What can you do, inevitably, some sort of trouble comes around to your business endeavour no matter how good the cars you make are. This is certainly the case of Porsche, a company that has been struggling for quite some time now as far as the money is concerned. I should point out that what we're referring to here is...
Financial reports from the automotive industry come with mixed responses but this here bit of news in relation to a situation from Honda. As it turns out, the Japanese have just lost $180 million on a certain part of their business. What's surprising is how Honda's massive, multi-million dollar loss isn't related to the company's cars or bikes. While I'm...
In a recent press release, Ford published their third quarter results and it seems the Blue Oval has reasons to be proud of itself. This is the sixth consecutive quarter the company makes a profit in. Furthermore this time the Dearborn based company managed a net income of $ 1.7 billion which is the sort of sum that sets records....
We all remember the horrific news that came from Detroit around a year ago but now the headlines make for pretty much opposite extras to read all about. In short, Ford has recorded $2.1 billion in profits, General Motors managed to pay off the treasury loan early despite proving profits and Chrysler have managed to reduce their financial hemorrhage. While...
