15 Articles
Honda posts strong first quarter, sees higher annual profit

Still struggling in North America, but China is about to become Honda's biggest market.

Still struggling in North America, but China is about to become Honda's biggest market.

Ford gets earnings boost, may drop Taurus and C-Max

Ford is considering killing off the Taurus and C-Max, sources say.

GM profit beats Wall Street estimates, maintains 2017 outlook

The quarterly profit beat expectations despite falling revenue.

Ford profit down in 'toughest quarter' but beats estimates

Company expects profit of $9 billion in 2017.

Ford reports best quarterly profit ever of $2.7B

Ford posts record revenues of $38.1 billion for pre-tax income of $2.7 billion in the third quarter of 2015, making these the best quarterly results in its history.

GM nets $1.1B profit in second quarter

General Motors hauled in a dandy $1.1 billion in net income during its second quarter, on the back of $1.1 billion in "special items," the company revealed.

Cramer: Elon Musk made a mockery of latest Tesla earnings call

CNBC's Jim Cramer was not impressed with the earnings conference call Tesla hosted last week to explain its 2014 fourth-quarter and annual results, calling CEO Elon Musk's reasons for the company's performance "horrendous," "ridiculous," "a fiasco," and reminiscent of "the rambling John DeLorean."

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Why is Tesla getting more and more secretive?

An article in Seeking Alpha called "The Incredible Shrinking Tesla Disclosure" lays out the timelines and details to support one analyst's suspicion for why Tesla is removing hard numbers from its quarterly reports; namely, that Tesla doesn't want to show adverse developments in its business.

Ford Q3 pretax profits drop to $1.18B

Following positive third quarter financial results recently from General Motors, rival Ford took a tumble in Q3. The automaker posted pre-tax profits of $1.18 billion, compared to about $2.59 billion in Q3 2013, a drop of around 54 percent. Net income also suffered with $835 million made in the quarter, versus $1.272 b

Tesla trying to keep Model X demand low for now

When running a business, having to throttle the hype for a new product isn't such a terrible problem to have. That's exactly was Tesla is doing with its Model X SUV, which is slated to go on sale next year. During a quarterly earnings call (John Beltz Snyder

Ford posts record pre-tax Q3 profit of $2.6B

Ford took in $2.6 billion in pre-tax profits in the third quarter of the year, making for a record trio of months that saw the Blue Oval's year-over-year earnings increase by $426 million. The earnings are being attributed not just to improvements in North American sales, but sales around the globe.

Chrysler reports $212M third quarter earnings

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 quarter of last year. The automaker posted a modified operating profit of $483 million for Q3 2011 compared to $239 million in Q3 2010. Chrysler sites an in

Toyota hammered with $7.7B loss last quarter

Last quarter's financial news has been brutal for all that have reported, but the biggest blow has just come from one of the world's most successful automotive powerhouses. Toyota has posted a last-quarter loss of $7.7 billion; the worst loss of the company's 71-year history and worse than even GM's just-reported loss of $6 billion. Toyota now expects to lose $5.5 billion for the year ending March 2010, s

REPORT: Honda's $2.91 billion drop is first quarterly loss in 15 years

An operating loss of ¥283.0 billion ($2.91 billion at current exchange rates) for the period ending March 31 represents Honda Motor Company's first quarterly loss in 15 years. To put that into proper perspective, that was when Honda was plying the 1994 model year Accord wagon shown above.

Toyota posts higher than expected quarterly profits

Toyota has just released its earnings report for the quarter spanning April through June and the Japanese automaker has posted an operating profit of $4.45 billion. Toyota's profits even beat the optimistic projections of most analysts. Its North American outfit accounted for a little over $1.2 billion of the company's quarterly profit.