Autoliv Q1 profit rises 3% ahead of split
Autoliv said its first-quarter operating profit rose more than 3 percent and said it would not deliver financial guidance for the group ahead of its impending creation of two separate units.
Honda, Mazda issue profit warnings as yen rise clouds outlook
Honda and Mazda issued profit warnings for the current financial year on worries a stronger yen would erode their operating earnings, wiping out the impact of record high global vehicle sales.
Continental may carve out car engine components business
Continental said it might carve out its business that makes car engine components, potentially paving the way for a stock market listing for parts of the division.
Volvo Q1 profit rises nearly 4% on China, U.S. demand
Volvo reported a rise in quarterly operating earnings as growing sales in China and a recovery in the United States offset increased development and marketing costs.
Daimler Q1 operating earnings fall despite higher vehicle sales
Daimler’s earnings dropped 12 percent to about $4 billion in the first quarter despite higher vehicle sales. The company blamed foreign exchange effects and sales incentives.