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Nissan Reports Profits Down on Third-Quarter


Nissan report third-quarter profits down, due to weak demand in Europe, the US and China. During the October-December period net profit decreased to 54.1 billion yen ($583 million), a fall of 35% compared with the same period last year. Sales during the third-quarter fell 5.3% to 2.2 trillion yen and 31.3% in China, Nissan’s biggest market. Still, the automaker kept its ...
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Tesla reportedly needing more loans to survive in 2013
Tesla Motors will be in a very difficult situation next year without loans from the U.S. Department of Energy, MarketWatch reports. Without the hundreds of millions of dollars received by Tesla ...
Ford Reports $1.6-Billion Profit for the Third-Quarter
Ford reported $1.6-billion profit for the third-quarter, less than in 2011, but an amazing 12% profit margin in North America, making up for the loss in Europe. "This is the third ...
Renault lowers 2012 deliveries target because of low sales
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Auto sales: 1.2 million Chevrolets Sold in Third Quarter of 2011
Chevrolet, also known as Chevy has sold 1.2 million vehicles globally in the third quarter, the best July-to-September results in the brand’s 100-year history. The automaker said its total sales this ...

latest automotive news
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