Less than two years after they exited bankruptcy, Chrysler Group and General Motors will soon distribute bonuses to salaried employees in recognition of their efforts to help revive the once-flagging Detroit automakers. The pay…
The Japanese automaker’s bottom line is likely to have been hit by its many safety recalls, weaker U.S. sales and Japan’s rising currency. Analysts forecast Toyota will report a quarterly profit of about $1 billion on sales of …
Faulty interior door handles may allow the doors to pop open during a crash. The recall involves F-150 pickups from the 2009-10 model years equipped with chrome interior door handles.
Continue reading Ford Reca…
The world’s largest automaker is looking to reduce managerial staff at its sales headquarters in Torrance, Calif., by offering workers a buyout.
Continue reading Toyota Offers California Employees Buyouts to Sl…
General Motors sales rose 21.8% in January compared to a year ago on strong sales across its lines of passenger cars, “crossover” vehicles and trucks, the automaker said Tuesday. Each of the automaker’s four divisions recorded …