Mexican Media Brands
Delphi Earnings Up, Sales Down
Delphi Automotive plc's sales slipped 2% to $4.2 billion in the fourth quarter of 2014.
#economics
Share
Delphi Automotive plc's sales slipped 2% to $4.2 billion in the fourth quarter of 2014. But operating income climbed 17% to $486 million, and net income advanced 15% to $368 million.
The U.K.-based supplier of automotive electronics reports its full-year sales grew 3% to $17 billion, operating income rose 10% to $1.8 billion and net profit expanded 11% to $1.4 billion.
Delphi predicts its revenue this year will rise $100 million-$500 million, and operating income will grow at least 17% to $2.1 billion-$2.2 billion.
RELATED CONTENT
-
On Headlights, Tesla's Autopilot, VW's Electric Activities and More
Seeing better when driving at night, understanding the limits of “Autopilot,” Volkswagen’s electric activities, and more.
-
On The German Auto Industry
A look at several things that are going on in the German auto industry—from new vehicles to stamping to building electric vehicles.
-
Tariffs on Autos: “No One Wins”
While talk of tariffs may make the president sound tough and which gives the talking heads on cable something to talk about, the impact of the potential 25 percent tariffs on vehicles imported to the U.S. could have some fairly significant consequences.