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Volkswagen AG sees record third-quarter profit increase


The German automaker, the largest auto company in Europe and the second biggest carmaker in the world has exceeded expectations when it comes to its financial results for the third-quarter. The company managed to secure a higher than expected operating profit during the July to September period, buoyed by European and Chinese demand for the premium and luxury Audi and Porsche ...
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Is Ferrari’s aura enough to support the brand when it becomes independent?
The Italian luxury supercar manufacturer is one of those iconic brands that transcend the particular industry where it activates. But for Ferrari, showing it can exist and flourish as a ...
Ferrari’s profit beaten by Maserati “brother”
The two luxury producers share an odd common financial history – they both belong to Fiat (now Fiat Chrysler Automobiles), but essentially in the management scheme Maserati is subordinated to ...
FCA sees profit growing 7% during the third-quarter
The recently merged Fiat Chrysler Automobiles is keeping the headlines these days – with its measures to expand capital, the decision to spin off its luxury sport car manufacturer Ferrari ...
Honda’s third-quarter profit dips, expects sales in 2014 to fall as well
Japan's third-largest automaker by revenue has reported its operating profit slid 4.1% to 164.4 billion yen ($1.52 billion) in the July-September period, below average analyst expectations polled by Reuters at ...
FCA’s bullish goals ride on North American prowess
Fiat Chrysler Automobiles has set up an ambitious five-year growth strategy that should bring increased sales and a spectacular profit jump. But the recently merged automaker could find itself pressured ...
Ford’s third-quarter profit grows slower
In line with the forecast showed during the last investor meeting, the second-largest US automaker reported its third quarter profit was lower than in 2013, with a 34% drop. Still, the ...
GM trying to move past recalls, posts high third-quarter profit
The No. 1 US automaker reported yesterday its financial situation following the July to September quarter, where growing demand for its North American models, especially pickups, has driven up the ...
Daimler third-quarter profit soars on Mercedes-Benz sales growth
Daimler AG, the parent company of the world’s third-biggest premium automaker – Mercedes-Benz – has reported rising profit for the July-September period, surpassing analysts' forecasts. A statement released by the Stuttgart, ...
PSA Peugeot Citroen reports surprisingly strong third-quarter earnings
The French company, the second largest automaker in Europe, has unveiled an unexpected third-quarter revenue growth, buoyed by continued increases in Europe and China that compensated Latin America and Russian ...

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