CANADA: Magna 2010 sales and profits rise sharply
Magna International full year sales rose 39% year on year in 2010 to US$24.1bn. Operating income was $1.2bn, net income was…
2010 results are rolling in...
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US: BorgWarner announces record Q4 2010 earnings
BorgWarner has reported fourth quarter 2010 profit of US$0.89 per share, a new record and up 98% compared with Q4…
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US: TRW books big profit rise
TRW Automotive Holdings, which specialises in auto safety systems, booked full year 2010 net profit of US$834m on sales up…
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US: Amerigon boosts full year profit
Heated and cooled vehicle seat maker Amerigon has reported a record US$10m in net profit for full year 2010 compared…
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GERMANY: Daimler soars back into profit
Daimler, maker of Mercedes-Benz and Smart cars, is the latest to announce a hefty full-year 2010 turnaround, booking a net…
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INDIA: Tata Q3 profit beats estimates
Tata Motors has booked a substantial rise in quarterly net profit of INR24.24bn ($530m) for the fiscal third quarter ended…
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US: Goodyear books net loss again
Tyre maker Goodyear booked a 2010 net loss of US$216m compared to $375m in red ink in 2009. Sales rose…
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US: BorgWarner 2010 sales a record
BorgWarner said its 2010 sales were a record US$5.652bn, up 42.7% from 2009. Operating income was $504.3 million, or 8.9% of…
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FRANCE: Renault turns around in 2010
Renault, like French rival PSA Peugeot Citroen, has booked a dramatic turnaround in group operating profit for full year 2010.…
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US: AAM swings back to 2010 net profit
American Axle & Manufacturing Holdings booked 2010 operating income of US$204.1m, or 8.9% of sales of US$2.28bn which were up 50% year…