The Truth About Cars » FY 2014 http://www.thetruthaboutcars.com The Truth About Cars is dedicated to providing candid, unbiased automobile reviews and the latest in auto industry news. Tue, 03 May 2016 20:50:04 +0000 en-US hourly 1 http://wordpress.org/?v=4.2.4 Takata’s Shigehisa Takada Sees Dramatic Pay Cut For 2014 http://www.thetruthaboutcars.com/2015/06/takatas-shigehisa-takada-sees-dramatic-pay-cut-for-2014/ http://www.thetruthaboutcars.com/2015/06/takatas-shigehisa-takada-sees-dramatic-pay-cut-for-2014/#comments Fri, 26 Jun 2015 16:00:40 +0000 http://www.thetruthaboutcars.com/?p=1100577 While some Japanese CEOs are doing well for themselves in compensation, Takata’s Shigehisa Takada took a dramatic cut in pay for 2014. Shown Friday, the supplier’s regulatory filing found Takada took home less than ¥100 million ($810,373 USD) in 2014, Reuters notes. The figure pales to his compensation during FY 2013, when he was given […]

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While some Japanese CEOs are doing well for themselves in compensation, Takata’s Shigehisa Takada took a dramatic cut in pay for 2014. Shown Friday, the supplier’s regulatory filing found Takada took home less than ¥100 million ($810,373 USD) in 2014, Reuters notes. The figure pales to his compensation during FY 2013, when he was given […]

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Toyota’s FY 2014 Profits Rise As Yen Weakens http://www.thetruthaboutcars.com/2015/02/toyotas-fy-2014-profits-rise-yen-weakens/ http://www.thetruthaboutcars.com/2015/02/toyotas-fy-2014-profits-rise-yen-weakens/#comments Mon, 09 Feb 2015 12:00:11 +0000 http://www.thetruthaboutcars.com/?p=994818 Aside from holding onto its global sales crown for another year, Toyota is also doing well at the bank thanks to a weaker yen. The New York Times reports in Q3 2014, the automaker earned a net profit of ¥1.73 trillion ($14.7 billion USD), besting its earnings in Q3 2013 by 13.2 percent. In turn, […]

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Aside from holding onto its global sales crown for another year, Toyota is also doing well at the bank thanks to a weaker yen. The New York Times reports in Q3 2014, the automaker earned a net profit of ¥1.73 trillion ($14.7 billion USD), besting its earnings in Q3 2013 by 13.2 percent. In turn, […]

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Takata Issues Newer, Wider Annual Loss Forecast For FY 2014 http://www.thetruthaboutcars.com/2014/11/takata-issues-newer-wider-annual-loss-forecast-fy-2014/ http://www.thetruthaboutcars.com/2014/11/takata-issues-newer-wider-annual-loss-forecast-fy-2014/#comments Fri, 07 Nov 2014 13:00:16 +0000 http://www.thetruthaboutcars.com/?p=942449 The hits keep coming for Takata as its airbag debacle moves forward, this time with announcement that its annual loss forecast will grow wider than previously stated. Automotive News reports the new forecast calls for a loss of ¥25 billion ($218 million USD) during FY 2014, a ¥1 billion ($8.7 million) difference compared to the […]

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The hits keep coming for Takata as its airbag debacle moves forward, this time with announcement that its annual loss forecast will grow wider than previously stated. Automotive News reports the new forecast calls for a loss of ¥25 billion ($218 million USD) during FY 2014, a ¥1 billion ($8.7 million) difference compared to the […]

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BMW Looking To Increase US Production For Sales Record http://www.thetruthaboutcars.com/2014/03/bmw-looking-to-increase-us-production-for-sales-record/ http://www.thetruthaboutcars.com/2014/03/bmw-looking-to-increase-us-production-for-sales-record/#comments Thu, 20 Mar 2014 12:54:42 +0000 http://www.thetruthaboutcars.com/?p=776457 Chasing after a sales record and a 10 percent rise in pretax profit for 2014, BMW looks to increase output at the automaker’s Spartanburg, S.C. plant. Reuters reports the plant is undergoing the necessary work needed to increase annual production of the automaker’s X Series from 300,000 to 350,000, with BMW chief executive Norbert Reithofer […]

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Chasing after a sales record and a 10 percent rise in pretax profit for 2014, BMW looks to increase output at the automaker’s Spartanburg, S.C. plant. Reuters reports the plant is undergoing the necessary work needed to increase annual production of the automaker’s X Series from 300,000 to 350,000, with BMW chief executive Norbert Reithofer […]

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Tax Refunds, Easy Credit Boost Used Car Prices http://www.thetruthaboutcars.com/2014/03/tax-refunds-easy-credit-boost-used-car-prices/ http://www.thetruthaboutcars.com/2014/03/tax-refunds-easy-credit-boost-used-car-prices/#comments Mon, 10 Mar 2014 13:42:53 +0000 http://www.thetruthaboutcars.com/?p=768770 A combination of income tax refunds issued in January and February with accessible financing have boosted used-car prices overall in the first two months of 2014. Automotive News reports prices rose 1.1 percent year to date, and 0.8 percent over the past month, according to the Manheim Used Vehicle Value Index. Meanwhile, the IRS processed […]

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A combination of income tax refunds issued in January and February with accessible financing have boosted used-car prices overall in the first two months of 2014. Automotive News reports prices rose 1.1 percent year to date, and 0.8 percent over the past month, according to the Manheim Used Vehicle Value Index. Meanwhile, the IRS processed […]

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