Profit
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Automotive
Tesla Margin Hit 5-Year Low As Profits Fall For 4th Straight Quarter
Tesla reassures investors by reiterating for new affordable EV to launch by first half of 2025. While Tesla is still…
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Automotive
Volvo Posts Record Operating Profits For The 2nd Quarter Of 2024
Operating profits at Volvo during Q2 2024 jumped by 28% relative to the same period last year. While news regarding…
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Automotive
Carsome Plans Mass Layoffs To Appear Profitable Ahead Of IPO
The hardest hit during this round of job cuts are Carsome staff in its Indonesia and Thailand divisions. While Carsome…
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Automotive
Honda Back In The Black After Strong Second Quarter Sales
Amid all these uncertainties too, Honda is forecasting for greater profits during this fiscal year. Despite suffering a staggering loss…
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Automotive
Toyota Reports Record Quarterly Profits Of RM 38.6 Billion
This nearly ¥1 trillion figure is 5 times more than Toyota had made in the same time last year. With…
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Automotive
Volvo Achieves Record Half Year In Sales This Past 6 Months
Operating profit for Volvo Cars are the best in its 94-year history too. 2021 has been fantastic for Volvo so…
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Automotive
Wuling Only Makes RM 60 In Profit On Each Of Its MINI EV
There is more than meets the eye though when it comes to the tiny profit margin on this tiny EV. …
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Motorcycles
Ducati Remains Profitable Despite Challenging 2020
Sales of Ducati motorbikes grew significantly in China, Germany and Switzerland over last year too. Despite 2020 being a tough…
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Automotive
Volkswagen Group Made Only €10 Billion In Profit In 2020
This figure is actually down from the €19.3 billion profit the Volkswagen Group posted in 2019. Despite the pandemic and the ensuing…
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