Ford posts best 1Q profit in 13 years Ford posted its best first-quarter profit in 13 years, as its new, more fuel-efficient vehicles reached showrooms during a surge in gasoline prices. Read more on Los Angeles Daily News [Continue]

Daimler reaffirms profit prediction despite impact of Japan quake, turmoil in Arab world BERLIN – Daimler is sticking with its profit expectation for this year despite the disasters in Japan and uncertainty from turmoil in the Arab Read more on Canadian Business [Continue]

Visteon Posts Q4 Profit Of More Than $1 Bln – Update Auto parts supplier Visteon Corp. (VC) on Wednesday reported a profit for the fourth quarter of more than $1 billion, reflecting reorganization gains. The company emerged from Chapter 11 bankruptcy in October 2010. Read more on RTT News [Continue]

GM posts $4.7b profit, its first since ’04 DETROIT — In a remarkable financial U-turn, once-bankrupt General Motors has recorded its first profitable year since 2004 and is tantalizingly close to reclaiming its title as the world’s number one automaker. Read more on Boston Globe [Continue]

15. 105% surge in Sime Q2 net profit KUALA LUMPUR: Sime Darby Bhd posted a 104.8% increase in net profit to RM877.1mil for its second quarter from the same period a year ago with earnings from its plantation, motor and industrial divisions providing much of the lift. Read more on The Star [Continue]