Ford CEO Alan Mulally and Executive Chairman Bill Ford, have been awarded $56.5 million and $42.4 million in stock, respectively, in recognition for the company’s stunning turnaround, which resulted in the automaker raking in $…
Toyota’s recent spate of quality woes have allowed competitors to steal sales from the beleaguered automaker. Ford is also catching up with Toyota in another important measure of auto industry success — consumers’ opinions of …
Swedish automaker Volvo is recalling 7,420 sedans and wagons to fix seats that may allow front passengers to move the seats too far forward, putting them at risk of injury in a crash, federal safety officials said Monday.
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VW has set a hefty goal for itself: to displace Toyota as the world’s No. 1 car company. The German automaker is actually within reach, thanks mainly to its huge lead in China. To overtake Toyota, however, VW will need to reall…
Although Honda and Toyota remain the benchmark of reliability in the U.S. automobile industry, General Motors has made considerable strides in improving the quality of its cars and trucks, according to the magazine’s 2010 Annua…