2016 Lotus Elise Race 250

Lotus shocks, heads toward profitability as fiscal year closes

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... read more

August 11, 2017 by
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... read more May 16, 2012 by

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... read more April 25, 2012 by

2012 Saab 9-3 Griffin range

Saab Posts $322 Million First Half Loss

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... read more September 1, 2011 by

2012 Audi S5 Coupe

Audi Posts Record $3.5 Billion Operating Profit For First Half Of 2011

Audi is the latest luxury automotive brand to announce record sales and profits for the first six months of the 2011, with the automaker from Ingolstadt posting a $3.5... read more August 5, 2011 by

2011 BMW X3

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

BMW has surpassed all industry estimates by posting a second quarter net profit of $2.57 billion, more than doubling results for the same period just one year ago. The result... read more August 2, 2011 by

Porsche 911 GT3 RS 4.0

Porsche Profits Rise 59 Percent In First Six Months Of 2011

Premium automotive brands are enjoying a resurgence in sales and profits as emerging market power houses such as China and Russia starting buying up expensive luxury and... read more August 1, 2011 by

Ferrari 599 GTO

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

The global financial crisis of the recent past appears to be well and truly over, with sales of luxury cars once again at record levels. Yesterday we saw Daimler announce... read more July 28, 2011 by

2012 Mercedes-Benz SLS AMG Roadster

Daimler Posts Record $2.5 Billion Profit For Second Quarter

The parent company of Mercedes-Benz, Daimler, has posted a record net profit of $2.5 billion for the second quarter of the year, smashing most estimates and increasing by... read more July 27, 2011 by

2012 Audi R8 GT

2010 Proves Most Successful Year In Audi’s History

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... read more March 8, 2011 by

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... read more August 3, 2010 by

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... read more July 30, 2010 by

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... read more May 14, 2010 by

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... read more April 27, 2010 by

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... read more April 21, 2010 by

Jaguar XF

Jaguar Land Rover Returns To Profit

Despite Jaguar unveiling stunning new models such as the XF and sales of the Range Rover luxury SUV still going strong, the Jaguar Land Rover partnership were still unable to... read more November 30, 2009 by


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