Volvo 2006 profits leap 24.5 percent on record sales
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Swedish heavy lorry maker Volvo AB said its net profit leapt 24.5 percent in 2006 to 16.318 billion kronor (1.8 billion euros, 2.4 billion dollars), on the back of record sales.
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Ford Motor Co.  on Tuesday reported a higher-than-expected quarterly profit on strength in its finance arm.
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Volkswagen, the biggest European carmaker, sold a record 6.2 million vehicles last year owing to strong demand in eastern Europe, Brazil and China, VW said Monday.
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Sales in Europe were especially strong, rising 24 percent, the software maker says.
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Mazda Motor Corp.  posted a 7.5 percent rise in quarterly profit powered by a favourable slide in the yen and increased exports to North America and Europe, and lifted its forecasts for record annual operating profit.
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Anglo-Dutch food giant Unilever has reported a net profit rise of 26 percent to 5.015 billion euros (6.526 billion dollars) for the year 2006.
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Mazda Motor Corp. (7261.T) posted a 7.5  percent rise in quarterly profit powered by a favorable slide  in the yen and increased exports to North America and Europe,  and lifted its forecasts for record annual operating profit.
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World number two truck maker Volvo  is selling its 28.7 percent stake in U.S. truck stop chain Petro Stopping Centers, yielding a capital gain of $46.3 million.
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Volvo, the world's second biggest  truck maker, posted a sharp rise in fourth-quarter profits on  Thursday, making 2004 its most profitable year ever, and said  it would pay out about 7 billion Swedish crowns ($986 million)  to shareholders.
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Volvo AB posted a 24 percent increase in fourth-quarter profit Friday as sales growth stalled for the world's second biggest truckmaker, missing analysts forecasts.
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Japanese carmaker Nissan reports its first quarterly profit in more than a year, boosted by new models.
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BMW, the German automaker, said its profit rose 28 percent in 2006, helped by strong car sales and a one-time gain from the sale of a stake in Rolls-Royce, the British aircraft engine manufacturer. The company, which is based in Berlin, said it was seeking approval from its board to buy back up to 10 percent of its stock and said it would increase dividends. Net profit climbed to 2.87 billion euros ($3.77 billion) from 2.24 billion euros the previous year.
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Toyota Motor Corp. (7203.T), the world's  most profitable car maker, posted a better-than-expected 26.5  percent rise in quarterly operating profit as sales charged  ahead in North America and Europe, and kept its forecast for  another year of record earnings.
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Supermarket giant Tesco sees first half profits jump 24.2% to Â£822m ($1.47bn) and said its sales of non-food items continues to grow.
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Honda Motor Co  posted a stronger-than-expected 38 percent rise in quarterly profit on Wednesday, helped by a jump in Asian margins in particular and strong global sales of its new CR-V crossover.
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Volkswagen AG , the world's fourth-largest carmaker, reported a better-than-expected full-year operating profit on Tuesday and forecast a further improvement this year, sending its shares sharply higher.
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Profit soared on increased sales volume, a lower tax rate and cost savings.