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- Mazda returns to profitability; N.A. remains in red
Mazda rebounded to its first annual net profit in five years, the company said today.
Переслать - Denso says quarterly profit drops 5.3%, annual results improve
Toyota affiliate Denso, the world's second-largest auto parts supplier, booked operating profit of 74.4 billion yen ($747.8 million) for the January-March quarter, down 5.Переслать - Honda quarterly profit rises 6.6% on strong U.S. sales, falling yen
Honda posted a 6.6 percent rise in quarterly net profit, helped by strong sales of its Accord and CR-V models the United States.Переслать - Kia Q1 profit tumbles 35% on reduced production, won
Kia posted a 35 percent drop in first-quarter profit after production at its main domestic factories fell and the won strengthened against the yen.Переслать - Hyundai apologizes for U.K. commercial that depicts suicide attempt
Hyundai apologized for a spot, created by the agency Innocean Europe for use in the United Kingdom, showing a suicide attempt failing because the vehicle, the ix35 crossover, did not produce any harmful emissions.Переслать - GM changes Akerson's pay mix, saying he may retire within 3 years
GM CEO Dan Akerson's compensation mix was changed in 2012 to accommodate the possibility he may retire before his long-term restricted stock vests in three years, the company said.Переслать - Mitsubishi forecasts record profit on favorable yen, rising U.S. sales
Mitsubishi today forecast its operating profits will jump 48 percent in the fiscal year that began April 1, lifted by a favorable yen exchange rate as well as an anticipated sales surge in the United States.Переслать - Detroit Electric, Geely to develop EVs, electric drivetrains for China
Geely Automobile Group and startup automaker Detroit Electric have agreed to develop electric vehicles and electric drivetrains for sale in China.Переслать - Fiat may have to pay UAW trust fund more for Chrysler shares, judge suggests
Fiat may have to pay more than its original offer of about $140 million for Chrysler Group shares being bought from the UAW's retiree health-care trust, a Delaware judge suggested in court today.Переслать - U.S. suppliers take Q1 hit from European downturn
Economic troubles in Europe cut into the first-quarter earnings of three major suppliers based in the United States that reported their financials today -- Lear, BorgWarner and Dana.Переслать
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