Post Tagged with: "profit margins"

Read By

Porsche Pajun gets green light

Porsche Pajun gets green light

Porsche is determined to approve the Pajun project after more than a year of research and debate, company insiders told Autocar. The Pajun, a sub-Panamera model, would rival the BMW 5-Series and Mercedes-Benz E-Class. If the Pajun gets board approval, it will arrive on the market no sooner than in […]

Ford’s Profit Drops as Customers Turn to Small Cars

Ford’s Profit Drops as Customers Turn to Small Cars

Ford announced its record profit margins are dropping in North America as customers turn from trucks to small cars. “We continue to see consumers trading down to smaller vehicles,” Mark Fields, Ford’s president of the Americas, said yesterday at the Barclays Capital 2012 Global Automotive Conference in New York. “Less […]

Daimler to miss its 2012 profit forecast by €1 billion

Daimler to miss its 2012 profit forecast by €1 billion

Daimler warned on Wednesday that it would miss its profit forecast in 2012 by about 1 billion euros and would not be able to improve profit margins next year as expected. The carmaker blamed “significantly more difficult market conditions”. In a statement that appeared to have been released prematurely, Daimler […]

Adsense Intre
GM looking to cut white-collar jobs in North America

GM looking to cut white-collar jobs in North America

General Motors has reportedly hired a management consultant firm to identify areas to cut an undetermined number of white-collar jobs. According to two people familiar with the matter quoted by Bloomberg, Miami-based Hackett Group will help identify opportunities for job cuts and efficiency improvements at GM headquarters and elsewhere in […]

Ford F Series tops list of most profitable cars

Ford F Series tops list of most profitable cars

Ford’s F Series pick-up truck is the world’s most profitable model of modern times, according to Bernstein Research in London. Analyst Max Warburton and his team came up with a list of the top global vehicles in terms of profit since 1990. According to Warburton, in order to be on […]