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Tag: profits
Credit Acceptance Corp. & Can Slim: Together They Equal Fat Profits
2013-04-23 00:25:32| Auto Dealers - Topix.net
Credit Acceptance Corporation is an indirect auto finance company that works with car dealerships nationwide to enable them to sell cars to consumers, on credit, regardless of the buyer's credit history.
Tags: credit
acceptance
equal
corp
China Mobile profits flat in Q1, revenues up 5.7%
2013-04-22 14:12:00| Telecompaper Headlines
(Telecompaper) China Mobile reported first-quarter revenues up 5.7 percent year-on-year to CNY 134.7 billion. EBITDA rose a slower 0.8 percent to CNY 61.2 billion, and net profit was up just 0.3 percent to CNY 27.9 billion. The operator added a net 16.01 million new customers in the quarter, for a total 726.31 million at the end of March. The 3G base grew by 26.44 million customers to 114.37 million. ARPU fell to CNY 63 per month from CNY 71 in the year-earlier period, amid a rise in customers with multiple Sim cards and a drop in average minutes per customer to 488 per month from 503. The expansion in 3G users helped mobile data traffic grow to a total 103.4 billion MB from 89.7 billion a year ago, and SMS also continued to increase, to 192.7 billion messages versus 182.6 billion a year earlier.
How BMW is Offering Perks and Planning Profits for Electric Car Lineup
2013-04-22 05:02:59| AutomotiveDigest.com - Automotive Industry News
Most certainly, BMW is not building electric cars to compete directly with the Nissan Leaf. The German automaker is more likely to take on the Tesla Model S, and plug-in hybrids coming to market from other global automakers. While the company has carefully conducted a three-vehicle phase test program, BMW is now serious about marketing its upcoming i3 and soon-to-follow i8. Offering perks to electric vehicle buyers is the most significant development in BMWs electrified marketing strategy. Offering traditional fuel powered BMW models the EV owners can borrow from local BMW dealers is part of it, along with car sharing and using the onboard navigation system to find charging stations. Theres another key element to what BMW thinks will bring profit margin success to its electric cars carefully managing what goes into them. Carbon-fiber reinforced plastic will make up the passenger compartment, and it weighs half as much as steel and 30% less than aluminum. Read all about BMWs clever marketing strategy offering perks to EV buyers, and more details on whats being done to make production more profitable. The Article How BMW is Offering Perks and Planning Profits for Electric Car Lineup appeared first on Automotive Digest.
Tags: car
planning
offering
electric
CN and CP profits expected to surge in the first quarter despite winter woes
2013-04-21 13:49:12| Railroads - Topix.net
Canada's two leading railways are expected to post much stronger profits in the first quarter despite winter weather woes and the impact of a slowing economy.
Tags: expected
winter
despite
quarter
Profits up 16% at General Electric
2013-04-19 15:02:23| BBC News | Business | UK Edition
General Electric reports a 16% rise in first quarter profits, helped by a one-off gain from the sale of its remaining stake in NBC Universal.
Tags: general
electric
profits
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