Chrysler pitches turnaround plan
The mood in the global automotive industry has shifted to cautious optimism, marked by the unveiling on Wednesday of Chrysler's turnaround plan and General Motors' plan to keep its Opel unit.
Opel sale is latest deal undone by recovery
The abruptly scrapped sale of GM's Opel is not the first example of a deal born of the financial crisis being undone by the economic recovery, and probably won't be the last.
Slowdown pressures entire auto sector
The global meltdown and resulting implosion in vehicle sales over the past year have pressured everyone in the automotive sector, creating opportunities for some players while leaving others subject to bankruptcy, consolidation or concessions.
GM sees October sales bounce, Chrysler plunges
General Motors posted its first monthly sales increase in nearly two years on Tuesday as a rebound in industrywide U.S. auto sales in October pointed toward a gradual recovery for the battered sector.
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Ford, Nissan sales rise on stronger demand
Ford Motor Co said on Tuesday its U.S. sales in October rose 3 percent and it gained market share due to strong demand for cars and crossover vehicles.
Ford sales rise 3 percent
Ford Motor Co said on Tuesday that its U.S. sales rose 3.1 percent in October from a year earlier among all of its brands, supported by sales of cars and crossovers.
Ford posts surprise profit
Ford Motor Co posted a $1 billion quarterly profit on Monday, defying Wall Street forecasts of a loss, as it cut costs and gained market share, leading it to raise its 2011 outlook to solidly profitable from break-even.
Ford shares soar after surprise profit
Ford Motor Co posted a quarterly profit on Monday, defying Wall Street forecasts for a loss as it cut costs and gained market share, leading it to raise its 2011 outlook to solidly profitable from break-even.
Ford surprises with quarterly profit
Ford Motor Co surprised Wall Street with a quarterly profit on Monday and raised its 2011 outlook to solidly profitable, sending its shares up 5.7 percent in premarket trading.
Automakers gird for new normal
As automakers, parts suppliers and car retailers ready business plans for next year and beyond, the experience of the industry's 2009 crash has made caution the new byword.
Ford posts profit, sees solid results in '11
Ford Motor Co surprised Wall Street with a quarterly profit on Monday supported by cost cuts, improved credit results, and increased market share.
Ford posts profit, sees solid profit in '11
Ford Motor Co surprised Wall Street with a quarterly profit on Monday supported by cost cuts, improved credit results, and increased market share.
Ford suffers UAW setback, Canadian workers OK cuts
U.S. factory workers at Ford Motor Co overwhelmingly rejected proposed concessions it has said it needs to stay competitive, while union workers in Canada on Sunday accepted cuts aimed at retaining jobs.
China's Geely confident on Volvo bid: chairman
China's Geely is confident its bid for Ford Motor's Volvo car unit will be successful, chairman Li Shufu said on Friday, as it seeks to lead China's automakers onto the global stage.
Ford seen narrowing loss, focus on cash burn
Ford Motor Co is expected to post a narrower quarterly loss with support from the U.S. government cash for clunkers program, but the focus will be on the outlook for the U.S. economy and auto industry sales.
Major U.S. auto dealers see slow recovery
Major U.S. auto dealerships see only a grudging recovery in demand in 2011, a cautious outlook at odds with the consensus view that the battered industry could see a double-digit percentage rebound.
VW sees tough year-end; Mazda ups FY target
Europe's largest carmaker Volkswagen said business remained tough after third-quarter earnings plunged on Thursday, while Japan's Mazda predicted a smaller full-year operating loss.
AutoNation posts profit on cost-cutting, Clunkers
AutoNation Inc, the largest U.S. auto retailer, posted a quarterly profit thanks to cost-cutting and the government's Cash for Clunkers incentive program and said it would target dealership acquisitions as the market recovers.
VW profit plunges, sees tough year-end
Europe's largest carmaker Volkswagen said business remained hard after third-quarter earnings plunged on Thursday while Japan's Mazda predicted a smaller full-year operating loss.
China to launch case against U.S. Big Three automakers
China has told the United States that it plans to formally launch an investigation that could lead to new import duties on autos and sports utility vehicles made by Chrysler, Ford and General Motors, a U.S. industry official said on Wednesday.
Ford picks Geely for Volvo; Magna upbeat on Opel
Ford Motor Co chose China's Geely as preferred bidder for Volvo Cars while Magna said it still hoped to clinch a deal to buy a majority stake in Opel from GM after a board meeting on November 3
Ford picks Geely for Volvo cars bid
Ford Motor Co named Zhejiang Geely Holding Group as preferred bidder for its loss-making Swedish unit Volvo in what could lead to the biggest overseas acquisition by China's fast-growing auto sector.
Ford names Geely preferred Volvo cars bidder
Ford named a consortium led by China's Zhejiang Geely Group Holding Co. as preferred bidder for its loss-making Swedish unit, Volvo Car Corp., but said more detailed talks were needed before any final agreement.
U.S. auto dealers post profit, outlook cautious
Group 1 Automotive Inc , the No. 4 U.S. auto dealership, posted a quarterly profit on Tuesday that was double the year-earlier figure, but its cautious outlook for the current quarter sent its shares down 12 percent.
Former GM plant to make Fisker hybrid cars
The bankrupt shell of carmaker General Motors Co is making its first major asset sale, selling a Delaware manufacturing plant to Fisker Automotive, which will make plug-in hybrid electric cars beginning in 2012.
Ford rises, Chrysler falters in key quality survey
Ford Motor Co has made the most progress in improving vehicle quality among major automakers, while Chrysler ranks at the bottom of the industry for reliability, according to an annual Consumer Reports survey released on Tuesday.
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