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Europe: car sales in the west grew almost 7 percent in April

2015-05-08 11:03:05| Auto Dealers - Topix.net

New vehicle registrations in Western Europe, where almost all major regional markets are located, have soared 6.7 percent last month, buoyed by the expanding economic turnaround, new model introductions and increased discounts. According to consulting firm LMC Automotive, the total sales across the zone were up to 1.12 million units with southern European countries continued their economic turnaround after the slump in demand brought by the 2008 global financial crisis.

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Toyota Zooms to Record Profit for Year on Sales Growth, Yen

2015-05-08 09:18:53| Automakers - Topix.net

Toyota zoomed to a record 2.17 trillion yen profit for the fiscal year through March, up 19 percent from the previous year, buoyed by sales growth in the U.S. and a perk from the cheap yen. Toyota Motor Corp. President Akio Toyoda told reporters Friday the Japanese automaker appeared to be back on track for "sustainable growth," although the coming year would be a critical test.

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Tesla Buys Supplier, New Car Fuel Economy, Hybrid & Electric Car Sales: Today's Car News

2015-05-08 07:00:18| Auto Dealers - Topix.net

Unfortunately, today's news involves some slightly disappointing numbers. A new report finds that average fuel economy for new cars declined in April, while another finds that sales of hybrids and electric cars.

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Microchip reports record sales, 98th consecutive quarter of profitability

2015-05-08 00:35:10| Semiconductors - Topix.net

Microchip Technology Inc. reported record sales up 11 percent for 2015 and its 98th consecutive quarter of profitability.

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Microchip reports record sales, 98th consecutive quarter of profitability

2015-05-07 23:39:36| Electronics - Topix.net

The Chandler-based semiconductor and microcontroller manufacturer reported income of $99.4 million, or 45 cents per share, on revenue of $543.2 million for its fourth quarter that ended March 31. That compares with income of $111.5 million, or 50 cents per share, on revenue of $493.4 million for the same quarter a year ago. Microchip also reported its fiscal year 2015 financials of income of $369 million, or $1.65 a share, on revenue of $2.15 billion.

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