Chrysler sales jump 11 percent. Company expects October annual sales rate of 15.7 million.
GM earns 698, million, after one time charges. Pre tax earnings jump to $2.6 billion.
Chrysler Group’s net income rose 22 percent to $464 million in the third quarter as U.S. demand for the Ram pickup and Jeep Grand Cherokee rose.
DTE Energy (NYSE:DTE) Friday reported earnings for the nine months ended Sept. 30 of $537 million, or $3.07 a share, up from $529 million, or $3.08 a share, in 2012. (The earnings per share fell a penny despite higher earnings because of more shares outstanding in 2013.)
In its first financial report as a publicly traded company, Covisint Corp. (Nasdaq: COVS), the Detroit-based provider of secure communication and collaboration technology, reported a loss of $2.4 million or 8 cents a share in the second fiscal quarter ended Sept. 30. That’s an improvement from a $4.6 million loss, 17 cents a share, in the prior fiscal year.
This year marks a decade worth of research – examining the role of women in leadership positions within Michigan public companies.
Visteon Corp. Thursday announced net income of $65 million or $1.29 a share in the second quarter ended June 30, down from $75 million or $1.40 a share a year earlier.
Chrysler Group says its net income rose 16 percent to $507 million in the second quarter on strong U.S. sales of trucks and SUVs.
Dow Chemical Co. eported revenue of $14.58 billion for the second quarter ended June 30, up from $14.51 billion a year earier. Due to a massive one-time payment, net income skyrocketed to $2.44 billion or $1.87 a share, up from $740 million or 55 cents a share a year earlier.
General Motors says second-quarter net income fell 16 percent as slowing international profits and losses in Europe offset strong North American earnings.