The Truth About Cars » q2 2013 http://www.thetruthaboutcars.com The Truth About Cars is dedicated to providing candid, unbiased automobile reviews and the latest in auto industry news. Sat, 30 Apr 2016 15:15:06 +0000 en-US hourly 1 http://wordpress.org/?v=4.2.4 Chrysler Profit For Q2 Up 16% to $507 Million, Full Year Forecast Reduced http://www.thetruthaboutcars.com/2013/07/chrysler-profit-for-q2-up-16-to-507-million-full-year-forecast-reduced/ http://www.thetruthaboutcars.com/2013/07/chrysler-profit-for-q2-up-16-to-507-million-full-year-forecast-reduced/#comments Wed, 31 Jul 2013 14:07:13 +0000 http://www.thetruthaboutcars.com/?p=497538 Chrysler Group reported net income of $507 million in the second quarter, with strong sales of SUVs and pickup trucks helping the car company make a profit for the eighth consecutive quarter. Earnings were up 16% from the same period a year earlier when $436 million was made. However, the company reduced its projected full […]

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Chrysler Group reported net income of $507 million in the second quarter, with strong sales of SUVs and pickup trucks helping the car company make a profit for the eighth consecutive quarter. Earnings were up 16% from the same period a year earlier when $436 million was made. However, the company reduced its projected full […]

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Fiat turns higher profit as spending cuts narrow European losses http://www.thetruthaboutcars.com/2013/07/fiat-turns-higher-profit-as-spending-cuts-narrow-european-losses/ http://www.thetruthaboutcars.com/2013/07/fiat-turns-higher-profit-as-spending-cuts-narrow-european-losses/#comments Wed, 31 Jul 2013 10:00:26 +0000 http://www.thetruthaboutcars.com/?p=497540 The Fiat Group reported its profits for the second quarter of 2013 and they were better than expected, attributed to strong pickup truck sales at Chrysler’s Ram brand and spending cuts in Europe.   Earnings before interest, taxes and one time items increased by 9% to 1.03 billion euros ($1.37 billion). Revenue was up 4% […]

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The Fiat Group reported its profits for the second quarter of 2013 and they were better than expected, attributed to strong pickup truck sales at Chrysler’s Ram brand and spending cuts in Europe.   Earnings before interest, taxes and one time items increased by 9% to 1.03 billion euros ($1.37 billion). Revenue was up 4% […]

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Despite Inventory Issues in Korea and U.S., Hyundai Reports Near Record Earnings As China Sales Surge http://www.thetruthaboutcars.com/2013/07/despite-inventory-issues-in-korea-and-u-s-hyundai-reports-near-record-earnings-as-china-sales-surge/ http://www.thetruthaboutcars.com/2013/07/despite-inventory-issues-in-korea-and-u-s-hyundai-reports-near-record-earnings-as-china-sales-surge/#comments Sat, 27 Jul 2013 12:49:37 +0000 http://www.thetruthaboutcars.com/?p=497115 Despite low inventory levels that affected sales in North America and their home market of Korea, Hyundai Motor Co. announced near record profits for the second quarter of 2013, powered by good results in China. Hyundai reported net profits of  2.52 trillion Korean won ($2.26 billion), down just slightly from last year but beating analysts […]

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Despite low inventory levels that affected sales in North America and their home market of Korea, Hyundai Motor Co. announced near record profits for the second quarter of 2013, powered by good results in China. Hyundai reported net profits of  2.52 trillion Korean won ($2.26 billion), down just slightly from last year but beating analysts […]

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Kia’s Q2 Profits Up To $1.06 Billion On Strong Chinese Performance, Sales Lukewarm Elsewhere http://www.thetruthaboutcars.com/2013/07/kias-q2-profits-up-to-1-06-billion-on-strong-chinese-performance-sales-lukewarm-elsewhere/ http://www.thetruthaboutcars.com/2013/07/kias-q2-profits-up-to-1-06-billion-on-strong-chinese-performance-sales-lukewarm-elsewhere/#comments Fri, 26 Jul 2013 14:57:41 +0000 http://www.thetruthaboutcars.com/?p=497118 Spurred by increased sales in China, Kia’s second quarter profits were up 7.7% from last year, to 1.18 trillion won ($1.06 billion), exceeding analysts expectations slightly. Revenue was up 4.4% to 13.1 trillion won ($1.168 billion). Sales in China, affected by the territorial island dispute between China and Japan, were up 22% driven by demand […]

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Spurred by increased sales in China, Kia’s second quarter profits were up 7.7% from last year, to 1.18 trillion won ($1.06 billion), exceeding analysts expectations slightly. Revenue was up 4.4% to 13.1 trillion won ($1.168 billion). Sales in China, affected by the territorial island dispute between China and Japan, were up 22% driven by demand […]

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GM Q2 Profits: $1.2 Billion, Down Due To New Pickup Launch Costs http://www.thetruthaboutcars.com/2013/07/gm-q2-profits-1-2-billion-down-due-to-new-pickup-launch-costs/ http://www.thetruthaboutcars.com/2013/07/gm-q2-profits-1-2-billion-down-due-to-new-pickup-launch-costs/#comments Thu, 25 Jul 2013 16:55:16 +0000 http://www.thetruthaboutcars.com/?p=497052 General Motors said that costs associated with the launch of their redesigned pickup trucks and weaker results in Asia (except for China) lowered net income for the second fiscal quarter of 2013 by 19% from last year, to $1.2 billion.   Overall revenue was up 4% to just over 39 billion dollars. Income before taxes, […]

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General Motors said that costs associated with the launch of their redesigned pickup trucks and weaker results in Asia (except for China) lowered net income for the second fiscal quarter of 2013 by 19% from last year, to $1.2 billion.   Overall revenue was up 4% to just over 39 billion dollars. Income before taxes, […]

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Nissan Profits Buoyed By Strong U.S. Sales, Weaker Yen http://www.thetruthaboutcars.com/2013/07/nissan-profits-buoyed-by-strong-u-s-sales-weaker-yen/ http://www.thetruthaboutcars.com/2013/07/nissan-profits-buoyed-by-strong-u-s-sales-weaker-yen/#comments Thu, 25 Jul 2013 16:35:47 +0000 http://www.thetruthaboutcars.com/?p=497042 Buoyed by stronger U.S. sales driven in part by cheaper prices allowed by the weaker yen, Nissan reported a quarterly profit of ¥82.02 ($818.9 million), beating estimates by about $50 million, up ~$100 million from last year’s quarter (In Nissan’s fiscal year, the second quarter).   After the company cut the retail price of seven […]

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Buoyed by stronger U.S. sales driven in part by cheaper prices allowed by the weaker yen, Nissan reported a quarterly profit of ¥82.02 ($818.9 million), beating estimates by about $50 million, up ~$100 million from last year’s quarter (In Nissan’s fiscal year, the second quarter).   After the company cut the retail price of seven […]

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Ford Posts Record Q2 Profits, Up Almost 19%, Surpasses Expectations, All Regions Profitable Except Europe http://www.thetruthaboutcars.com/2013/07/ford-posts-record-q2-profits-up-almost-19-surpasses-expectations-all-regions-profitable-except-europe/ http://www.thetruthaboutcars.com/2013/07/ford-posts-record-q2-profits-up-almost-19-surpasses-expectations-all-regions-profitable-except-europe/#comments Wed, 24 Jul 2013 23:15:09 +0000 http://www.thetruthaboutcars.com/?p=496932 For the 16th consecutive quarter, Ford Motor Co. profits have risen, with the Dearborn automaker reporting a 2nd quarter 2013 profit of $1.23 billion, up 18.6% from 2012, working out to 45¢ per share, exceeding analysts’ projections of 37 cents a share. Pretax profit for the quarter was up 40% to $2.56 billion. The company […]

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For the 16th consecutive quarter, Ford Motor Co. profits have risen, with the Dearborn automaker reporting a 2nd quarter 2013 profit of $1.23 billion, up 18.6% from 2012, working out to 45¢ per share, exceeding analysts’ projections of 37 cents a share. Pretax profit for the quarter was up 40% to $2.56 billion. The company […]

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