Two of Europe's best-selling cars, the Renault Clio and Peugeot 208, go head-to-head at the Geneva motor show on Tuesday, as the auto market they dominate faces transformative pressures on its future profits and jobs.
Reuters. Tue, 05 Mar 2019 09:31:55 -0500.
Canada's Magna International Inc said on Friday profits beat market forecasts as a big spike in vehicle assembly work more than offset declining global auto production in the fourth quarter.
Reuters. Fri, 22 Feb 2019 10:47:40 -0500.
Daimler said its fourth-quarter operating profit fell 22 percent as trade wars and ballooning costs for developing electric and self-driving cars hit profits at Mercedes-Benz cars.
CNBC. Wed, 06 Feb 2019 07:18 GMT.
GM is adding 1,000 jobs to its plant in Flint, Michigan, to help with production of the new Silverado. Many of those jobs will be filled by GM employees working at some of the six plants the company is idling in North America.
CNBC. Tue, 05 Feb 2019 18:34 GMT.
A superseding indictment filed on Tuesday and obtained by DailyMail.com reveals new fraud and money laundering charges against Jacob and Isaiah Kingston as well as their mother Rachel.
Daily Mail. Fri, 25 Jan 2019 18:21:03 GMT.
The addition of an all-wheel-drive Prius and a hybrid Corolla reflect Toyota's search for niches and frontiers where it can generate incremental volume and higher profits from its core car models.
AutoNews.com. Wed, 28 Nov 2018 00:15:00 EST. Subscription may be required.
Volvo Cars is shredding production plans drawn up for much of its lineup in an effort to dodge tariffs the U.S. and China have slapped on auto imports. Only a few months after opening its first U.S. ...
Keith Naughton, Gabrielle Coppola. Los Angeles Times. Mon, 12 Nov 2018 13:00:00 PST.
German high-end carmaker BMW said Tuesday that new stricter emissions tests for cars as well as refits to older vehicles and global trade tensions would leave revenues and profits short of its full-year forecast. ...
Yahoo. Mon, 24 Sep 2018 20:05:51 -0400.
At dealer auctions, car dealers purchase a large percentage of the cars that they sell on their used-car lots. The profits they make on these automobiles are often far greater than their profits on new car sales.
The word profits is a noun. Profits means (1) the excess of revenues over outlays in a given period of time (including depreciation and other non-cash expenses), (2) something won (especially money).