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Browse profitability articles

Lotus CEO mulls return to profit


Just last week we told you the British exotic sports car maker has announced it would move to cut a serious part of its workforce in order to streamline its money-losing business. The situation is dire at the small manufacturer, which unlike bigger sport car producers has no multinational ownership to address its problems with cash infusions. While the maker has ...
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Mercedes fights BMW in the investor field
BMW, the world’s largest luxury automaker has long been the favorite of investors as well, but Mercedes-Benz latest strategy looks to threaten its rival in this business field as well. The ...
BMW executive says the automaker is shifting to profitability
In an interview with German magazine Automobilwoche, BMW’s Chief Executive Norbert Reithofer hints the automaker is ready to shift its policy from sales volumes to improving the pricing and earnings ...
Ghosn wants his alliance to catch up to biggest rivals
Carlos Ghosn, the chief executive of French-Japanese Renault-Nissan alliance intends to boost profitability and grow sales across all regions, allowing them to enter the top three global automakers. The automotive alliance ...
Fiat brand to still focus on Europe for profit
While Fiat Chrysler Automobiles ambitious five-year business plan presented two days ago called for most of its brands to go global, the Fiat namesake brand is a little more modest, ...
Peugeot Cuts by Half Its Lineup to reach 2% Margins by 2018
PSA Peugeot Citroen plans to return to profitability by cutting its model lineup by almost 50% and by turning the Citroen unit’s DS badge into a stand-alone brand. PSA Peugeot Citroen ...
PSA Peugeot Citroen Might Reduce Model Range to Return to Profitability
PSA Peugeot Citroen might see its model range reduce, part of the restructuring strategy aimed at returning the company to profit. The new chief executive officer of PSA Peugeot Citroen, Carlos ...
Daimler Buses To Boost Sales in 2013 and Return to Profitability
Daimler Buses aims at increasing sales and return to profitability this year. Daimler Buses is relying on its major product offensive and on its implementation of the GLOBE2013 efficiency and growth ...
Suppliers Expect Toyota to Reduce Price Cuts Due to Weak Yen
Toyota’s suppliers said the automaker might not ask them to cut prices as the weak yen will boost profit. Over the last two years the strong yen made Toyota impose some ...
Bosch Cuts Investments for 2013
Robert Bosch said that this year it will postpone investments as the crisis in Europe made the company miss its 2012 profitability target. According to Chief Executive Officer Volkmar Denner, Bosch’s ...

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