Fiat, Chrysler Parent Company, Reports 55% Drop in Profits

Fiat SpA, the parent company of Chrysler Group LLC, reported a 55 percent decline in second-quarter profits due to weak performances in Europe and Latin America, reported Michigan Live. The Italian automaker said its net profit from April through June was 197 million euros ($264 million), down from 435 million euros ($583 million) for the ... Read More »

Record North America Profit Boosts Ford Results

Ford Motor Co reported second-quarter operating earnings that beat expectations thanks to record profit in North America, boosting its shares more than 1 percent in early trading, reported Reuters. Pretax profit in North America of $2.44 billion and the company’s first profit in Europe in three years offset weaker-than-expected results in Asia Pacific and South ... Read More »

Ford Profit Driven Down By North America, Warranty Costs

Toyota Forecasts Profit Will Double to Highest in 5 Years

Ford Says Market Share May Slip

Volkswagen Reports Record 2011 Profit on SUV Sales

GM Squeezes After Bailout

Fiat Forecasts Profit Surge This Year on Strength of Chrysler Auto Demand

Profits Expected at Big 3

Nissan Raises Annual Forecast on Strong Sales in Asia