Year end sales report

Tata Motors Reports Consolidated Financial Results for the Year Ended March 31, 2008

admin — Thu, 29 May 2008 08:48:28 +0000

May 28, 2008 -- Tata Motors today reported consolidated gross revenue of Rs. 40340.79 crores in 2007-08, a growth of 9.3% compared to Rs. 36922.61 crores in 2006-07.

The consolidated revenues (net of excise) at Rs. 35651.48 crores posted a growth of 10.2% over Rs. 32361.20 crores in the previous year. The Consolidated Profit before Tax (PBT) for the year was Rs. 3086.29 crores compared to Rs. 3088.00 crores. The Consolidated Profit after tax (PAT) for the year was Rs. 2167.70 crores, a marginal decrease over Rs. 2169.99 crores in the previous year.

Tata Motors has reported a Basic Earnings Per Share (EPS) of Rs. 56.24 for its consolidated operations as against Rs. 56.43 in 2006-07.

Tata Motors stand-alone financial results

Financial year ended March 31, 2008

Nissan Net Income Up 7.4% at 482.3 Billion Yen in FY2007

admin — Tue, 13 May 2008 13:34:42 +0000

Nissan GT 2012 Mid-term Business Plan Unveiled

TOKYO, May 13, 2008 – Nissan Motor Co., Ltd., today announced financial results for the fiscal year 2007, ending March 31, 2008, and filed the following results with the Tokyo Stock Exchange:

* Net revenues of 10.824 trillion yen (US $94.62 billion, euro 66.98 billion)
* Operating profit of 790.8 billion yen (US $6.91 billion, euro 4.89 billion)
* Ordinary profit of 766.4 billion yen (US $6.70 billion, euro 4.74 billion)
* Consolidated net income of 482.3 billion yen (US $4.22 billion, euro 2.98 billion)
* Operating profit margin of 7.3%

Mitsubishi Motors Announces FY2007 Full-year Results, FY2008 Forecasts

admin — Tue, 29 Apr 2008 13:08:54 +0000

April 25, 2008, Tokyo -- Mitsubishi Motors Corporation (MMC) today announced its full-year results for the year ending March 31, 2008, together with forecasts for the year ending March 31, 2009.

1. Fiscal 2007 full-year result (¥1 = US $ 0.0096)

(1) Fiscal 2007 overviews

Mitsubishi Motors' consolidated sales for fiscal 2007 totaled 2 trillion 682.1 billion yen
($25.7 billion), a 22 percent increase of 479.2 billion yen ($4.60 billion) over the previous fiscal year. Factors behind the improved performance include a 10 percent growth in global retail sales over fiscal 2006, the commencement of OEM vehicle supplies to PSA Peugeot Citroen and favorable yen exchange rates.

Ford Motor Company Makes Solid Progress on Plan

admin — Tue, 29 Apr 2008 10:10:09 +0000

$100 Million Net Income in First Quarter 2008 Preliminary Results

DEARBORN, Mich., April 24, 2008 – Ford Motor Company [NYSE: F] today reported net income of $100 million, or 5 cents per share, for the first quarter of 2008. This compares with a net loss of $282 million, or 15 cents per share, in the first quarter of 2007.

The 2008 operating data discussed herein exclude Jaguar Land Rover because it is held for sale. Jaguar Land Rover and Aston Martin data are, however, included in the 2007 data, except where otherwise noted. See tables following “Safe Harbor/Risk Factors” for the amounts attributable to Jaguar Land Rover and any necessary reconciliations to U.S. GAAP.

Mazda Motor Corporation Reports Fiscal Year 2007 Financial Results

admin — Tue, 29 Apr 2008 09:47:35 +0000

Record profits with revenues and all profit levels increasing for the seventh consecutive year

HIROSHIMA, Japan — Mazda Motor Corporation today reported its financial results for fiscal year (FY) 2007 and announced its projections for FY2008.

FY2007 Consolidated Full Year Highlights:

* Global retail volume increases by nearly 5 percent to 1,363,000 units
* Consolidated sales revenue increases by 7 percent to a record 3,475.8 billion yen
* Consolidated operating profit up 2 percent reaching a record 162.1 billion yen
* Consolidated net income increases 25 percent to a best-ever 91.8 billion yen

FY2008 Projections Highlights:

* Global retail volume to reach 1.48 million units, a 9 percent increase

Tata Motors Posts Highest Ever Sales of 582,401 in 2007-08

admin — Thu, 03 Apr 2008 10:01:49 +0000

Domestic sales of Commercial Vehicles (313,371), Passenger Vehicles (214,758)

1st April, 2008 -- Tata Motors reported a record sale of 582,401 vehicles (including exports) for the fiscal year 2007-08, its highest ever and a growth of 1% over 578,862 vehicles sold in 2006-07. Total sales (including exports) for the month of March 2008 were 66,495 nos., the company’s highest ever monthly sales and an increase of 6% over 62,779 nos. sold in March 2007.

Commercial Vehicles

Bentley Motors Follows 2007 Sales Success with Record Profitability

admin — Thu, 13 Mar 2008 14:00:35 +0000

Volume, turnover and operating profit all achieve new highs

Crewe, 13 March, 2008 -- Bentley Motors has announced its financial results for the year ending 31 December 2007, reporting record revenue and operating profit. For the calendar year, Bentley increased its net revenue by €36m or 2.7% compared with 2006, to set a new record of €1.37bn. Operating profit increased by €18m or 13.1% to a new operating profit record of €155m.

Volkswagen Reports Record Deliveries, Sales Revenue and Profit in 2007

admin — Thu, 13 Mar 2008 12:22:43 +0000

- 9.5 Percent return on investment exceeds target
- Further profitable growth expected for 2008

Wolfsburg, 13 March 2008 - The Volkswagen Group reached new records for deliveries, sales revenue and profit last year. “For the Volkswagen Group, 2007 was by far the most successful year in the Company’s history,” said Prof. Dr. Martin Winterkorn, Chairman of the Board of Management of Volkswagen AG, at the presentation of the Company’s 2007 financial results in Wolfsburg on Thursday. “We have impressively demonstrated the unique potential that this Company has to offer. This is also reflected in very concrete form in our key figures.”

Volkswagen Records Record Profit of EUR 6.5 Billion in 2007

admin — Mon, 03 Mar 2008 09:04:51 +0000

Its Highest Profit Before Tax In The History Of The Company

Wolfsburg, 29 February 2008 -- Volkswagen AG today announced in an Ad-hoc-Release its key figures for 2007.

Volkswagen presents 2007 consolidated financial statements:

- At EUR 6.5 billion, the Volkswagen Group recorded the highest profit before tax in the history of the Company; considerably higher than the target of at least EUR 5.1 billion originally planned for 2008

- Operating profit of EUR 6.2 billion increased by 40.3 percent compared with the previous year’s operating profit before special items, and more than three times higher after special items

- The Board of Management and Supervisory Board are proposing an increase in dividends for Volkswagen shareholders to EUR 1.80 per ordinary share

Volvo Car Corporation Announces All-Time-High Sales Record of 458,323 Cars Sold Worldwide in 2007

admin — Thu, 21 Feb 2008 11:08:56 +0000

Feb 20, 2008 -- With worldwide sales totalling 458,323 cars, Volvo Cars increased its total global sales by 7.4 percent compared with 2006 - a record-breaking result. The old record was set in 2004 when Volvo Cars sold 456,244 units. The biggest volume increase was achieved in Northern Europe, Russia and China.

Highlights:
* Global sales totalled 458,323 cars - a Volvo all-time-high
* Volvo Cars sales in Asia increased by 50 percent on average
* Volvo Cars sales in Europe increased 9.0 percent
* All-new Volvo V70 and Volvo XC70 world premiere at Geneva Motor Show
* Volvo ReCharge Concept unveiled at the Frankfurt Motor Show
* Volvo Cars introduced in India
* Russia has become Volvo Cars' fifth biggest market