Nissan Omits Bonus After a Drop in Profit
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Carlos Ghosn said the Japanese automakerâs board members will forgo their bonus pay to take responsibility for poor performance.
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Ford Motor Co.  on Thursday reported a quarterly profit, reversing a year-earlier loss, as earnings from its finance arm offset weak automotive operations.
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Ford Motor Co. F.N on Thursday  reported a quarterly profit, reversing a year-earlier loss, as  earnings from its finance arm offset weak automotive operations  for the third straight quarter.
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Nissan, Japan's third-largest carmaker, sees profits fall 23%, hit by lower sales and higher raw material costs.
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Ford Motor Co. F.N on Tuesday said  its automotive business was gearing up for bigger profits this  year, but overall earnings will fall due to weaker results at  its financial services unit.
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General Motors Corp.  said on Thursday that it expects earnings this year to fall, due in part to weaker profits from its financial services arm.
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Withdraws guidance for 2007 Circuit City had a crap first quarter, losing $54.6m, against net income of $6.4m same time last year. Net sales fell 4.3 per cent, driven by a comparable store sales decline of 5.6 per cent. Gross profit margins fell 1.9 per cent on lower merchandise margins and lower take-up of extended warranties.â¦
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Nissan Motor Co.&#39;s chief executive said Thursday that the Japanese automaker was hurt more than its rivals by the recent steel shortage, and that production is expected to fall short by 15,000 vehicles in March next year.
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Worldwide output at Nissan Motor Co. Ltd.  (7201.T), Japan&#039;s second-largest auto maker, plunged by a fifth  in April, the company said on Wednesday, a drop that reflects  planned inventory cutbacks but also falls in sales.
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Nissan Motor Co  posted a surprise 12 percent gain in quarterly operating profit on Friday as a pickup in its global car sales outweighed rising commodity prices, and it kept its full-year forecasts unchanged.
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Tokyo - Scandal-hit Japanese automaker Mitsubishi Motors said Monday its interim net loss nearly doubled to Â¥146.16 billion and announced it was downgrading its full-year earnings forecast.
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Japanese electronics maker Hitachi slashed its full-year profit forecast because of ballooning costs to repair nuclear reactors and slumping sales of some products, saying Friday it now expects to lose 55 billion yen this year, or about $467.3 million.
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TOKYO: Nissan Motor Co Ltd, Japan&#39;s second largest motor vehicle maker, said it will have to cut back output due a shortage of steel material.
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Nissan Motor Co. shares opened down 7.3 percent on Monday, knocking $4.1 billion off its market value, after the carmaker warned before the weekend that it would miss its original profit forecasts by a wide margin.
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Burlington Northern Santa Fe BNI.N,  the No. 2 U.S. rail group, on Tuesday reported a sharp drop in  net profit after taking a charge related to a change in the way  it estimates asbestos and environmental liabilities, but posted  record quarterly revenue.
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When you factor in the tax break and fuel savings, Nissan's Altima hybrid has a payback period of four years or less, making it a no-brainer. In Autopia.
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Ford Motor Co. F.N on Thursday  reported a quarterly profit, reversing a year-earlier loss, as  earnings from its finance arm helped override weak automotive  operations for the third straight quarter.