Linda Young – AHN News Writer Frankfurt, Germany (AHN) – Volkswagen AG saw its profits more than double to $21.2 billion last year compared to $9.7 billion the year before, the company reported Friday. In addition, the automaker’s operating profit soared by 58 percent to $15.1 billion, while its revenue rose by 26 percent to [...]
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Volkswagen announces its annual profits doubled
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Comments OffChrysler posts $225 million profit
admin Diane Alter – AHN News Reporter Detriot, MI, United States (AHN) – Chrysler reported a $225 million profit on Wednesday. The company capped its first profitable year since its government bailout and bankruptcy in 2009. The fourth quarter results were fueled by $15.1 billion in revenue, a 41 percent increase from the same period a [...]
Posted in Car Check Tags: automaker, bailout, Chrysler, chrysler jeep, Diane, dramatic turnaround, fourth quarter, Government, income, loss, million vehicles, move, Net income, news, news reporter, percent, quarter results, View, way, Wednesday, worldwide sales, year Comments OffELECTRIC EXOTICS? DeLorean Joins Fisker & Tesla as Scandals Continue to Emerge.
admin Images of raw speed, power, and Michael Schumacher hardly come to mind when one thinks of electric cars. The market for GREEN automobiles will surely continue to reside within the Silicon Valley community, while petrol-heads & purists will continue to shake their heads in disappointment. Let’s face it, there aren’t many Toyota Prius posters hanging [...]
Posted in Best Exotic Cars Tags: Aston, battery, car, cash buyer, college, Continue, date, Emerge, exquisite interior, Fisker, grade science classes, images, lotus elise, maserati granturismo, michael schumacher, Money, Petrol-heads, Prius, raw speed, sexy car, silicon valley community, toyota prius, year Comments OffGM earnings soar 92 percent on global sales
admin Linda Young – AHN News Writer Detroit, MI, United States (AHN) – General Motors saw its second quarter earnings surge by 92 percent compared to the same period a year earlier. It earned $2.5 billion compared to the $1.3 billion GM earned a year earlier. The nation’s No. 1 automaker had revenue of $39.4 billion, [...]
Posted in Car Check Tags: 1 automaker, AHN, automaker, bailout, fortune 500, General, general motors, global sales, Linda, linda young, million vehicles, Money, news, news writer, percent, revenue, s sales, second quarter earnings, share, time, View, worldwide, year Comments OffDetails for 2012 Mercedes Benz CLS got released
admin The Mercedes automaker has finally unveiled all details of fresh model CLS which is going to be available in local showrooms this month. The all new model is going to launch CLS 350 CDI and also the almighty AMG CLS 63. At the end of the year we are going… View full post on All [...]
Chrysler repays bail-out loans after strong sales, turnaround
admin Matthew Borghese – AHN News Contributor Detroit, MI, United States (AHN) – Chrysler Group LLC has repaid the American and Canadian loans it received after filing for Chapter 11 bankruptcy in April 2009. After being purchased by Italian carmaker Fiat and turning around lagging sales, on Tuesday Chrysler repaid $1.7 billion to Canada and $5.9 [...]
Posted in Best Autos Tags: american auto industry, american taxpayers, Bush, canadian loans, Chapter, chapter 11 bankruptcy, chrysler group, communities and families, countless communities, former, group, Industry, Investment, italian carmaker, milestone, news, percent, president, president george w bush, progress, risky investment, u s treasury, year Comments OffChrysler will turn a profit this year, board member James Blanchard predicts
admin 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
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 OffVolkswagen Group sees world auto sales increase by 13.9 percent
admin Linda Young – AHN News Writer Wolfsburg, Germany (AHN) – Germany’s largest automaker, the Volkswagen Group, on Friday reported it delivered 2.66 million vehicles worldwide from January through April of this year. That marked an increase of 13.9 percent over the first four months of 2010. That meant VW outperformed the world vehicle market by [...]
Posted in Best Autos Tags: board, booming market, car, chinese manufacturer, christian klingler, economy business, group, group board, January, Linda, linda young, million vehicles, news, pacific regions, percent, result, Sales, vehicle, volkswagen, volkswagen ag, volkswagen group, world auto, year Comments OffHonda Civic – The Illustrious History
admin Honda went on from being a popular manufacturer of motorcycles to one of the best car brands in the world. Honda became a popular name in car manufacturing after the launch of the Honda Civic in 1973. The Civic offered amazing space efficiency in a small vehicle that provided good mileage and speed. The car [...]
Posted in Auto Credit Tags: car, car brands, Change, combustion chamber, cvcc, dynamic change, good mileage, Hatchback, history, honda civic, illustrious history, launch, length, manufacturing, name, passenger space, popular cars, space, space efficiency, vehicle, wheel, world honda, year Comments OffAnalysts mixed on Chrysler outlook
admin On Monday, when it reports first-quarter financial results, Chrysler CEO Sergio Marchionne will reveal how much more the Auburn Hills automaker must improve to meet its goal of being profitable this year. View full post on All Stories
Posted in Best Autos Tags: auburn hills, automaker, CEO, Chrysler, goal, Monday, outlook, post, sergio marchionne, Stories, View, year Comments Off
