The Chrysler subsidiary company, Jeep, have announced indirectly that they are considering a possible comeback to the very popular segment of pickups. This announcement came packed in within a discussion Mike Manley, President and CEO of the Jeep Brand had with an interviewer from PickupTrucks.com. Mike Manley expressed his interest in the compact and midsize pickup truck market thus proving...
General Motors have announced today that the first quarter of 2010 has been the place for another achievement on behalf of the company as they returned to profitability and registered revenue of $31.5 billion and operating income of $1.2 billion. The registered net income attributable to common stockholders was $0.9 billion which means earnings per share on a diluted basis...
Ford Motor Company's annual shareholders meeting hosted a very positive speech on the behalf of the company CEO, Alan Mulally. Mulally stated that Ford will have a "solidly" profitable result coming out of 2010 and that 2011 will bring along a “continuing improvement”. If I were a Ford shareholder I'd be feeling pretty good about myself, if I were an...
The Lexus LFA, one of the biggest ever surprises in terms of supercars coming from a manufacturer with no heritage or tradition in this domain will be getting even hotter. Lexus have said that despite the massive asking price for this car they will not be making any profit on it because the technology that goes into it is that...
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...
Chrysler Group LLC has just revealed its latest figures and the most interesting one available is the operating profit margin that reaches 143 million dollars. The other interesting figure they published refers to the positive cash flow and the total of 8.9 billion dollars they have available. This is the first financial report Chrysler has published since June 2009 when...
