by | Feb 1, 2011 | Towing
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 …
by | Jan 27, 2011 | Towing
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…
by | Jan 27, 2011 | Towing
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…
by | Jan 25, 2011 | Towing
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 …
by | Jan 21, 2011 | Towing
With U.S. automotive dominance waning, a new moniker has emerged: the “Detroit Three.” Still, don’t count out Ford, GM or Chrysler. Their post-recession future looks strong, thanks to some agonizing restructuring. Now, they can…