With more inventory than last year, incentive spending is up. July sales growth could see highest jump in 2013.
General Motors (NYSE: GM) and Ford (NYSE: F) reported quarterly earnings this week in the wake of Detroit filing for bankruptcy.
Ford’s Southampton UK assembly plant is closing as the auto maker shifts production to Turkey, where Ford Otosan exports are booming.
The No. 1 U.S. automaker said it's working to slash expenses in its high-cost Australian operations.
Stocks closed lower after mixed earnings were reported from Apple, Caterpillar and Ford.
Most of the new jobs will be in Michigan and 80 percent of the new employees will be engineers and information technology specialists.
Ford Motor Company (NYSE:F) and General Motors Co. (NYSE:GM) are reporting quarterly earnings over the next two day.
It was a “stable quarter” for North America’s largest auto maker, but profits were likely hurt by continued overhaul charges.
Ford is spending heavily on shifting its global positions while U.S. sales are booming.
Apple Inc. (Nasdaq: AAPL), Facebook Inc. (Nasdaq: FB) and AT&T Inc. (NYSE: T) report earnings next week.
Here are the financial reports to watch Wednesday, as the second-quarter earnings season continues.
Fujikura Ltd becomes first Japanese parts supplier to be sued by an automaker after pleading guilty to price fixing components.
Mississippi Delta bluesman T-Model Ford passed away of a respiratory illness on Tuesday.
Ford has been on a winning streak this year. Fiesta sales have doubled since June 2012.
Improvements in consumer confidence and housing figures may have pushed June’s U.S. auto sales numbers to pre-recession levels.
The pilot program will address health care needs and prevent future problems among the company's most chronically ill workers.
Ford’s new $500 million engine manufacturing facility in Chongqing is part of its joint venture with Chang’an Automobile.
Car sales in Europe had a remarkably poor month in May.
Ford is using targeted production plants to respond to growing demand for mini-SUVs in the Indian market.
Ford's inventory of the midsize sedan is down to 39 days, as demand keeps the level of stock low.
U.S. auto manufacturing has had three good years of jobs creation; that party is winding down in 2014.
During the annual Tesla Motors stockholders meeting, Tesla CEO Elon Musk announced the cheaper Gen III electric sedan for a late 2016 launch.