VW passed rival Ford in the auto industry earnings race last year

VW passed rival Ford in the auto industry earnings race last year

Volkswagen AG posted higher earnings last year than Ford Motor Co. as the demand in China continued to surge. The net income of Volkswagen, Europe's biggest automaker, rose sevenfold to... Read more


Ford is expected to post 2010 annual profit of $8 billion, its biggest since 2000

Ford is expected to post 2010 annual profit of $8 billion, its biggest since 2000

Ford Motor Co. is expected to report an annual profit for 2010 that would be its highest since 2000. It’s believed to be boosted by the release of new models and the improvement of its... Read more


Tesla posts its first profit

Tesla posts its first profit

Tesla Motors is claiming to have reached overall corporate profitability based on strong sales recorded in July with $1 million in earnings and $20 million in revenue. Profitability is... Read more


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