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Ford Will Add Small-Engine Output in Ohio
2/21/2013Ford Motor Co. confirms that it will begin making 2.0-liter EcoBoost engines in Ohio by the end of next year.
Ford Paid $6.7 Million to Lure Marketing Exec from Toyota
2/21/2013Jim Farley received a $1.5 million signing bonus and $1 million of options and restricted stock when he left Toyota Motor Corp. in October 2007 to become Ford Motor Co.'s chief marketing officer.
McLaren P1 Hybrid Rated at 903 hp
2/21/2013McLaren Automotive Ltd. says its P1 hybrid supercar will deliver 903 hp and 664 lb-ft of torque.
Record Defaults in Brazil Halt Growth in Auto Loans
2/21/2013Auto lending in Brazil was flat last year as bankers restricted loan availability because defaults reached all-time highs, Dow Jones Newswires reports.
Suzuki Unveils 78-mpg Car
2/21/2013Suzuki Motor Corp.'s 2014 Alto minicar, which boasts a Japanese fuel economy rating of 33 km/liter (77.6 mpg), is the world's most fuel-efficient gasoline-powered car, The Nikkei reports.
Suzuki Unveils 78-mpg Car
2/21/2013Suzuki Motor Corp.'s 2014 Alto minicar, which boasts a Japanese fuel economy rating of 77.6 mpg, is the world's most fuel-efficient gasoline-powered car, according to The Nikkei.
Manufacturing Woes Deepen Tesla Loss
2/21/2013Electric car maker Tesla Motors Inc. posted a net loss of $90 million for the fourth quarter of last year compared with an $82 million loss in the same period of 2011.
Geely to Build R&D Center with Volvo in Sweden
2/21/2013Zhejiang Geely Holding Group Co. and its Volvo Cars unit are establishing a joint R&D facility in Gothenburg, Sweden, to develop modular architectures for both companies.
Fed Divided on Continued U.S. Economic Stimulus
2/20/2013Several of the Federal Reserve's policy makers are questioning whether the central bank should continue its monthly purchases of $85 billion in Treasury bonds and mortgage securities.
Volvo, Geely Plan Global R&D Center in Sweden
2/20/2013Zhejiang Geely Holding Group Co. and its Volvo Cars unit are establishing a joint R&D facility in Gothenburg, Sweden, to develop modular architectures for both companies.