Ford Motor said sales of its cars and trucks rose 13.3% in January on improved demand by consumers, bucking last year’s trend, when sales to fleet customers largely drove the increase. For the month, the automaker sold 127,317 …
General Motors sales rose 21.8% in January compared to a year ago on strong sales across its lines of passenger cars, “crossover” vehicles and trucks, the automaker said Tuesday. Each of the automaker’s four divisions recorded …
Union employees at Chrysler Group will receive a $750 bonus next week as an acknowledgment of their contributions in helping to revive the once-bankrupt company, the automaker said Monday. Salaried workers, excluding the compan…
Back in 2009, General Motors applied to the Department of Energy for $14.4 billion in loans to help it manufacture more fuel-efficient vehicles. Today, with the automaker making big strides in turning around its business, GM sa…
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…