• 2016 Lotus Elise Race 250

    Lotus has pulled a money-laden rabbit from its top hat. With the results of its 2016/2017 fiscal year, Lotus Group International Limited's operations are heading toward profitability. At the close of the fiscal year, Lotus posted a positive earnings before interest, tax, depreciation, and amortization (EBITDA) of $2.6 million. In the 2015/2016 fiscal year, Lotus posted a loss of $21.6 million with EBITDA factored in. Things moved in a positive direction with the sports car maker's profit before tax figure as well. Lotus reported a $14.54 million loss, up from a whopping $53.49 million loss in...

  • Ferrari 812 Superfast
    Ferrari continues to print money as demand rises

    Things are swell over at the brand with the prancing horse. Ferrari profit skyrocketed 36 percent during the first quarter of 2017, according to a financial report published by Bloomberg (via Automotive News, subscription required). Demand substantially increased for Ferrari's V-12 powered...

  • Ferrari F12berlinetta
    2012 Is Best Year On Record For Ferrari

    Following yesterday’s announcement it had the most powerful brand in the world, according to the results of a leading study, Ferrari, the maker of some of the finest sports cars on the planet, has now revealed it’s just recorded its best financial result in its 66-year history. Over the...

  • Tesla Model S undergoing assembly
    Tesla Cuts 2012 Revenue Forecast Due To Slow Model S Roll-Out

    Despite waves of positive reviews for its new Model S electric sedan, Tesla said that teething problems with getting the cars out to customers means it won’t hit its original revenue targets for the year. The Californian startup is now expecting full-year revenue of about $400 million to $440...

  • Pininfarina logo
    Pininfarina Forecasts First Profit Since 2004

    After recent turbulence legendary Italian design house Pininfarina is poised to post its first profit since 2004. Over the years the company has suffered some major setbacks including the death of its CEO Andrea Pininfarina back in 2008 and the loss of design contracts to internal design studios...

  • Aston Martin One-77
    Aston Martin One-77 Supercar Is Officially Sold Out

    With a production run spanning just 77 examples, it’s amazing it’s taken Aston Martin this long to reach the sale of its final One-77 supercar. Yes it’s true; the last pre-built example of the One-77 has been bought, which means if you still want one of the £1.2 million...

  • 2012 Saab 9-3 Griffin range

    Saab has taken yet another step, this time a major one, towards what’s shaping up to be an inevitable bankruptcy, with news coming out today that the struggling Swedish automaker posted a $322 million loss for the first six months of 2011. The latest figure is four times the amount Saab lost a year ago, and the automaker’s negative equity of $570 million now exceeds its sales revenue for the period. Total sales over the six month period were 15,194 units, with revenues of $513 million. Saab ceased production back in April due to a shortage of parts and an inability to pay...

  • 2012 Audi S5 Coupe
    Audi Posts Record $3.5 Billion Operating Profit For First Half Of 2011

    Audi has kept up with rivals such as Daimler and BMW by posting record profits so far this year, thanks mostly to strong demand for its luxury cars in China.

  • 2011 BMW X3
    BMW Posts $2.57 Billion Net Profit In Second Quarter Of 2011

    With its strong second quarter results, BMW is now predicting annual sales in excess of 1.6 million units.

  • Porsche 911 GT3 RS 4.0
    Porsche Profits Rise 59 Percent In First Six Months Of 2011

    Porsche is already on track for a record year of sales but has even more models in the pipeline, including the 918 Spyder, Cajun crossover and a new entry-level roadster.

  • Ferrari 599 GTO
    Ferrari Sells Record Number Of Cars, Launches New Tailor Made Customization Program

    If Ferrari continues its strong performance, 2011 is going to turn out to be one of the best years in the automaker's history.

  • 2012 Mercedes-Benz SLS AMG Roadster
    Daimler Posts Record $2.5 Billion Profit For Second Quarter

    Daimler is now on track to post revenues of more than $145 billion for 2011 on the back of strong demand for its luxury cars.

  • 2012 Audi R8 GT

    It’s safe to say that 2010 was a bumper year for Audi. With a total of 1,092,411 sales under its belt, Audi managed to draw in a record $49.2 billion in revenue which resulted in a profit after tax of $3.6 billion. The same year also saw Audi break its annual vehicle sales record in the U.S., and unrelenting progress in China ensured that 2010 was easily the best year for sales in the automaker’s history. The successful performance was particularly due to a multitude of new product launches in the past 12 months including the flagship A8, stylish A7 Sportback and even the...

  • 2011 BMW 5-Series (Euro spec)
    BMW Reports $1.1 Billion Profit For The Second Quarter Of 2010

    Just days after Audi announced that it had posted a record $1.7 billion profit for the first half of 2010, BMW has gone one better and revealed that its own profit has risen more than sixfold, ending the second quarter of the year at $1.1 billion. The results are on the back of significantly...

  • 2011 Audi A8 L W-12 quattro
    Audi Posts Record $1.7 Billion Profit For First Half Of 2010

    At a time when most automakers are struggling to make sales, and others are suffering from a spate of safety and quality recalls, Audi has managed to post a record profit and its best ever sales figures. Audi managed to increase its revenue by 21 percent in the first six months of the current...

  • 2010 Saab 9-5
    Report: SAAB Could Break Even With Just 80,000 Sales

    Saab has had one of the most turbulent recent histories in the auto industry, being bought up by GM, then almost sold to a Chinese automaker and finally ending up in the hands of Spyker--all while losing hundreds of millions of dollars each year. Saab’s latest owner is Spyker, a niche sports car...

  • Ford CEO Alan Mulally at 2010 Washington DC Auto Show
    Ford Posts $2.1 Billion First Quarter Profit

    Ford today reported a profit of $2.1 billion for the first three months of the year, beating most estimates by almost 50 percent and coming in a staggering $3.5 billion over the same period just one year ago. Ford cites strong demand for new products, streamlining of its global operations and...

  • Sergio Marchionne
    Chrysler Posts $143 Million Operating Profit For Q1 2010

    With Chrysler’s new parent Fiat making the hard and fast decisions, the automaker is now on track to return to profitability and the first signs of progress are already showing. Chrysler announced today that it made an operating profit of $143 million in the first three months of 2010, helped by...

  • Jaguar XF

    Jaguar Land Rover has reported an operating profit of £41.3 million for the quarter ending September 30.

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