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Browse Third Quarter articles

Tesla announces third-quarter loss but the stock rises on future promises


The California-based electric car company had an adjusted profit of 2 cents per share, but the company still posted a $75 million net loss and decided to trim down its full-year sales outlook to 33,000 units. During the three-months period, the youngest publicly held US automaker had its best-ever quarterly sales - 7,785 Model S units. And, according to CEO Elon ...
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Chrysler reports third-quarter profit on the rise
Fiat Chrysler Automobiles has reasons to be proud of its American unit Chrysler Group LLC, which announced its third-quarter net income jumped 32% to $611 million and decided to stick ...
Audi’s third quarter profit slips due to increased investments
Audi, one of the key drivers of profit for the German automaker Volkswagen AG, failed to impress during the third-quarter, as profitability took a hit because of increased investment spending. The ...
BMW’s third-quarter sales increase lags Audi and Mercedes-Benz
BMW AG, the world’s largest producer of luxury vehicles managed to beat analyst estimates when it reported third-quarter profit, buoyed by increased demand for the recently redesigned full-size X5 SUV. On ...
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 ...
Renault boosts third-quarter revenue through rising prices
The French automaker has said that its third-quarter revenue was up 6.7%, buoyed by price increases that managed to compensate weaknesses in certain regions. Renault’s quarter revenue was up on the ...
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 ...
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 ...

latest automotive news
Caterham survival takes another step on Monday
Dec.21 (GMM/Inautonews.com) The future of ailing F1 team Caterham will be decided on Monday. The backmarker team as well as ...
2015 Ford Mondeo arrives in Romania – short test drive inside
Ford Romania has introduced the fifth generation of the Mondeo in Europe, over a 2-day event which has gotten us, ...
Ricciardo pace ‘a factor’ in Vettel exit – Horner
Dec.20 (GMM/Inautonews.com) Daniel Ricciardo's surprising pace was "probably a factor" in the decision taken by Sebastian Vettel to leave ...
Ecclestone determined to change 2016 engine rules
Dec.20 (GMM/Inautonews.com) Bernie Ecclestone has confirmed reports he remains determined to shake up F1's engine rules. We reported that, at ...
De la Rosa leaves Ferrari, Vergne signs up
Dec.20 (GMM/Inautonews.com) Ferrari has confirmed speculation Pedro de la Rosa is vacating his test-driver post. It was rumoured the 43-year-old ...
2016 CT6 Cadillac gets streaming rearview technology
The streaming video rearview technology will expand the driver’s vision in the upcoming 2016 CT6, eliminating any rear seat, rear ...
US: Ally gets out of 6 years bailout
Ally Financial Inc. stated that it would finally resolve its bailout after the U.S. government will sell the last $1.25 ...
Daimler puts aside €600 million for EU antitrust investigation
The Germany-based company, Daimler, stated on Thursday it is putting aside 600 million euros to cover any potential costs that ...
Renault-Nissan and AvtoVAZ merge into Russia’s biggest auto parts buyer
AvtoVAZ and the Renault-Nissan alliance will come together in terms of purchasing activities in Russia. The merged unit will now ...
Report – Volkswagen will meet its 2017 cost-cutting goal
Volkswagen CEO, Martin Winkerton, has said according to a source that the carmaker is on the right track to reach ...
GM’s bankrupt predecessor helps customers get the $10 billion compensation
General Motors customers gained a new friend in their run for the compensation worth $10 billion. The automaker’s bankrupt predecessor ...
F1 to have new engine rules in 2016 – report
Dec.19 (GMM/Inautonews.com) F1 is now speeding towards yet another new set of engine regulations. On Thursday at a Geneva meeting ...
GM and Jaguar Land Rover stopped deliveries to Russia
In response to the slide in the rouble’s value, automakers, General Motors and Jaguar Land Rover included, decided to stop ...
Uber wants to patent its gouging prices
While critics accuse Uber of price gouging over the high fees asked in Sydney for the people who were fleeing ...
Ford closes Genk Plant in Belgium
With a production of around 14 million cars over the past 50 years, Ford shut the doors of its plant ...
Price of U.S. gas reaches under $2.50 a gallon
U.S. drivers are paying less than 2.50 dollars a gallon at the gasoline pump for the first time in more ...
Toyota will invest $126M to expand powertrain operations
Toyota announced today that it will invest $126 million in the expansion of its powertrain operations in Ann Arbor and ...
Spyker declares bankruptcy
On Tuesday, Spyker, the Dutch sportscar maker which owned Saab, was declared bankrupt when not succeeding to secure a loan ...