Ford Motor Co posted a smaller-than-expected first-quarter loss and said it was on track to at least break even in 2011 and did not expect to seek U.S. government loans, sending its shares up as much as 20 percent.
IBT Staff Reporter
Apr 24, 2009
Stocks rose on Friday on better-than-expected results from companies including American Express and Ford as reassuring data on manufacturing and housing boosted hopes the recession is showing signs of abating.
IBT Staff Reporter
Apr 24, 2009
Wall Street was set for a modestly higher open on Friday as investors found bright spots in a slew of earnings results, including a smaller-than-expected loss from struggling Ford Motor Co.
IBT Staff Reporter
Apr 24, 2009
Ford Motor Co posted a smaller-than-expected first-quarter loss and said it was on track to at least break even in 2011 and did not expect to seek U.S. government loans, sending its shares up more than 22 percent.
IBT Staff Reporter
Apr 24, 2009
Ford Motor Co posted a smaller-than-expected first-quarter loss on Friday amid the auto sector downturn and said it was on track to at least break even in 2011 and did not expect to seek U.S. government loans.
IBT Staff Reporter
Apr 24, 2009
Ford Motor Co (F.N: Quote, Profile, Research, Stock Buzz) is expected to post a large first-quarter net loss amid the global economic downturn that has pressured results in the United States, Western Europe and other developed economies.
IBT Staff Reporter
Apr 24, 2009
If any of the big three U.S. automakers is forced to sell assets in a liquidation, their brands and patents may attract the most interest, while the manufacturing assets could be a tough sell.
IBT Staff Reporter
Apr 23, 2009
Ford Motor Co said Tuesday it expects first quarter results to be lower, but shares jumped on as analyst upgraded the firm citing a brighter future.
IBT Staff Reporter
Apr 22, 2009
Goldman Sachs upgraded the U.S. auto sector to
IBT Staff Reporter
Apr 22, 2009
U.S. manufacturing bellwethers Caterpillar Inc and United Technologies Corp reported on Tuesday that falling global demand for their big-ticket products battered first-quarter results.
IBT Staff Reporter
Apr 21, 2009
U.S. manufacturing bellwethers Caterpillar Inc and United Technologies Corp reported on Tuesday that falling global demand for their big-ticket products battered first-quarter results.
IBT Staff Reporter
Apr 21, 2009
Two U.S. manufacturing bellwethers, Caterpillar and United Technologies, said on Tuesday that falling global demand for big-ticket products battered their first-quarter results.
IBT Staff Reporter
Apr 21, 2009
General Motors Corp said on Monday it is telling about 1,600 salaried U.S. employees this week to leave by May 1 as it scrambles to reduce costs under a restructuring mandated by the U.S. government.
IBT Staff Reporter
Apr 20, 2009
Top auto executives projected sales growth of up to 10 percent this year in China, but this lone bright spot among the world's major car markets is also producing ambitious potential rivals to the global auto majors.
IBT Staff Reporter
Apr 20, 2009
Major Chinese auto group Chongqing Changan Auto Co is planning acquisitions overseas as it prepares to enter Europe and North America where the industry downturn has hit hard, its chairman said on Sunday.
IBT Staff Reporter
Apr 19, 2009
Volkswagen AG may have overtaken Toyota Motor Co to become the world's top-selling carmaker in the first quarter, thanks to government incentives that fueled demand in VW's major markets.
IBT Staff Reporter
Apr 17, 2009
Ford Motors shares were raise Monday after it planned to restructure its debt by 38 percent or $9.9 billion to bolster up its finance despite economic downturn and low demand.
IBT Staff Reporter
Apr 13, 2009
Ford has always been a forerunner in the market of full-size trucks and vans.In terms of strength and durability in heavy-duty vehicles,Ford outraces its competitors.
IBT Staff Reporter
Apr 10, 2009
As more and more car manufacturers offer both hybrid only cars (like the Prius) and hybrid versions of already popular cars (like the hybrid Honda Civic), more car buyers are looking to switch from their traditional gas-only cars to a hybrid.
IBT Staff Reporter
Apr 10, 2009
President Barack Obama, saying he was committed to a strong U.S. auto industry, announced on Thursday the government would buy 17,600 new fuel-efficient vehicles from ailing American automakers by June 1.
IBT Staff Reporter
Apr 09, 2009
President Barack Obama, saying he was committed to a strong U.S. auto industry, announced on Thursday the government would buy 17,600 new fuel-efficient vehicles from ailing American automakers by June 1.
IBT Staff Reporter
Apr 09, 2009
As automakers unveil smaller electric cars and hybrids at the New York International Auto Show this week, Volkswagen’s President and chief executive insists the industry not only should develop those vehicles, but also improve fuel-efficient gas and diesel models.
IBT Staff Reporter
Apr 09, 2009