Topic: Automobile Manufacturing
GM CFO
AP News
Porsche cuts debt, forecasts loss this year
AFP Global Edition
The German luxury car maker Porsche said on Wednesday that has paid down nearly half its mountain of debt but that it expects to suffer a net loss in its current fiscal year. Porsche turned a profit in the first six months however, while maintaining a solid profit margin of ...
Porsche H1 profit skids 83 pct on VW merger costs
AP News
German sports car maker says 6-month profit down 83 percent on costs of Volkswagen mergerA dip in sales and costs from its failed attempt to take over Volkswagen pushed sports car maker Porsche's six-month net profit down by 83 percent. The maker of the 911, Cayenne and Panamera, said ...
Toyota sales in Europe slip 20 percent
AP News
Toyota sales in Europe slip 20 percent in February; overall car sales rise 3 percentToyota's sales in Europe slipped 20 percent in February from a year ago after the company launched a massive recall to fix faulty gas pedals, according to EU car makers' sales figures released Tuesday. The ...
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