GM Records $7.6 Billion Net Profit in 2011
General Motors has reported a $7.6 billion net income for its 2011 fiscal year, up from the $4.7 billion recorded in 2010. While that’s a large sum of money by the standards of…
Chrysler Posts $183 Million Net Income for 2011
Ford and GM are not the only two Detroit automakers to finish 2011 in the black. Although a far cry from the billions earned by its cross-town rivals, the Chrysler Group (excluding Fiat)…
Chrysler Group Reports Third Quarter Profit of $212 Million
It seems that the Chrysler Group is back in the black and making some money. The company has reported a net profit of $212 million for the third quarter of 2011, which compares…
Ford Earns $2.1 Billion Profit in Q1 2010
Ford Motor Co. reported a $2.1 billion profit for the first quarter of 2010 and has raised its forecast for the full year. The is the forth quarter in row — since the…
Hyundai Posts Record Q4 Profits
Hyundai Motor posted a record operating profit for its fourth quarter. Its small cars have proven to be popular with recession-weary buyers and, with Toyota facing an image crisis, the South Korean automaker…
Ford Earned $2.7 Billion Profits in 2009
In the heap of Toyota’s recalls, Ford announced today that it earned a $2.7 billion profit for 2009, its first profit in four years. The announcement is made more significant because it came…
