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fourth quarter

10 May 2007 posted in Car Buying 7 views
Are cars getting cheaper or are we getting paid more? The first quarter of 2007 wasn't exactly a banner period for car sales, and the average price of a new car went down $550 vs. the fourth quarter of 2006, so says a study performed by Comerica Bank. Th ...
Tags: cars, gas prices, incentives, new car, span, new vehicles, car sales, automotive news, first quarter, fourth quarter, pickup trucks, median family income, housing market, q1, chief economist, comerica bank, dana johnson, comerica
19 September 2006 posted in Earnings/Financials 4 views
Chrysler cutting output by 135,000 units Chrysler is striving hard to be profitable in the fourth quarter, especially after it announced last week that its Q3 performance would be in the red to the tune of $1.5 billion. To that end, Chrysler ...
Tags: models, chrysler, press release, reuters, fourth quarter, q3, information source
2 August 2006 posted in Earnings/Financials 7 views
GM adds a couple hundred mil to Q2 losses; GMAC sale may not come until '07 Despite the fact that Wall Street is giddy about General Motor's performance in the second quarter of 2006, the automaker still lost $3.2B due mostly to write-downs associated with employee buyouts. O ...
Tags: gm, automaker, reuters, wall street, losses, gmac, fourth quarter, calendar year, second quarter, exchange commission, q2, 4b, discrepancy, couple hundred, employee buyouts, 2b, industrial loan companies, federal deposit insurance, federal deposit insurance company, taxable value
12 July 2006 posted in Earnings/Financials 10 views
Delphi lost $2.4 billion in 2005 We know, June is a little late to be releasing your annual report for the prior year, but Delphi was forced to wait until discussions with GM and its own unions concerning wage and benefit reductions ...
Tags: job, gm, federal government, delphi, detroit free press, ceo, losses, fourth quarter, attrition, early retirement, raw materials, unions, bankruptcy, buyouts, steve miller, government source, gm workers, benefit reductions, annual report
16 June 2006 posted in Car Buying 9 views
Bentley gets some Seoul, enters Korean market Recognizing the ever-increasing accumulation of wealth in South Korea, Bentley Motors has decided to enter the Korean market and hock its wares next to such nameplates as GM Daewoo and Kia. Charmzone, ...
Tags: gm, kia, bentley, bentley continental gt, bentley continental, daewoo, nameplates, fourth quarter, wares, gm daewoo, seoul, south korea, bentley motors, korean market, hock, east asian country, charmzone, accumulation
29 May 2006 posted in Earnings/Financials 7 views
Ford's Super Duties delayed until calendar 2007 Those waiting to do a spot of stump-pulling with Ford's revamped 2007 Super Duty pickups will have to hold their horses a little longer. The fortified F-Series trucks won't hit dealers until January, ...
Tags: ford, gmc, horses, chevrolet, diesels, big boys, detroit free press, general motors, gmc sierra, fourth quarter, series trucks, variants, chevrolet silverado, earnings, calendar 2007, holdup, quality measures
10 February 2006 posted in Trends 11 views
Volkswagen may cut 20,000 jobs A day after Renault's much-anticipated new strategy turned out to be little more than "build it, and they will come," Volkswagen announced a stunning restructuring plan for its VW brand that ...
Tags: volkswagen, cars, renault, ceo, china, new strategy, losses, restructuring, fourth quarter, assembly plants, financial performance, bernd pischetsrieder, stock price, vehicle assembly, productivity gains, component production, personnel expenses, key objectives, global operations, reorganisation
31 January 2006 posted in Trends 8 views
Holy $#!& - Exxon Mobil posts largest corporate profit in history Exxon Mobil announced today that it posted a profit of $10.7B in the fourth quarter (that's about $1100/minute second, for fans of such breakdowns) on revenue of about $100B. Compare this to the numbe ...
Tags: money, amp, flames, breakdowns, fourth quarter, politician, replacements, auto manufacturers, oil companies, exxon mobil, exxon, petroleum, profit announcement, windfall taxes, collective breath, corporate profit, earmarks, 7b
30 January 2006 posted in Trends 11 views
Fiat comeback continues Fiat Auto is reporting an operating profit for the fourth quarter of 2005 more than two and a half times analysts' forecasts. The company posted a loss in the previous year's fourth quarter.Propelled ...
Tags: previous year, italy, strong sales, fiat, fourth quarter, fiat auto, italian automaker, operating profit, new bond, half times, bond issue
26 January 2006 posted in Trends 9 views
GM posts quarterly loss of $4.8B GM reported its results from the fourth quarter of 2005, and things are not pretty. Including one-time charges, the company lost $4.8 billion ($8.45/share) on revenue of $51.2B. The one-time charges i ...
Tags: gm, delphi, losses, restructuring, fourth quarter, uaw, health care, delphi bankruptcy, time charges, quarterly loss, 8b, 6b, 3b
23 January 2006 posted in Trends 6 views
Ford reports earnings for 2005 Ford Motor Company has just released its earnings statement for the year of 2005, and it’s a mixed bag of good and bad news. The good news is that 2005 was Ford’s third consecutive year of ...
Tags: premier auto, auto group, aston martin, ford motor, luxury brands, ford motor company, 100 million, bill ford, bad news, quot, fourth quarter, net income, market share, s market, premier automotive group, asia pacific region, third consecutive year, ford reports, smart investment, dealer inventory
8 December 2005 posted in SUVs 4 views
Ford Edge CUV to debut in January Ford Motor released this design rendering of the 2007 Ford Edge today in the run-up to the 2006 North American International Auto Show in January. The resemblance to the Ford Fusion is striking, and f ...
Tags: mid size, liter, crossover, new ford, ford, automatic transmission, ford motor, personality, international auto show, north american international auto, american international auto show, north american international auto show, resemblance, ford fusion, fourth quarter, horbury, executive director, ford edge, ford edge cuv, fusion design
1 December 2005 posted in Trends 11 views
Update: November sales, first quarter forecasts Reuters reports that General Motors, Ford and DamilerChrysler's Chrysler Group sales were all down year-over-year in November: GM 11 percent, Ford 18 percent, and Chrysler Group 7 percent. Full-size S ...
Tags: gm, porsche, chrysler, automaker, general motors, maserati, chrysler group, fourth quarter, market share, porsche sales, mercedes sales, group sales, interesting news, time record, reuters reports, asian brands, disaster area, damilerchrysler, bmw sales, q1
15 November 2005 posted in Sports/GTs 9 views
Audi R8 - from the track to the street! Well, sort of. Audi announced Tuesday that the production version of the stunning Le Mans quattro concept car (pictured) will be called the Audi R8, after the all-conquering Le Mans prototype racecar. ...
Tags: prototype, subsidiary, aluminum, concept car, fourth quarter, audi r8, factory houses, market availability, quattro gmbh, lightweight design
7 November 2005 posted in Trends 6 views
PAG won't turn profit… again It's being reported by AutoWeek via Automotive News that Ford's Premier Automotive Group, which includes Volvo, Jaguar, Aston Martin and Land Rover, will not turn a profit for the second year in a row ...
Tags: jaguar, ford, autoweek, volvo, aston martin, previous year, land rover, luxury brands, three quarters, marketplace, losses, automotive news, fourth quarter, two thirds, pretax profit, premier automotive group, lack luster, ascent
26 October 2005 posted in Economy 14 views
Ford Fiesta debuted by CEO in India Hoping to further tap into the burgeoning Indian auto market, Ford's own CEO, Bill Ford, was on hand in Delhi to introduce the all-new Ford Fiesta sedan. This is Ford's fifth new product in six years ...
Tags: ford, ceo, india, common rail, six years, bill ford, assertion, fourth quarter, duratec, air conditioner, auto market, indian auto, new ford fiesta, indian monsoon, injection diesel
30 July 2005 posted in Economy 10 views
Suzuki Aerio SX wagon may get the ax in '06 We saw this coming when news broke of Suzuki's future plan to add a new sport wagon to its lineup in 2006. The company's description of the new sport wagon was very close to that of the Aerio SX wagon ...
Tags: suzuki, new sport, debut, suzuki aerio, aerio, sport wagon, fourth quarter, motorcycles, wishful thinking, suzuki aerio sx
19 July 2005 posted in Gadgets 24 views
OnStar to add backup battery OnStar has announced that it will add a backup battery to its systems. Non-rechargeable lithum technology from Ultralife will be used. Ultralife currently derives most of its sales from the military, ...
Tags: cells, onstar, better chance, fourth quarter, safety feature, enhancement, dead battery, nasty crash, uncommon occurrence, manufacturer states, backup battery, improved system, shipping product, smoke detectors, shelf life
14 June 2005 posted in Car Buying 7 views
2006 Corvette Z06 pricing announced Pricing has finally been announced for the 2006 Corvette Z06. The fastest production Vette ever will start at $65,800 including destination and freight charges. That makes it arguably the best perform ...
Tags: chassis, gm, carbon fiber, vette, top speed, 7 seconds, goodies, road tests, best performance, freight charges, drivetrain, 2006 corvette z06, performance upgrades, fourth quarter, ls7, braking system, world class performance, marketplace success, zr1, prestige
28 April 2005 posted in Car Buying 6 views
Honda profits up, but warns on future Honda's super-happy fourth quarter news was quickly killed with a first half warning. The Japanese auto maker reported net income up 26.9% and revenue up 9.5% in the forth quarter. But Honda pred ...
Tags: europe, honda, north america, profits, china, fourth quarter, net income, currency exchange rates, global economic growth, japanese auto, auto maker, oil prices