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…
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…
Automakers recalled more vehicles last year than in any of the last six years. And while Toyota Motors accounted for much of the growth, with problems including unintended acceleration and glitchy brakes, many other car manufac…
The United Auto Workers union has been bleeding members, with fewer than 400,000 at the end of 2009. With a purportedly more collaborative attitude, the group plans to unionize foreign auto manufacturers with factories in the U…