The United States auto industry put a cap on its best year since crumbling to unforeseen depths in 2008, as the Big Three auto companies all reported strong December sales that met or exceeded analyst estimates.
Automakers ended the year with strong U.S. sales but forecast lower growth in 2012, as a sluggish economic recovery is expected to continue.
Fuel-efficient cars and a slew of new SUV models will be unveiled at Delhi's Auto Expo later this week as global carmakers continue to rev up their activity in one of the world's few growth engines despite a recent slowdown in sales.
U.S. new-vehicle sales for December are expected to show continued steady growth, but analysts say much of the gains are linked to buyers who delayed purchases and therefore will not an indicate a strengthening economy.
An interesting and possibly life saving new safety feature is to be offered on new Ford Fusions in 2012, and it will warn drivers if they begin to drift out of their lane. The car will debut at the North American International Auto Show in January and it's the first time the feature will be offered on a non-luxury car.
Ford Motor Co. said Friday that vehicle sales of its brand topped the 2 million mark, making Ford the first automotive brand to reach the milestone since 2007.
Ford Motor said its primary Ford brand vehicle sales topped 2 million in the United States this year, the first time since 2007 that any single automotive brand has reached that level.
Ford Motor said its U.S. vehicle sales topped 2 million this year for the first time since 2007, implying a 15 percent share in the second biggest auto market in the world.
Globalization has provided the United States with many benefits, but it is not without liabilities or problems.
2012 promises to be another year of promising, if not exciting developments for Apple (NASDAQ: AAPL) and CEO Tim Cook, the man who replaced Jobs. Apple has the world's bestselling tablet, the iPad, and the bestselling smartphone, the iPhone, and the company wants to keep it that way.
Ford is using a smartphone and tablet app to draw interest to its new Ford Fusion that it will unveil in January at the North American International Auto Show in Detroit.
Dennis Varni remembers buying his first car, a 1931 Ford Model A, more than a half century ago when he was 14.
Dennis Varni remembers buying his first car, a 1931 Ford Model A, more than a half century ago when he was 14. It cost him $45 and to amass that princely sum, he picked fruit, hawked his model train set and even sold the clothes off his back.
Ford Motor Co recalled nearly 129,000 Ford Fusion and Mercury Milan sedans in the United States citing a risk that the wheels may fall off, U.S. safety regulators said on Friday.
Ford Motor Co restored its dividend for the first time in five years on Thursday, with a quarterly payout of 5 cents per share that the No. 2 U.S. automaker said it could maintain during any future downturn.
Among the happiest is likely company chairman Bill Ford Jr., who made the announcement, considering he and family members who own or receive dividend benefit from many of the company's Class B shares have been the income since the dividend was dropped in 2006 as Ford struggled, teetering near bankruptcy.
People familiar with the matter told The Wall Street Journal that Ford is already in the process of reviewing candidates to take over for Mulally, who is expected to leave the company within two years. Mulally took over for chairman Bill Ford Jr. as CEO five years ago after a long stint at Boeing as an engineer and top executive.
The Nikkei average edged up Friday, with investors focused on whether the benchmark can hold above its 25-day moving average ahead of crucial U.S. employment data later in the day.
Higher incentives and better model selection in November led to the best month for U.S. auto sales in more than two years.
The Ford Mustang's most recent generation of models has undergone many changes throughout the years, but probably none like the changes among the 2013 models seen at the Los Angeles Auto Show Wednesday.
A sugarcane farm in the Philippines has been in James Ford's family for generations. It was the family business on his mother's side, and with the farm recently changing hands from one aunt to another, there was an opening for Ford to come and manage it.
General Motors Co posted a lower third-quarter profit on losses in Europe and offered a disappointing outlook that raised doubts about the speed of its turnaround two years after emerging from bankruptcy.
