by | Jan 27, 2011 | Towing
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…
by | Jan 27, 2011 | Towing
Ford is recalling more than half a million minivans to repair parts that could corrode and affect vehicle handling. The action involves Ford Windstar minivans from the 1999 to 2003 model years that were sold in cold-weather are…
by | Jan 24, 2011 | Towing
Toyota managed to hold onto the title of world’s No. 1 automaker last year, despite numerous safety recalls that took a toll on its sales. Toyota sold 8.42 million vehicles worldwide in 2010, enough to barely edge out resurgent…
by | Jan 21, 2011 | Towing
With U.S. automotive dominance waning, a new moniker has emerged: the “Detroit Three.” Still, don’t count out Ford, GM or Chrysler. Their post-recession future looks strong, thanks to some agonizing restructuring. Now, they can…
by | Jan 19, 2011 | Towing
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…