earnings

Good news has been in abundant supply for the domestic automakers the last twelve months, and nowhere is that more evident than in the headline to this press release: "Chrysler Group Reports Full Year 2011 Net Income of $183 Million." Now, $183 million isn't exactly a king's ransom in the auto ...

Last year was a good one for Harley-Davidson. According to Asphalt and Rubber, the American bike manufacturer saw its sales increase by 5.9 percent globally compared to 2010. Sales in the U.S., meanwhile, were up 5.8 percent. All told, Harley-Davidson managed to move 235,188 units last year, with ...

Chrysler earned a net income of $212 million during the third quarter of 2011. That figure marks a significant improvement over the same period last year, when the company posted a net loss of $84 million. Chrysler notes that its modified operating profit more than doubled compared to the third ...

There's no question that buying a Ferrari is an expensive proposition. But so is owning one. The cost of insurance, fuel, tires and maintenance can be crushing, but it now becomes much easier, as Ferrari announces a free seven-year maintenance program for newly purchased vehicles. The program is ...

Toyota has announced that the company's net income for the fiscal year ending in March may decrease by as much as 31 percent compared to one year earlier. According to Automotive News, the Japanese automaker expects to earn around 280 billion yen, which is about $3.5 billion at current conversion ...

Toyota has announced profits of $314 million for the first three months of 2011, down 77 percent versus the automaker's fiscal fourth quarter a year earlier. Toyota still managed a profit in spite of the March 11 earthquake that shuttered most Japanese plants, yet the $314 million is only a ...

Most automakers have already reported earnings for the first quarter of 2011, but General Motors is still busy counting its loot. We don't know how well the largest automaker in the United States fared, but Bloomberg reports that GM could post a profit of $1.74 billion for the quarter. That would ...

Chrysler has announced a profit of $116 million for the first quarter of 2011, the company's first profit since exiting bankruptcy. This came from $13.1 billion in revenue, which represents a 35 percent increase compared to Q1 2010. Profit from operations was up, as well, as Chrysler managed to ...

Automaker earnings have been mostly impressive so far, and Kia is no different. Reuters reports that the Korean automaker has posted earnings of $890 million for the first quarter of 2011, up 91 percent compared to the $466 million profit from Q1 2010. Overall revenue for the quarter was $10 ...

Automotive News reports that Saab lost $107 million during the first quarter of 2011. The automaker says that it is unlikely to meet its 2011 production target of 80,000 units, which is hardly news when considering that the automaker can't even make vehicles right now. The automaker sold only ...