro from ...
The Increase in China Dealerships Expected to Sap Profit
Auto dealership returns in China will drop as automakers continue to open more of them, therefore increasing competition, according to Sanford C. Bernstein Ltd. Foreign car makers have began to expand ...
Ghosn Expects Infiniti to Add to Nissan’s Profit Due to Weakening Yen
Nissan CEO Carlos Ghosn said that the Infiniti brand will make a significant contribution to the group’s profit, especially if the yen will continue to drop. Over the past two years, ...
Magna Reports Higher-Than-Expected Profit for the First Quarter
Today, April 10th, auto parts maker Magna International reported an increase for the first quarter higher than analysts’ estimates, thanks to strong sales in North America. Magna’s revenues increased 9%, and ...
Tesla’s Value Surpasses Fiat’s After Posting Q1 Profit
After posting higher than expected first quarter profit, thanks to its Model S sedan, Tesla surged as much as 26%. At 11:45 a.m. New York time Tesla surged 23% to $68.36, ...
Toyota Profit For Q1 More Than Doubled to $3.2 Billion
Toyota managed to more than double its profit for the first quarter to 313.9 billion yen ($3.2 billion) as improved sales and cost cuts worked with the weak yen helping ...
Toyota Expects Sales and Profit Reach Highest Level in Six Years
Toyota expects sales and profit to reach the highest level in the past six years, thanks to the weakening yen which gives advantage over GM and VW. The world’s biggest automaker ...
Toyota Keeps Its Low-Risk Growth Strategy Despite Increased Profit
Although Toyota reached its mid-term profit target for the financial year ended March, the automaker will not give up its low-risk growth strategy. Toyota reported 1.32 trillion yen ($13.32 billion) in ...
GM’s Loss in Europe Reduced for First Quarter
During the first quarter GM managed to reduce it loss in Europe and report profit in North America. GM’s stock increased 3.3% to $31.16, the automaker’s highest closing price since July ...

latest automotive news
George Michael Fell Out of His Car While Speeding on the M1 Motorway
According to witnesses, George Michael fell from his speeding vehicle on the M1 motorway carriageway. The accident took place last Thursday, ...
Marchionne Apologized to All Italian-Americans for Using the Term “Wop”
Fiat and Chrysler CEO Sergio Marchionne apologized to Italian-Americans after the used the word ‘wop’ at a press conference in ...
Wanxiang and VL Auto Want to Buy Fisker
VL Automotive, led by former GM executive Bob Lutz, and Wanxiang Group plan to buy Fisker, according to anonymous sources. China's ...
Two Denso Executives Plead Guilty for Conspiring on Fix Prices for Auto Parts
Two Denso executives pleaded guilty for conspiring to fix prices of electronic auto parts offered to Toyota. The two executives, Yuji ...
GM Invests $44.5M for New Logistics Center at Lansing Grand River Plant
GM plans to make an investment of$44.5 million to open a new logistics center at the Lansing Grand River facility, ...
French Auto Orders Down 0.5% in April
A recent survey shows that French auto orders have dropped 0.5% in April, a sign of the auto market stabilization. The ...
Ford to Launch 15 New Vehicles in Europe in Five Years With UK-Built Engines
Ford plans to launch more than 15 new vehicles in the European market in the following five years, most of ...
Fiat Industrial to Move Tax Residence From Italy to the UK after Merger With CNH
Fiat Industrial plans to move its tax residence from Italy to the UK after the merger with CNH. In 2012 Fiat ...
AutoZone Third Quarter Profit Up 6.8%
US largest auto parts retailer AutoZone reported a quarterly profit increase of 6.8%, surpassing analysts’ estimates. As an increased number of ...
Vettel urges F1 to rethink tyre ‘recipe’
May 21 (GMM/Inautonews.com) World champion Sebastian Vettel has called on Pirelli to consider a fundamentally different approach to its ...
Whitmarsh denies Honda factor in Lowe release
May 21 (GMM/Inautonews.com) McLaren on Tuesday played down reports linking its new Honda engine deal with Paddy Lowe's early ...
Infiniti to Create Luxury Rival for the Nissan Leaf
The fact that Infiniti has created an EV based on the Nissan Leaf technology, means that more automakers will adopt ...
Ferrari 458 Scuderia might be unveiled in Frankfurt
The Italian based automaker Ferrari is planning to introduce the Scuderia version of the 458 this autumn, during the 2013 ...
Renault Captur was launched in Romania
Renault has recently announced the launch of the new Captur in Romania, where the model will be available to its ...
Ferrari 360 Spider hits car, catches fire
A Ferrari 360 Spider has recently caught fire after hitting another vehicle in Akron. We have always said here on inautonews.com ...
Ford: More than 3,000 orders received for the new Fiesta ST
The North American based automaker Ford has recently announced that more than 3,000 orders have been received for the brand ...
Renault Megane RS Red Bull Racing RB8 Limited Edition unveiled
Renault is known for applying F1 technology on its road cars and the latest example of paying tribute to its ...
Automakers Support US-EU Free-Trade Deal
Automakers support the free-trade deal between the EU and the US, as they want auto safety regulations to be the ...