VW records profit despite slide | Top Industry News, Statistics, Research and Trends

Recommended Sources

Recommended Publications

About Auto Industry

Everyone has their eyes on the automotive industry lately. BNET Automotive gathers and supplies daily industry trends and news coverage with specific insights for managers and executives, focusing on the major auto companies and parts manufacturers. In addition to detailed auto company trends and profiles, we report on new alliances and partnerships, new models, mergers and acquisitions, labor management, auto unions, investments, and other key issues related to this sector of business.

Volkswagen, Europe’s biggest carmaker, succeeded in generating a second successive quarterly profit in spite of slumping demand in most of the......

Read the complete story at Financial Times

Web Buzz:

Norfolk Southern Q3 net falls

Reuters - 28 days 12 hours 24 minutes ago

CHICAGO (Reuters) - Norfolk Southern Corp (NSC.N), the No. 4 U.S. railroad, said on Tuesday that its earnings in the latest quarter fell nearly 42...
SAP shares hit by weaker forecast

BBC - 27 days 21 hours 44 minutes ago

Shares in SAP have dropped more than 7% after the German software giant surprised investors by cutting its full-year sales forecast. It estimated...
Breaking News: Daimler quarterly profit plunges 74%

Drive.com - 28 days 2 hours 51 minutes ago

German auto giant Daimler says its third quarter net profit plunged 74 per cent from a year earlier. German auto giant Daimler said on Tuesday that...
U.S. Steel posts loss, but beats Wall St forecast

Reuters - 28 days 20 hours 29 minutes ago

NEW YORK (Reuters) - U.S. Steel Corp (X.N) posted a third straight quarterly loss on Tuesday, but it was narrower than Wall Street expected as the...
Santander reports strong profit

BBC - 27 days 22 hours 43 minutes ago

Spanish banking giant Santander says profits at its UK banks during the first nine months of the year have risen by more than third. Santander owns...
VW sees tough year-end; Mazda ups FY target

Reuters - 26 days 22 hours 11 minutes ago

By Chang-Ran Kim and Christiaan Hetzner TOKYO/FRANKFURT (Reuters) - Europe's largest carmaker Volkswagen (VOWG.DE) said business remained tough...
Ford picks Geely for Volvo; Magna upbeat on Opel

Reuters - 27 days 19 hours ago

By Quentin Webb and Boris Groendahl LONDON/GRAZ, Austria (Reuters) - Ford Motor Co chose China's Geely as preferred bidder for Volvo Cars while...
Honda profit hit by falling sales

BBC - 28 days 21 hours 45 minutes ago

Honda's profits for the July to September period more than halved after car sales continued to fall during the global economic downturn. Net profit...
Wind turbine maker's profits soar

BBC - 28 days 16 hours 44 minutes ago

Vestas, the world's largest wind turbine maker, has reported a big jump in quarterly profits after increasing deliveries of turbines. Net profit...
Ireland's banks hit by regulatory fears

Financial Times - 27 days 13 hours 17 minutes ago

Irish banks dragged European bourses lower on Wednesday as concerns over increased regulation from the European Union continued to weigh on...
Breaking News: Renault revenue down 11.3%

Drive.com - 26 days 1 hour 56 minutes ago

Renault SA said on Thursday its revenue continued to fall in the third quarter despite government-sponsored incentives. Renault SA said on Thursday...
Renault to increase fourth-quarter production more than 50%

Auto News - 26 days 14 hours 16 minutes ago
Price pressures ground airline sector recovery hopes

Reuters - 26 days 20 hours 59 minutes ago

By Maria Sheahan FRANKFURT (Reuters) - Germany's Lufthansa (LHAG.DE) and the airline industry's representative body provided a gloomy outlook for...
Breaking News: Mitsubishi posts interim loss of $US400m

Drive.com - 26 days 13 hours 16 minutes ago

Mitsubishi Motors announced an interim loss of over $US400 million, warning that the global car industry remains in a severe situation. Japan's...