Category Archives: financial results

Record Number of Auto Buyers Underwater on Trade-Ins

A growing number of auto shoppers have negative equity – underwater in industry terms – on their trade-ins when they’re purchasing their next vehicle. Per Edmunds data, an estimated 32% of all trade-ins toward the purchase of a new vehicle through Q3 of 2016 were underwater. Continue reading

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Strong Yen Hurts Toyota Motor Profits as Sales Rise

Nevertheless, TMC’s Board of Directors agreed to pay 100 yen per share as the interim dividend on common shares, and have also resolved to buy back up to 200 billion yen, or 40 million shares, of the company’s common stock. Continue reading

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Nissan First Half Results Down Due to Strong Yen

Nissan Motor Co. today announced financial results for the six-month period to 30 September 30 2016 that showed decreased revenue and operating profit because of the strong Yen. Continue reading

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Diesel Emission Fraud Charges Hit Volkswagen Group Profits

Gentlefolks Chief Financial Officer Frank Witter said, “The impact of the diesel issue, in particular, required a systematic, disciplined approach to investments and costs. But further significant improvements in productivity and profitability are needed across the whole Group.” Continue reading

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Penske Automotive Reports Record Q3 Results

Our business continued to perform well in the third quarter, producing another quarter of record results despite the translation effects from foreign currency headwinds,” said Penske Automotive Group Chairman Roger S. Penske. Continue reading

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General Motors Sets Q3 Net Earnings Record of $42.8 Billion

General Motors Co. (NYSE: GM) today announced record third-quarter earnings and revenue because of profitable U.S. retail sales and strong sales in China. Continue reading

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Ahead of Q3 Earnings GM Declares 38-Cent Dividend

GM reports Q3 results tomorrow. The stock, like that of Ford Motor, continues to languish in the $37 range. Analysts are concerned about GM’s almost complete reliance on the sales of trucks and SUVs in North America to make money. Continue reading

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September Used Vehicle Market Sees Prices Falling

The September U.S. used vehicle market saw depreciation climb and prices drop 3.6%, making the month’s performance the largest decline recorded in 2016 thus far. Continue reading

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September Used Vehicle Market Sees Prices Falling

The September U.S. used vehicle market saw depreciation climb and prices drop -3.6%, making the month’s performance the largest decline recorded in 2016. Continue reading

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Ford Motor Declares Q4 15-Cent Dividend

Ford set record earnings during 2015 but its stock – trading in a 52-week range of $11.02 – $15.84 – continues to languish as investors remain wary of the company. Its recent performance and attacks from non-taxpaying Donald Trump, aka serial sexual assaulter of females, hasn’t hel Continue reading

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Trade Agreement Data at Odds with Political Rhetoric?

No wonder President Harry Truman was looking for a “one-handed economist.” So is AutoInformed, and we suspect millions upon millions of workers. Continue reading

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Tesla $293m Q2 Loss Far Exceeds Analyst Expectations

Production or rather lack thereof is a now a huge issue because Tesla is supposed to start filling orders during 2017 for the less expensive Model 3 sedan that will be priced around $35,000. Continue reading

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GM Q2 Record at $2.9 Billion with Net Income on $42.4B Revenue

The results came from China and North America with a little help from GM Financial. Continue reading

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Ford Motor Q3 Dividend $0.15

At ~$13-14 per share of common, Ford stock has been languishing for years. Now there’s an incentive war on pickup trucks. offering a cash incentive of $1,000 and 0% financing for 60 months. Continue reading

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BP Deepwater Horizon Liabilities – GULP – $61.6 Billion

BP said yesterday in London that progress in resolving outstanding claims arising from the 2010 Deepwater Horizon accident and oil spill, the largest in U.S. history would have a final cost of $61.6 billion. Continue reading

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