Volkswagen's Profit Drops 31 Percent
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Volkswagen AG's profit fell 31 percent in 2004 as the German automaker fought headwinds from the weak dollar in the U.S. market and sluggish consumer spending at home.
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Nissan Motor Co. reported a  bigger-than-expected 23 percent fall in quarterly net profit on  Friday, hurt by a sluggish recovery in U.S. sales, and lowered  its full-year forecasts despite a weaker yen.
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Third-quarter operating profit at Volkswagen  rose more than 50 percent thanks to resurgent earnings at its core VW brand after the world's fourth-largest carmaker cut thousands of jobs last year.
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Dow Chemical Co  on Thursday reported lower-than-expected third-quarter profit, hurt by weak North American housing and auto markets and a change to German tax law.
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Automaker DaimlerChrysler AG lowered its 2006 operating profit forecast Friday, saying its Chrysler Group expects a $1.52 billion loss in the third quarter, more than double the amount anticipated.
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Automaker Volkswagen on Thursday reported a steep drop in net profit in the first nine months of the year, blaming tough economic conditions and fiercely competitive markets.
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Ford Motor Co.  on Tuesday said earnings will fall this year due to a drop in profit from its finance unit, which it expects to be hit by rising interest rates.
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MUNICH, Germany  - Losses at planemaker Airbus slashed operating profit at Franco-German parent EADS  by 86 percent to 399 million euros ($525 million) in 2006, but the fall was cushioned by profits in defense, the group said.
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Germany, with its high costs, reluctant consumers and restive auto workers, has become a major drag on the country's two largest carmakers, DaimlerChrysler and Volkswagen , which both reported mixed earnings on ...
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DaimlerChrysler AG (DCXGn.DE) on  Thursday said U.S. vehicle sales fell 8 percent in February.
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GRAND RAPIDS, Mich., Oct. 25  â The Dow Chemical Company said Thursday its profit fell 21.3 percent in the third quarter because of changes in German tax laws, higher domestic tax rates and charges for research and development.
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Automaker DaimlerChrysler AG said Thursday that its earnings fell 63 percent in the fourth quarter, with profits from luxury division Mercedes nearly evaporating.
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DaimlerChrysler AG, the world&#39;s fifth- biggest carmaker, reported a third-quarter profit as Chrysler&#39;s US sales rose. Volkswagen AG&#39;s earnings fell a seventh quarter in a row on higher sales incentives and Fiat SpA&#39;s loss widened.
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Ford Motor Co. F.N on Tuesday said  earnings will fall this year due to a drop in profit from its  finance unit, which it expects to be hit by rising interest  rates.
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Volkswagen  posted a nearly 50 percent gain in nine-month operating profit thanks to resurgent earnings at its core VW brand after the world's fourth largest carmaker cut thousands of job cuts last year.
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French carmaker Peugeot-Citroen reports a slump in full-year profits, amid weakening worldwide sales.
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Automaker Volkswagen on Thursday reported a 65 percent drop in third-quarter net profit from the same period a year ago amid fiercely competitive markets and difficult economic conditions such as a strong euro and high oil prices.