Profit

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...

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...

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...

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...

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...

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.

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

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.

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

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.

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...

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...

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 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...

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...