Volkswagen profits surge despite selling fewer cars
Volkswagen said Friday its net profits jumped last year despite selling fewer cars due to the semiconductor shortage as buyers forked out for better-equipped cars.
Mar 11, 2022
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Automotive
News tagged with net profits
Ericsson earnings boosted by 5G network rollouts
Swedish telecom equipment maker Ericsson has reported upbeat third quarter earnings, helped mainly by the rollout of 5G wireless networks in China and a strong U.S. market.
Oct 21, 2020
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4
Business
Sanctions-hit Huawei says back to 'business as usual'
Chinese tech giant Huawei said on Friday it had returned to "business as usual" despite US sanctions as it estimated annual revenues to remain flat for 2022.
Dec 30, 2022
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4
Business
Emirates predicts 18-month lull in air demand
Gulf aviation giant Emirates said Sunday it would take at least 18 months for travel demand to return to "a semblance of normality", despite reporting bumper pre-pandemic profits.
May 10, 2020
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7
Business
British Airways parent IAG swoops for more cash to survive crisis
Airline giant IAG, the owner of British Airways and Spanish carrier Iberia, on Friday logged a 3.8-billion-euro ($4.5 billion) first-half net loss—and launched a capital-raising to help it navigate the demand-destroying ...
Jul 31, 2020
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14
Business
Nokia profit dips as it sees challenges in US market for 5G
The Finnish telecommunications networks provider Nokia on Thursday reported a smaller than expected drop in profit in the fourth-quarter while it acknowledged it was facing some challenges in the race for 5G networks, particularly ...
Feb 4, 2021
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Automotive
GM lifts forecast as chip shortage eases, stock hits record
Shares of General Motors Co. closed at a record high Thursday after the company said its efforts to manage the global computer chip shortage have worked better than expected, so it's financial results will improve.
Jun 3, 2021
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2
Business
Toyota warns of 64% drop in full-year net profit
Toyota on Thursday warned of a 64 percent drop in full-year net profit and reported a slump in quarterly earnings, as the coronavirus pandemic shreds the global auto market.
Aug 6, 2020
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5
Automotive
Tesla sales surge as global demand picks up speed
Tesla's third-quarter sales jumped 44% as global demand for its electric vehicles outpaced that of most other automakers.
Oct 2, 2020
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6
Business
Fujifilm finds new niches, record profits amid pandemic
Scores of Japanese manufacturers less well known than Toyota and Sony are linchpins in world supply chains and innovation.
Jul 13, 2021
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