Holy Restated Earnings! GM's Back In Black With A First Quarter Profit Shift

GM's bean-counters have been working overtime over at the RenCen this week, shifting over some of its obligations from last year's health care agreement and some higher gains from its holding in Suzuki Motor Corp, and lo' and behold, found an extra $768 million in their bottom line. That'll flip them from a… »5/09/06 9:24am5/09/06 9:24am

Breaking! Visteon First Quarter Profits Released! Wait — Profits?!?!

Auto supplier Visteon's just dropped their revenue numbers for the first quarter — and happy of happy's, they've swung from the red to the black with a net income of $3 million ($0.02 per share). May not sound like much but remember, this is totally apples and oranges to their loss of $163 million ($1.30 per share)… »5/02/06 9:57am5/02/06 9:57am

Breaking: DaimlerChrysler Sees Profits; Does Not Cite Underpants Gnomes - Jalopnik Disappointed

DaimlerChrysler released numbers for the first quarter and they garnered a net profit of 299 million euros on 17% higher sales. But taking a look underneath those numbers at the individual divisions shows something different — like the fact a company has lower profits in one division (Chrysler), and a loss in the… »4/27/06 9:59am4/27/06 9:59am

Honda Goes Double: Mintin' A Quarterly Profit Of $1.9 Billion

Oh that's where GM and Ford's profit went — they were looking for that. Honda more than doubled its net profit from a year ago offsetting a decline of sales in their home country of Japan. On top of the record-breaking quarterly profits — which were more than good — quarterly sales jumped 20.6%. Whoa! So even though… »4/26/06 8:15am4/26/06 8:15am