Will Ford be forced to sell Mazda?
Some analysts fear the ailing U.S. automaker may be forced to raise funds by unloading its interest in its much healthier Japanese partner. Just a week after Ford's (F) disastrous … Read More
An Inside Look at Motorsports
Some analysts fear the ailing U.S. automaker may be forced to raise funds by unloading its interest in its much healthier Japanese partner. Just a week after Ford's (F) disastrous … Read More
As energy costs skyrocket, Chrysler LLC is looking at different ways to save money, including, perhaps, a move to workweeks of four 10-hour days at several of its factories. “We’re … Read More
Toyota Motor Corp., with U.S. sales hurt by falling demand for trucks, may cut temporary jobs at its Kentucky car plant should the market keep weakening. Reuters reported the possible … Read More
Ford Motor Co. plans to halt production of the Mercury Sable sedan and Ford Taurus X crossover next year, according to company documents reviewed by The Detroit News. Both vehicles … Read More
Carmakers are turning to turbocharging, long viewed skeptically by Americans, as a relatively cheap, easy way to boost mileage. The next thing in greener cars doesn't need hydrogen, lithium-ion batteries … Read More
When it comes to increasing fuel economy, turbochargers are the replacement for displacement. The combination of highly efficient snails and smaller engines provides the power people expect, while reducing the … Read More
Ford Motor Co. has picked Honeywell International Inc. to develop turbochargers for a V-6 engine in the automaker's line of EcoBoost engines. Honeywell said it will make twin turbos for … Read More
Ford Motor Co., the second-largest U.S. automaker, was accused in a lawsuit of misleading buyers of the Roush Stage 3 BlackJack, a high-performance car, by claiming it would make only … Read More
Behold the mysterious Aston Martin One-77 Aston Martin Aston Martin has begun teasing its upcoming ultra-exclusive supercar, the One-77. Production is rumored to be limited to 77 units. From what … Read More
Toyota Motor Corp.'s Lexus ranked as the most dependable auto brand in the U.S. for a 14th straight year while Ford Motor Co.'s Mercury won back the No. 2 ranking … Read More
Andrea Pininfarina Andrea Pininfarina, head of the company which designs Ferraris, Fiats and the Ford Focus, died in a road crash in the early hours of Thursday near the Italian … Read More
The lead outside director of General Motors Corp. said Wednesday that Chairman and CEO Rick Wagoner has the board's unanimous backing but added that directors are keeping closer tabs on … Read More
Nissan EV-02 Nissan Motor Co. unveiled a new prototype electric vehicle Wednesday with batteries twice as powerful as conventional technology, aiming to take a lead in zero-emission cars. Japan's third-largest … Read More
Here’s something that’s long overdue. The Associated Press today reports that General Motors is cutting back spending on NASCAR. It’s about time. Here’s a company in crisis that can’t afford … Read More
Rounding out a bleak earnings season for automakers, Toyota Motor Corp. is expected to report a steep drop in quarterly profits Thursday because of slumping U.S. auto sales, this despite … Read More
When 2008 began, many in the automotive industry thought that the U.S. economy would begin to improve by mid-year, and automotive sales would also begin to recover. Now, that hope … Read More
General Motors Corp said its board continues to support Chairman and CEO Rick Wagoner despite the company's deteriorating performance in the second quarter, when it lost a staggering $15.5 billion. … Read More
Detroit's three automakers are urging Congress to make as much as $35 billion to $40 billion in low-cost loans available during the next two to three years to assure that … Read More
General Motors Corp. and Ford Motor Co. are discussing a possible collaboration to develop new engines and other powertrain technologies, according to sources at both companies. The rival automakers are … Read More
Chrysler LLC, the U.S. automaker that stopped offering leases today, will extend six-year loans and $2,000 cash rebates on many of its models to trim buyers' monthly payments. Chrysler is … Read More
General Motors Corp. says its losses widened to $15.5 billion in the second quarter as North American sales plummeted and the company faced expenses due to labor unrest and its … Read More
Bayerische Motoren Werke AG, the world's largest maker of luxury cars, fell the most in seven years in Frankfurt trading after abandoning its profit forecast on falling U.S. sales, the … Read More
General Motors Corp., Ford Motor Co. and Chrysler LLC had their credit ratings lowered one step further into junk status by Standard & Poor's over concern that shrinking U.S. auto … Read More
GMAC Financial Services says it swung to a steep second-quarter loss as slumping vehicle sales and a weak credit and consumer environment weighed on its results. GMAC says it lost … Read More
UPDATE More evidence Chrysler is in trouble – Chrysler LLC is suspending its tuition-assistance program that has helped salaried workers pay for higher education, the Free Press has learned. "Considering … Read More