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Ford Predicts Quarterly S. American Loss
3/28/2013Ford Motor Co. will post a $300 million operating loss in South America in the current quarter compared with a $54 million profit a year earlier, according to Joe Hinrichs, president of the company's Americas unit.
Ford to Help Create More Accurate Fuel Economy Measures
3/27/2013Ford Motor Co. says it will work with software developers to create mobile and Web-based apps that give consumers real-world fuel economy numbers for cars and light trucks.
N. American Supplier Confidence Remains Stable
3/27/2013Automotive suppliers in North America are unsure whether to invest to meet higher demand or hunker down in anticipation of a global slowdown, according to the Automobile Supplier Barometer.
GM Targets $1 Billion in North American Savings
3/27/2013General Motors Co. aims to boost its adjusted North American earnings before interest and taxes to 10% of revenue by mid-decade from 7.4% in 2012, according to Chuck Stevens, CFO for the company's unit in that region.
Jeep Touts Off-Road Capabilities of Stylish Cherokee
3/27/2013It's perhaps the most styling Jeep ever.
Daimler to Book €2.7 Billion Gain on EADS Stake
3/27/2013Daimler AG says it will record a €2.7 billion one-time gain in the April-June quarter from a revaluation of its remaining 7.5% equity holding in Airbus maker European Aeronautic, Defence & Space Co.
Commercial Vehicle Sales in Europe Drop 13%
3/27/2013Registrations of new vans, trucks and buses across Europe slid to 114,800 vehicles last month from 131,000 units in February 2012, according to industry group ACEA.
Cadillac Goes Long with Its New CTS Sedan
3/27/2013Cadillac's new 2014 CTS sedan debuts a more sophisticated design phase for the General Motors Co. luxury car division.
Cadillac Aims for Big Sales Jump in China This Year
3/27/2013General Motors Co.'s Cadillac unit aims to increase deliveries in 2013 by as much as two-thirds in China and about one-third in America, says the brand's global chief Bob Ferguson.
U.S. New Home Sales Remain Strong
3/27/2013Builders sold new U.S. homes at an annual rate of 411,000 units in February compared with a revised 431,000 unit-pace in January, the Dept. of Commerce reports.