The former Michigan governor and U.S. congressman said he never thought the automaker would require a second federal rescue after he helped save it from extinction in 1979. View full post on All Stories
More in ‘profit’
Chrysler will turn a profit this year, board member James Blanchard predicts
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Posted in Best Autos
Tags: automaker, board, board member, Chrysler, congressman, extinction, governor, james blanchard, member, michigan governor, post, profit, rescue, Stories, View, year
Comments OffNissan Shares Rise After Fourth-Quarter Profit Beats Estimates
admin Nissan Motor Co., Japan’s second- biggest carmaker, rose the most in two months in Tokyo trading after posting fourth-quarter profit that beat analyst estimates, even after the nation’s record earthquake curtailed production. View full post on All Stories
Posted in Car Check
Tags: analyst, Beats, carmaker, co japan, earthquake, fourth, Motor, nation, nissan, nissan motor, nissan motor co, post, production, profit, quarter, quarter profit, Second, TOKYO
Comments OffAfter Quake, Toyota’s Profit Plummets 77%
admin The carmaker, whose operations have been severely disrupted since the earthquake and tsunami in Japan, said that it expects production to begin recovering sooner than forecast. View full post on All Stories
Posted in Car Check
Tags: carmaker, earthquake, forecast, Plummets, post, production, profit, quake, Stories, Toyota, tsunami, tsunami in japan, View
Comments OffDaimler AG earns up strongly in first quarter, Mercedes rolls on in China
admin FRANKFURT – Automaker Daimler AG says it nearly doubled net profit in the first quarter as its luxury Mercedes brand kept up its strong sales performance in China. Earnings reached €1.18 … View full post on All Stories
Posted in Best Autos
Tags: automaker, brand, China, Daimler, daimler ag, earnings, first quarter, FRANKFURT, Luxury, luxury mercedes, Mercedes, net profit, performance, post, profit, quarter, sales performance, Stories, strong sales, View
Comments OffVW Posts Record Profit on China Audi Demand
admin April 27 (Bloomberg) — Volkswagen AG, Europe’s biggest automaker, reported record operating profit in the first quarter as the Audi and VW brands attracted more Chinese … View full post on All Stories
Posted in Best Autos
Tags: April, Audi, automaker, Bloomberg, China, chinese view, demand, Europe, first quarter, operating, operating profit, post, profit, record, record profit, Stories, View, volkswagen, volkswagen ag
Comments OffFord Says $2.55 Billion First-Quarter Profit May Be Year’s Best
admin Ford Motor Co., the second-largest U.S. automaker, said it may not top its $2.55 billion first- quarter profit this year as costs increase. View full post on All Stories
China’s SAIC net profit more than doubles to US$2.1 billion
admin SHANGHAI–SAIC Motor, China’s largest automaker by sales, said net profit more than doubled in 2010 on robust sales growth but warned earnings would likely grow at a slower pace this … View full post on All Stories
Posted in Car Check
Tags: 1 billion, automaker, China, earnings, growth, largest automaker, more than doubles, Motor, net, net profit, pace, post, profit, profit more than doubles, robust sales growth, SAIC, shanghai, SHANGHAI--SAIC, slower pace, Stories, View
Comments OffToyota Said to Focus on Emerging Markets Growth in 10-Year Plan
admin Toyota Motor Corp., which traditionally gets a majority of its profit in the U.S., will outline a strategy for growth in emerging markets in a 10-year plan the Japanese automaker is set to release this week, two people familiar with the plan said. View full post on All Stories
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Tags: 'Emerging', Corp, emerging markets, Focus, japanese automaker, Majority, Motor, post, profit, Stories, strategy, Toyota, toyota motor, toyota motor corp, View, year
Comments OffDespite Posting Losses, Chrysler Says It Will End 2011 With a Profit
admin The carmaker lost $199 million in the fourth quarter and had a loss for 2010, but it pledged to return to profitability on the strength of new products. View full post on All Stories
CHINA: SAIC net up over 100%
admin China’s top automaker, and VW and GM partner, SAIC Motor has said its net profit for 2010 rose more than 100% on strong car sales. View full post on All Stories


