The former Michigan governor and U.S. congressman said he never thought the automaker would require a second federal rescue after he helped save it from extinction in 1979.
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Posts Tagged ‘profit’
Chrysler will turn a profit this year, board member James Blanchard predicts
May 24th, 2011 
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Posted in Auto News 
Tags: automaker, board, board member, congressman, Extinction, governor, james blanchard, member, michigan governor, post, profit, rescue, View 
Comments OffGeneral Motors first quarter profit: $3.2B
May 5th, 2011 admin General Motors posted its fifth consecutive quarterly profit today – further evidence the automaker continues to build momentum after its 2009 bailout.
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Posted in Auto News Tags: automaker, bailout, evidence, General, general motors, Momentum, post, profit, quarter profit, quarterly profit, Stories, View Comments OffGM to report $1.6-billion 1Q profit
May 5th, 2011 admin General Motors is expected to extend its string of quarterly profits to five today by posting an estimated $1.6 billion in first-quarter net income. If Wall Street likes what it sees, the profits could set the stage for the government to sell more of its stake in the rescued automaker.
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Posted in Auto News Tags: 1q, automaker, General, general motors, Income, net income, post, profit, quarterly profits, Stake, string, View Comments OffChrysler posts first profit since emerging from bankruptcy
May 2nd, 2011 admin Chrysler Group reported its first quarterly profit since emerging from bankruptcy nearly two years ago, helped by a revamped lineup of cars and trucks as well as higher vehicle prices.
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Posted in Auto News Tags: Bankruptcy, Cars, Chrysler, chrysler group, post, profit, quarterly profit, Stories, Trucks, vehicle, View Comments OffDaimler AG earns up strongly in first quarter, Mercedes rolls on in China
April 29th, 2011 admin FRANKFURT – Automaker Daimler AG says it nearly doubled net profit in the first quarter as its luxury Mercedes brand kept up its strong sales performance in China. Earnings reached €1.18 …
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Posted in Auto News Tags: automaker, Daimler, daimler ag, luxury, luxury mercedes, net profit, Performance, post, profit, sales performance, strong sales, View Comments OffVW Posts Record Profit on China Audi Demand
April 27th, 2011 admin April 27 (Bloomberg) — Volkswagen AG, Europe’s biggest automaker, reported record operating profit in the first quarter as the Audi and VW brands attracted more Chinese …
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Posted in Auto News Tags: April, Audi, automaker, bloomberg, chinese view, demand, operating profit, post, profit, record profit, View, Volkswagen, volkswagen ag Comments OffVolkswagen earnings rise on increasing global auto sales in recovering market
April 27th, 2011 admin FRANKFURT – Automaker Volkswagen AG said Wednesday its net profit jumped to €1.71 billion ($2.5 billion) in the first quarter as sales rose strongly in North America and in emerging markets in …
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Posted in Auto News Tags: auto sales, automaker, emerging markets, global auto, market, net profit, post, profit, rise, View, Volkswagen, volkswagen ag Comments OffVolkswagen earnings rise on increasing global auto sales in recovering market
April 27th, 2011 admin FRANKFURT – Automaker Volkswagen AG said Wednesday its net profit jumped to €1.71 billion ($2.5 billion) in the first quarter as sales rose strongly in North America and in emerging markets in …
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Posted in Auto News Tags: auto sales, automaker, emerging markets, global auto, market, net profit, post, profit, rise, View, Volkswagen, volkswagen ag Comments OffToyota set to unveil new vision
March 7th, 2011 admin Toyota Motor Corp., which traditionally gets a majority of its profit in the United States, will outline a strategy for growth in emerging markets in a 10-year plan the automaker is set to release this week, two sources said. Toyota also aims to cut two vice chairman positions and shrink its board to 17 or fewer members from 27 as part of the biggest management shakeup in eight years, said the sources, who declined to be identified as the information is private. President Akio Toyoda will present Toyota’s “Global Vision 2020″ plan on Wednesday. (Japan Times)
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Posted in Auto News Tags: akio toyoda, chairman, information, japan times, majority, management shakeup, profit, Shakeup, toyota motor, toyota motor corp, vice, vision, vision 2020 Comments OffToyota Said to Focus on Emerging Markets Growth in 10-Year Plan
March 6th, 2011 admin Toyota Motor Corp., which traditionally gets a majority of its profit in the U.S., will outline a strategy for growth in emerging markets in a 10-year plan the Japanese automaker is set to release this week, two people familiar with the plan said.
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Posted in Auto News Tags: emerging markets, japanese automaker, majority, Motor, post, profit, strategy, Toyota, toyota motor, toyota motor corp, View, year Comments Off
