All finances articles

  • Fabian Kirchbauer Photography
    Article

    Emissions test and product recalls hit BMW

    2018-10-03T11:31:06Z

    New emission tests, product recalls and trade wars have forced BMW to warn it anticipates a poorer financial performance this year.The shift to the new Worldwide Harmonised Light Vehicle Test Procedure (WLTP) has led to significant supply distortions in several European markets and unexpectedly intense rivalry, the German luxury marque ...

  • Porsche Leipzig GmbH
    Article

    Porsche increases global deliveries in Q1

    2017-05-05T17:20:53Z

    Porsche has reported a 2% increase in revenue for the first quarter of the year to €5.5 billion ($6 billion), alongside a 7% increase in deliveries to almost 59,700 vehicles, compared to the same period last year. The US, China and Germany remain the premium carmaker’s top three markets for ...

  • BLG
    Article

    BLG Logistics reports €1 billion in sales for 2016

    2017-04-12T17:57:51Z

    German logistics provider BLG Logistics has reported sales of €1.05 billion ($1.11 billion) for 2016, with its automobile division achieving a 2.6% increase in revenues to €473.7m. The division’s earnings before interest and tax (Ebit) did, however, show a year-on-year decline of 18.4% to €15.1m. The firm said this was ...

  • Kansas rail
    Article

    Kansas City Southern counts the cost of Mexican fuel price rise

    2017-01-25T15:30:19Z

    Kansas City Southern (KCS) has said it is paying 70% more for its fuel in Mexico than it does in the US, following price hikes of 15-20% in some parts of the country at the start of this year, which have led to widespread protests. Speaking at his company’s fourth ...