US Big Motor Vehicle And Parts Corps 2Q 2013 Earnings Up 20%

I found 12 US Motor Vehicle and Parts Corps which generated After-tax Adjusted Earnings of more than $100 mil in either the 2Q 2013 or the 2Q 2012.

The Big 3 Motor Vehicle Corps.....Ford, GM and Chrysler.....generated Total Adjusted Earnings in the 2Q 2013 which were up a robust 20% over the 2Q 2012, led by Ford's 52% earnings growth.

GM's 2Q 2013 Adjusted Earnings declined by $85 mil.  However, this was only because GM reported $500 mil of higher income tax expense in the 2Q 2013.  Absent this $500 mil of increased income tax expense, the Big 3 Total Earnings grew by an even more robust 36%.

The Remaining 9 Motor Vehicle and Parts Corps also had their Total After-tax Adjusted Earnings grow by a robust 20% in the 2Q 2013.

I think the US economy, US real GDP growth, good-paying US job creation, business profits, and the US Debt level would all be substantially better off if the Obama Administration were to replicate some of its successful strategies used to rescue the Auto Industry to all of US manufacturing and all of US technology.  I'm just saying.

Below here are the earnings of these 12 US Big Motor Vehicle and Parts Corps for the 2Q 2013 and for the comparable 2Q 2012:

	2Q 2013	2Q 2012
	Adjusted	Adjusted
	Net	Net	Adjusted	Adjusted
	Income	Income	Net	Net
	From	From	Income	Income
	Continuing	Continuing	Increase	Increase
	Operations	Operations	(Decrease)	(Decrease)
	mils	mil $s	Amount	%
US Big Motor Vehicle and Parts Corps
Big 3
Ford Motor	1,833	1,203	630	52%
General Motors	1,411	1,496	(85)	-6%
Chrysler	530	436	94	22%
Total Big 3	3,774	3,135	639	20%
The Remaining 9
Delphi Automotive	388	336	52	15%
Paccar	292	297	(5)	-2%
Harley Davidson	272	247	25	10%
TRW Automotive	252	221	31	14%
Goodyear Tire & Rubber	181	85	96	113%
Borg Warner	174	121	53	44%
Oshkosh	148	77	71	92%
Lear	138	135	3	2%
Dana Holdings	115	120	(5)	-4%
Total Remaining 9	1,960	1,639	321	20%
Grand Total all 12	5,734	4,774	960	20%