(Corrects fourth paragraph to show Ford's sales gain was lower after including, not excluding, Volvo)
General Motors Co posted a 5 percent gain in July U.S. sales on Tuesday which it said underscored evidence of progress in the year since its emergence from a U.S. government-funded bankruptcy.
U.S. July auto sales are on track to rise from a year-earlier tally that was boosted by government incentives, pointing to a gradual recovery in one of the first indicators of consumer demand for the third quarter.
China's Geely on Monday completed its purchase of Ford Motor Co's Volvo unit, marking China's biggest acquisition of a foreign car maker and reflecting the nation's rapid rise in the auto world.
Ford Motor Co shares are poised to rise in the next year, despite weak auto industry sales and uncertainty over the global economy
Ford Motor Co has acknowledged shipments of its all-new Fiesta are weeks behind schedule and apologized to still-waiting U.S. customers in a bid to protect one of its most important vehicle launches of the year.
Chinese auto parts makers are moving into the overseas M&A fast lane, eyeing a distressed global market to close a technology gap with world leaders to meet sizzling demand at home and eventually sell overseas.
China's Geely on Monday completed its purchase of Ford Motor Co's Volvo unit, marking China's biggest acquisition of a foreign car maker and reflecting the nation's rapid rise in the auto world.
About 400 workers at Ford Motor Co's Windsor, Ontario engine plant will lose their jobs as Ford completes a planned move to a single shift
Hertz Global Holdings Inc is reviewing Avis Budget Group Inc's bid for Dollar Thrifty Automotive Group , a company spokesperson told Reuters.
Ford Motor Co chief executive Alan Mulally said on Monday the company was cautiously optimistic that it would continue to grow as the U.S. economy recovers.
Ford Motor Co posted a stronger-than-expected quarterly profit of $2.6 billion and said it was on track for higher earnings and lower debt in 2011, sending its shares up 4 percent.
Ford Motor Co posted a stronger-than-expected quarterly profit of $2.6 billion and said it was on track for higher earnings and lower debt in 2011, sending its shares up 3 percent in premarket trade.
General Motors Co plans to file its registration for an initial public offering during the week of August 16, just after the expected date for its second quarter results, according to two people with direct knowledge of the preparations.
Ford Motor Co posted stronger-than-expected quarterly earnings and said it was on track to be profitable in 2010 with second half profits lower than the first half.
General Motors Co plans to buy auto finance company AmeriCredit Corp for $3.5 billion in a cash deal financed by government bailout money and aimed at removing a major investor concern before a planned IPO.
It was a miserable winter day in January 2007, the kind that makes auto executives in the Motor City wonder why they hold the Detroit Auto Show at the most inhospitable time of the year.
The U.S. auto-leasing industry has likely lost $10.4 billion since 2005 because of overestimating resale values of vehicles leased
When Kelleher Motor Co. first opened for business in 1911, the average price of a home in the U.S. was $4,800, a stamp cost 2 cents and William Howard Taft was president.
It was a miserable winter day in January 2007, the kind that makes auto executives in the Motor City wonder why they hold the Detroit Auto Show at the most inhospitable time of the year.
It was a miserable winter day in January 2007, the kind that makes auto executives in the Motor City wonder why they hold the Detroit Auto Show at the most inhospitable time of the year.
Ford Motor and its partly-owned Jiangling Motors Corp broke ground on Sunday on a $300 million vehicle plant in central China as the partners speed expansion in the world's largest auto market.