FORD MOTOR COMPANY

General Motors auto assembly workers lower an engine onto the chassis for Chevrolet Silverados and GMC Sierra pickup trucks at the Flint Assembly in Flint, Michigan

GM set to pay hourly workers at least $4,000 bonus

General Motors Co (GM.N) will pay its 45,000 hourly workers in the United States a bonus of at least $4,000 each, the automaker said on Monday. The average employee payout will be finalized by the end of February. The payments will be doled out on March 25, a company spokeswoman said.
More news

Obama promises to have 1 mln electric vehicles by 2015

In his State of the Union address, President Barack Obama reiterated his commitment to green technologies by vowing to flood America's highways with plug-in cars and will ask Congress for new programs to support sales and development of electric vehicles.
IBTimes Logo

Ford recalls 525,000 Windstar minivans

Ford Motor Co is recalling about 525,000 older model Windstar minivans in cold-weather areas because corrosion could cause a separation of parts under the vans that might reduce steering control, company and federal government officials said on Wednesday.

GM sold more cars in China than in U.S. last year

General Motors Co. (NYSE: GM) said it sold more vehicles in China than it did in the U.S. in 2010, making it the first time in the automaker’s 102-year history that sales in a foreign country surpassed domestic sales.

KPMG survey expects auto industry investments to soar in next 5 years

Auto industry executives are expected to see a rise in investment in new powertrain technology, new plants, alternative fuel technologies and high growth markets, merger and acquisition activity over the next five years, according to the 12th annual global automotive survey conducted by KPMG LLP.

Volvo seeks 2nd home market in China

Volvo Car expects China to become its biggest market as early as next year and its second home market after Sweden as the Chinese-owned automaker looks for sales to grow more than six times by 2015, a top company executive said.
A worker polishes a Fiat logo during the launch of Chrysler-s flagship showroom in Los Angeles November 16, 2010.

Brazil posts record auto sales in 2010

Automobile sales in Brazil reached record high for the fourth consecutive year in 2010, as the country is expected to witness the fastest growth in more than two decades.
IBTimes Logo

Toyota, Ford knotted at top in perception survey

Toyota Motor Corp, faltering from recalls, has fallen into a statistical tie with Ford Motor Co for tops in U.S. consumer brand perception, influential magazine Consumer Reports said on Wednesday.
IBTimes Logo

Ford recalls F-series pickups, Edge, Lincoln MKX

Ford Motor Co is recalling 14,737 new vehicles including its biggest seller, the F-series pickup truck, due to the chance than an electrical short could cause a fire, U.S. federal regulators said on Thursday.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.