Ford Motor (F) plans to spend $850 million during the next three years to improve and expand plants in Michigan that will result in in 1,200 new full-time jobs, the automaker said Monday.
The capital improvements are part of the company’s plan to upgr…
Riding high on improved demand for its vehicles, analysts expect Ford to post a record third-quarter profit of $1.37 billion tomorrow. The automaker’s current third-quarter earnings record is $1.13 billion, set in 1997.
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Federal regulators are urging owners of previously recalled Ford vehicles to get them fixed to prevent the possibility of engine fires. Only about 40% of the 17.5 million Ford cars, trucks, vans and motor homes recalled have so…
First Toyota, now Honda: Japan’s No. 2 automaker said Thursday it also plans to recall an as-yet undetermined number of vehicles because of brake fluid leaks that could lead to reduced braking power. Toyota’s recall for same is…
Swedish automaker Volvo is recalling 9,746 cars in the U.S. to repair driver’s side airbags that may not deploy during a crash, the National Highway Traffic Safety Administration reported Wednesday. Models affected are the 2010…