Quarterly earnings
Toyota Announces First Quarter 2008 Operating Results
August 7, 2008 - Tokyo - Toyota Motor Corporation (TMC) today announced operating results for the first quarter ended June 30, 2008.
On a consolidated basis, net revenues for the first quarter totaled 6.22 trillion yen, a decrease of 4.7 percent compared to the same period last fiscal year. Operating income decreased 38.9 percent to 412.5 billion yen, while income before income taxes, minority interest and equity in earnings of affiliated companies was 453.0 billion yen. Net income decreased by 28.1 percent to 353.6 billion yen.
Proton Posts RM162 Million Pre-Tax Profit
3 successive quarters of pre-tax profits
SHAH ALAM, Malaysia, 26 May 2008 – PROTON Holdings Berhad posted a third successive quarter of pre-tax profits and ended the 31 March 2008 financial year with a group pre-tax profit of RM162 million. PROTON Chairman Dato' Mohammed Azlan Hashim said the three successive quarters in the black point to better financial health for PROTON and this can be attributed to its focus on operational improvements and its perseverance, which are beginning to show positive results.
PROTON Posts RM162 Million Pre-Tax Profit
3 Successive quarters of pre-tax profits
SHAH ALAM, 26 May 2008 – PROTON Holdings Berhad posted a third successive quarter of pre-tax profits and ended the 31 March 2008 financial year with a group pre-tax profit of RM162 million.
PROTON Chairman Dato' Mohammed Azlan Hashim said the three successive quarters in the black point to better financial health for PROTON and this can be attributed to its focus on operational improvements and its perseverance, which are beginning to show positive results.
Pininfarina Group Releases 2008 First Quarter Report
The Data, In Line With The Industrial Plan, Confirm The Turnaround In The Group’s Operating Performance: EBITDA In The Black And EBIT Loss Halved Compared With The First Quarter Of 2007
Turin, Monday, May 12, 2008 – The Board of Directors of Pininfarina S.p.A., meeting today under the chairmanship of Andrea Pininfarina, approved the Report on the Group’s Operations in the First Quarter of 2008.
EBITDA represent the profit or loss from operations before depreciation, amortization and additions to provisions.
EBIT represent the profit or loss from operations.
General Motors Schedules First-Quarter 2008 Financial Results Release for April 30
2008-04-24 -- General Motors has scheduled the release of its first-quarter 2008 financial results for 7:00 a.m. EDT, April 30, 2008, via PR Newswire and GM Media Online.
GM Executive Vice President and Chief Financial Officer Ray Young will conduct a conference call at 9:30 a.m. EDT to review and discuss the company's financial results. A question-and-answer session with financial analysts and the media will follow a brief review of the results. The call is expected to last approximately 90 minutes.
The conference call will also be webcast live on GM's Investor website investor.gm.com in the Calendar/Events section. Charts will be posted in the Earnings Release section.
Ford Motor Credit Earns $24 Million in First Quarter 2008
DEARBORN, Mich., April 24, 2008 – Ford Motor Credit Company reported net income of $24 million in the first quarter of 2008, down $169 million from earnings of $193 million a year earlier. On a pre-tax basis, Ford Motor Credit earned $36 million in the first quarter, compared with $293 million in the previous year.
The decrease in earnings primarily reflected higher provision for credit losses, higher depreciation expense for leased vehicles and higher net losses related to market valuation adjustments from derivatives. These were offset partially by lower expenses primarily related to the non-recurrence of costs associated with our North American business transformation initiative and higher financing margin.
Volkswagen Posts Substantial Rise in First Quarter 2008 Profits
Wolfsburg, 23 April 2008 -- Volkswagen Aktiengesellschaft posted a substantial rise in operating profit for the first three months of the current 2008 financial year. The increase of approximately 21 percent brought operating profit to EUR 1.3 billion. “We had a very good first quarter. This shows the potential of the Volkswagen Group,” Prof. Dr. Martin Winterkorn, Chairman of the Board of Management, commented on Wednesday. “We are optimistic about achieving our targets for 2008, even if conditions remain difficult.”
Volkswagen today published an ad-hoc announcement with the key figures for the first quarter.
Interim Report January-March 2008:
- Volkswagen Group operating profit in the first quarter of 2008 up significantly year-on-year at EUR 1.3 billion
Renault Revenues Up 4.2% to €10,203 Million in First Quarter 2008
April 21, 2008 -- Renault reported revenues of €10,213 million in first-quarter 2008, up from €9,793 million for first-quarter 2007 on a consistent basis. The Automobile and Sales Financing divisions made positive contributions of 4.2% and 3.9%, respectively.
Revenues by division
Automobile revenues grew 4.2% year-on-year to €9,697 million in the first quarter on a worldwide sales increase of 6.5% in the same period, dampened by an unfavorable exchange rate that cost 2.1 points.
GM Latin America, Africa and Middle East First Quarter 2008 Sales Up 20%
Miramar, FL, 2008-04-15 - General Motors Latin America, Africa and Middle East (GM LAAM) region posted an all-time Q1 record in 2008, selling 323,400 vehicles, up 52,900 units over the same quarterly period in 2007. GM’s volume increase of 19.6 percent for the quarter outpaced the 11.7 percent industry growth rate for the region. In addition, LAAM’s market share increased to 17.9 percent for the quarter, up 1.2 share points year-over-year.
Highlights:
* Record 323,400 units in Q1 2008
* Sales up 19.6% or 52,900 units from Q1 2007
* Q1 2008 market share improves 1.2 points to 17.9%
In achieving the Q1 record sales level, GM LAAM sold an all-time March monthly high of 111,300 units. This equates to a 7.2 percent improvement year-over-year.
Proton Improves Performance with Higher Profits in 3rd Quarter
SHAH ALAM, MALAYASIA, 21 February, 2008 - PROTON Holdings Berhad continued to improve its financial performance, posting a profit before tax of RM11 million for the third quarter ended 31 December 2007.
The Group registered a profit before taxation of RM11 million for the current quarter, an improvement compared to the loss before tax of RM272 million incurred in the corresponding quarter in the last financial year. The positive return is achieved on the back of higher sales volume and lower operating costs.

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