US Car Sales Indicate Economic Recovery in August

US Auto Sales
Global carmakers reported robust sales growth in August, indicating improving consumer sentiment and demand by small businesses and contractors. Companies including Ford Motor Company (NYSE: F), General Motors Company (NYSE: GM), Honda Motor Co. (NYSE: HMC) and Toyota Motor Corporation (NYSE: TM) all reported major gains.
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2013 Ford Escape

Ford Recalls 2013 Escape Because Carpet Gets In The Way

Ford Motor Company (NYSE: F) joined Toyota in recalling cars because the carpeting got in the way. Ford is recalling 8,266 brand new 2013 Escape cars because the carpet can get in the way and make it hard to put on the brakes.
US Job Market

US Initial Jobless Claims Fall to 350,000, A 4-Year Low

The number of Americans lining up for new jobless benefits last week had its biggest decline in four years, the Labor Department said Thursday, but one-time factors such as fewer auto-sector layoffs than normal plus the July 4 holiday likely caused the sharp decline.
Auto Factory

June US Car Sales - Ford, GM, Chrysler Report Big Gains

Detroit?s carmakers saw strong June U.S. car sales with Chrysler Group LLC, a subsidiary of Italian Fiat SpA (Milan: F), reporting 20 percent year-over-year sales growth and Ford Motor Co. (NYSE: F) reporting more modest 7 percent sales gains.
 Ford to invest $400 mln in Kansas plant, create 3,750 jobs

Losses in Europe, Growth in US - Time For Ford To Leave Europe?

Ford Motor Company (NYSE: F) must be asking itself when the European automotive market becomes too toxic as sales in the region slump, the euro zone teeters on the brink of disaster and carmaker predicts European losses of close to $600 million in the second quarter.
General Motors assembly workers Monique Watson and Evetta Osborne install an electric battery on the underside of a 2011 Chevrolet Volt electric vehicle at the Detroit-Hamtramck Assembly plant in Hamtramck, Michigan

GM and Ford Pension Buyouts: Should You Take A Lump-sum Pension Buyout?

Last week thousands of retirees were suddenly faced by what for many would be the largest financial decision of their lives when both Ford Motor Company (NYSE: F) and General Motors Company (NYSE: GM) announced they would launch immense pension buyout plans unprecedented in the United States.


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