Analysts forecast that Ford will announce a profit of 48 cents a share on revenue of about $30.6 billion when it releases earnings on Friday. That translates into an expected pretax profit of $8 billion in 2010, the best Ford h…
Ford is recalling more than half a million minivans to repair parts that could corrode and affect vehicle handling. The action involves Ford Windstar minivans from the 1999 to 2003 model years that were sold in cold-weather are…
Toyota’s recall troubles seem never-ending. Just a few months after the car company’s last recall, it has found defects involving the fueling systems of a variety of Lexus models. This won’t help the company’s beleaguered reput…
Last year’s massive recalls — and the resulting legal fallout — have given Toyota’s reputation a beating, cutting into its sales. But the company can’t blame all of its problems on the recalls. Analysts also point to another …
Some 3,000 workers at Ford Motor’s (F) truck plant in Dearborn, Mich., have been idled because of a shortage of parts needed to manufacture engines installed in the company’s popular line of pickup trucks.
The workers will be on temporary layoff for a…