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Browse Third Quarter articles

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 income. General Motors managed yesterday to report higher-than-expected profit, with GM Chief Financial Officer Chuck Stevens saying that “high transaction prices - the new trucks and SUVs are more profitable than ...
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More Third Quarter articles

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, ...
Hyundai’s third-quarter profit slumps 29%
The largest South Korean automaker reported – just as analysts suspected – a record decline in its third-quarter net profit, with the 29% fall the biggest in more than six ...
GM and Ford expected to report positive third-quarter earnings
This is financial week for the largest and second-biggest US automakers, with General Motors due Thursday and Ford the next day. FCA’s Chrysler is scheduled later on, for November 5. Industry ...
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 ...
GM’s third quarter sales climb 2%
Driven by strong customer demand in China and the United States, the world’s two biggest markets, General Motors posted a positive result during the third quarter. Worldwide sales of the largest ...
Mercedes posts record September and quarterly sales
Mercedes-Benz saw last month’s sales the best in the company’s 88-year history, reaching 162,746 units and a third quarter rise of 11.9%. The all-time record of 162,746 vehicles was due to ...
Toyota raises full year profit forecast after good third quarter
As we previously reported, now that official figures are out, Toyota sets to raise its full-year profit forecast by 13 percent as the weaker yen boosted earnings from Prius and ...
Fiat slices profit forecast for 2013
Fiat SpA said it would trim down its 2013 profit and sales forecasts as a third-quarter drop in Latin America managed to offset the strong performance at its US Chrysler ...
Goodyear announces third quarter earnings
Goodyear Tire & Rubber Co. says its third-quarter profit rose 51% on strong performances in Latin America and North America. The Akron-based tire maker said Tuesday that it earned $166 million, ...

latest automotive news
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