Ford Plans to Add 7,000 U.S. Jobs

In another sign the auto industry is on a comeback, Ford Motor (F) reportedly will announce plans Monday to add 7,000 jobs to its U.S. workforce during the next two years in a variety of positions.

The plan includes the addition of 4,000 blue-collar j…

Auto Dealers Are Upbeat on U.S. Sales for 2011

The nation’s leading trade association for car dealers says it now sees industry sales of nearly 13 million vehicles this year, topping last year’s by 12%. The rise is attributed to pent-up demand, loosening credit and a rising…

December Auto Sales: Set to End 2010 in High Gear

The economy may be less robust than most Americans would like, but that didn’t stop many of them from hitting the showrooms in December. That likely propelled auto sales in the final month of 2010 to 1.13 million units, the yea…

Bullish Analysts Give General Motors Shares a Boost

GM’s stock price rose as much as 2.5% in trading Tuesday after several brokerage houses began coverage of the stock, with several issuing upbeat initial ratings and hefty price targets. GM still faces a hard road forward, but W…