Despite pleas by two members of Congress, General Motors said it would proceed with plans to close hundreds of dealerships across the U.S.
Continue reading General Motors Says ‘No’ to Postponing Dealership Clos…
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.
…
Prices at the pump got a little more painful over the past two weeks as crude oil continues to rise. Oil has risen as a weak economy and expectations of further action by the Federal Reserve drive the dollar down.
…
Fueling up your car at a church seems like a novel idea. But the emergence of an electric car market has resulted in a charging station at the Wooden Cross Lutheran church some 25 miles northeast of Seattle.
C…