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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Dozens of companies report earnings this week, and analysts surveyed by Thomson Reuters are anticipating lots of strong quarterly reports. Among those posting improved results should be Microsoft and Visa. However, likely to p…
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…
Toyota Motor is issuing another recall — this time it involves 740,000 cars and sports-utility vehicles in the U.S. and nearly 600,000 units in Japan to repair a seal on the vehicles’ brake master cylinder that may leak fluid …