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third quarter

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    Official: GM profits down 14% in Q3

    General Motors reported its third-quarter earnings today, and while revenues were up in the three-month period, overall profits were down 14 percent compared to last year. GM's Q3 net revenue was $37.6 billion (almost $1 billion more than 2011), but its net income was $1.5 billion, down from $1.7 ...

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    Official: Chrysler posts $381 million Q3 net profit

    Chrysler reports that its vehicle sales jumped by 12 percent in the third quarter over the same period in 2011. That step up was enough to bump profits by 80 percent to $381 million on $15.5 billion of net revenue. Moving forward, the automaker expects to see fourth-quarter profit of $210 ...

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    Ford loses $5.8 billion in Q3

    Restating Ford Credit financial results from 2001Quarterly financial reports are always difficult to decipher, but the title of this post is crystal clear. Ford announced this morning that its third-quarter net loss was $5.8 billion. A lot of the loss can be contributed to the restructuring efforts ...

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    GM Global down only 3 percent in Q3 sales

    General Motors reported global sales of 2,296,000 vehicles in the third quarter, which is a 3-percent decline versus Q3 of last year. That's only 66,000 unit off what was sold during the same period in 2005, and the GM spinmeisters attribute the difference to the employee pricing war last year and ...


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