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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
Hamilton signs with music PR agency
Jan.24 (GMM/Inautonews.com) World champion Lewis Hamilton has replaced one entertainment-based management agency with another, British newspapers the Daily Mail ...
Streiff apologises to Todt for Bianchi comments
Jan.24 (GMM/Inautonews.com) Philippe Streiff has apologised to FIA president Jean Todt. Todt, and the governing body's medical commission chief Gerard ...
Arrivabene backs Lauda for F1 ‘revolution’
Jan.24 (GMM/Inautonews.com) Ferrari has called for a rules "revolution" for formula one in 2017. Upset with the mild tone of ...
Is the auto industry ready for the aluminum revolution?
While the fact that a vehicle can have aluminum body has come to widespread attention ever since Ford announced that ...
Volvo’s executive reshuffle should be just the tip of its US revival
Sweden’s Volvo Cars has enjoyed a new lease of life since it was acquired back in 2010 by China’s Geely ...
GM sees profitability in Europe even if economy fails to revive
In Europe General Motors  will become again profitable even if the economy in the old content fails to revive as forecast, ...
BMW adds all-wheel-drive to its M models
BMW will be adding all-wheel-drive to some of its high-performance M models in competition with its German two rivals, Audi and ...
US: Used car prices lower due to increase in new car sales
The increased new cars sales have recently created a decline in the used cars prices. In 2013 sales of new ...
U.S. – Land Rover Discovery Sport configurator introduced
The online configurator of the recently unveiled Land Rover Discovery Sport has been introduced by the company recently in the ...
Next-gen Buick LaCrosse spied
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Hyundai’s biggest dividend so far is met with concern
Hyundai Motor CO announced its biggest yet dividend to calm down shareholders who were disturbed by the $10 billion property ...
Jaguar Land Rover adds Bike Sense to its cars
In the U.K, nearly 19,000 cyclists are annually involved in car accidents. And it’s a fact that bicycle deaths have ...
Hyundai ix20 facelift spied
Our spy photographers have managed to capture the facelifted version of the Hyundai ix20 on camera while it was being ...
US: States make investments to win automotive jobs
The state of Georgia reportedly came up with an investment package of $23 million, meaning nearly $25,000 for each of ...
Mercedes AMG GT Roadster rendered
The Mercedes AMG GT has been recently envisioned in a roadster body style and we have to admit that the ...
Former Audi executive becomes chief of MINI
BMW has named head of its MINI brand the former Audi executive, Sebastian Mackensen. The previously Audi exec was hired ...
Toyota RND Concept is a joke
The recently teased RND Concept by Toyota is nothing more than a simple joke pulled by the company’s UK division. It’s ...
Detroit-Hamtramck: GM invests $300 million in plant upgrade
General Motors Co has invested 300 million dollars to upgrade and automate its Detroit-Hamtramck plant for its new 2016 Cadillac ...