Most major automakers reported weaker than expected U.S. sales for June, proving yet again that the industry's pain hasn't ended. But there are some glimmers of hope.
The Obama Administration will lend Tesla Motors $465 million to build an electric sedan and the battery packs needed to propel it. It's one of three loans totaling almost $8 billion that the Department of Energy awarded Tuesday to spur the development of fuel-efficient vehicles.
Ford Motor Co. will receive nearly $5.9 billion in U.S. government loans to spur development of more fuel-efficient vehicles, the Obama administration said Tuesday.
One road to regulatory reform runs through Detroit and Utah -- and there are signs the ride could get bumpy.
For much of the last year, Ford Motor has been the strongest U.S.-based automaker.
Despite unprecedented turmoil in the auto industry General Motors, Chrysler LLC and Ford Motors all reported auto sales that, while still anemic, were much better than expected.
With General Motors' Chapter 11 filing, Ford Motor stands alone among Detroit's Big Three in dodging a shareholder-crushing government bailout. If the car market continues to slide, that may be a short-lived accolade. If not, it's a testament to the carmaker's hard work, smart financial planning and competent management.
General Motors has been a member of the Dow Jones industrial average for nearly 84 years. But it's likely only a matter of time before the company is kicked out.
Ford Motor Co. announced Monday a plan to sell 300 million shares of its common stock in a public offering to help meet funding requirements for retirees' health benefits.
Over the decades, I've interviewed dozens of automotive engineers; engine engineers, transmission engineers, chemical engineers, tire engineers, etc. But never have I interviewed an engineer quite like Ford's Cristina Rodriguez.
Most major automakers reported weaker than expected U.S. sales for June, proving yet again that the industry's pain hasn't ended. But there are some glimmers of hope.
The Obama Administration will lend Tesla Motors $465 million to build an electric sedan and the battery packs needed to propel it. It's one of three loans totaling almost $8 billion that the Department of Energy awarded Tuesday to spur the development of fuel-efficient vehicles.
Ford Motor Co. will receive nearly $5.9 billion in U.S. government loans to spur development of more fuel-efficient vehicles, the Obama administration said Tuesday.
One road to regulatory reform runs through Detroit and Utah -- and there are signs the ride could get bumpy.
For much of the last year, Ford Motor has been the strongest U.S.-based automaker.
Despite unprecedented turmoil in the auto industry General Motors, Chrysler LLC and Ford Motors all reported auto sales that, while still anemic, were much better than expected.
With General Motors' Chapter 11 filing, Ford Motor stands alone among Detroit's Big Three in dodging a shareholder-crushing government bailout. If the car market continues to slide, that may be a short-lived accolade. If not, it's a testament to the carmaker's hard work, smart financial planning and competent management.
General Motors has been a member of the Dow Jones industrial average for nearly 84 years. But it's likely only a matter of time before the company is kicked out.
Ford Motor Co. announced Monday a plan to sell 300 million shares of its common stock in a public offering to help meet funding requirements for retirees' health benefits.
Over the decades, I've interviewed dozens of automotive engineers; engine engineers, transmission engineers, chemical engineers, tire engineers, etc. But never have I interviewed an engineer quite like Ford's Cristina Rodriguez.
U.S. auto sales plummeted again in April, but automakers said conditions were stabilizing and that the market is getting closer to a recovery.
Have you ever heard of someone having their car "totaled"? While the word might conjure images of a massive car accident, replete with broken glass and the Jaws of Life, the reality is sometimes far removed.
Stocks rallied Friday after Ford, Microsoft and American Express reported results that met or topped analysts' expectations.
Ford Motor reported a narrower-than-expected loss for the first quarter Friday, and its CEO said he is confident the company will not need the same kind of federal bailout that is keeping its U.S. rivals alive.
General Motors' stock price has been stuck in reverse as investors seem to be betting that bankruptcy is inevitable.
U.S. auto sales tumbled sharply in March, although officials with some of the companies said they hope the worst of the downturn is behind them.
A strange and impressive sight currently greets drivers zooming over the Vincent Thomas span bridge across the sprawling California ports of Los Angeles and Long Beach.
Ford is the only major U.S. carmaker that is getting by without U.S. taxpayer money.
Ford Motor Co. and General Motors Corp. introduced incentive programs Tuesday designed to lure car buyers worried about losing their jobs.
Ford is preparing to sell an electric car developed almost entirely by an outside supplier. While that may cut down on bragging rights - General Motors created the Chevy Volt in-house - Ford says it also cut down on costs and risk.
Ford is ahead of rivals GM and Chrysler in restructuring its debt and winning concessions from labor unions.
Ford has put its two Detroit rivals on the spot. Chrysler and General Motors are already on the hook to the U.S. government for some $18 billion between them, and pleaded for more last month.
U.S. auto sales plunged 41% in February, the latest sign of trouble for the battered industry.
Tracy Dupire of Worthington, Indiana, loves to drive her 2002 Ford Mustang convertible with the top down when the weather is nice. She's always had an American car and hopes she always will.
Ford Motor Co. will introduce its first all-electric vehicle in 2010, but it will be intended for business owners - not families. The electric Transit Connect, a small van, will be offered in "select" U.S. Ford dealerships.
Auto sales tumbled 38% in January, plunging even more than expected to their worst levels since 1982 as a pullback in purchases by rental car companies became the latest problem for the troubled industry.
Ford Motor reported that its ongoing losses soared in the fourth quarter, but the company reiterated it still does not need the federal bailout already received by its two U.S. rivals.
Ford wants to roll out a fleet of hybrid and plug-in cars over the next several years, but it does not want to go down the road General Motors is taking with the Chevrolet Volt.
Detroit automakers are no longer in the driver's seat when it comes to their own recovery. The U.S. economy is.
There's never been a better time to buy a car. On the other hand, there's never been a scarier or more confusing time, either.
It looks like the annual Detroit auto show won't be the wake next week that everybody is expecting.
Some Florida amusement park visitors may enjoy space-themed roller-coasters, but the first vehicle they board at Orlando International Airport may be the most futuristic ride of their vacation.
Shares of General Motors and Ford Motor took a dive on Tuesday after ratings agencies issued bleak outlooks for the U.S. auto industry.
Ford Motor may not be facing an immediate cash crisis like its U.S. rivals, but the company primarily looks good only by comparison to General Motors and Chrysler LLC.
The fate of General Motors and the rest of the Big Three may soon be decided in Washington.
Wall Street recharged the rally Tuesday afternoon at the end of a volatile session as investors welcomed signs that the automakers might get a bailout after all.
The chief executives of Ford and GM joined their Chrysler counterpart Tuesday in agreeing to accept salaries of $1 a year if Congress comes through with a bailout for the automakers.
A profitable U.S. auto industry just around the corner? Given the crisis hitting the industry, it sounds about as realistic as flying cars.
Automakers are counting on a rebound in demand by 2010. But that could turn out to be unrealistic because of an "auto bubble" the Big Three helped to create during the past few years.
A profitable U.S. auto industry just around the corner? Given the crisis hitting the industry, it sounds about as realistic as flying cars.
Ford Motor reported a $3 billion quarterly operating loss on Friday and said it would reduce staff and capital spending in order to preserve its dwindling cash.
The case for a bailout of U.S. automakers came under sharp scrutiny on Tuesday at a congressional hearing that portrayed the Big Three as both short-sighted in their business strategies and central to the economy.
A profitable U.S. auto industry just around the corner? Given the crisis hitting the industry, it sounds about as realistic as flying cars.
The heads of the three leading U.S. automakers met with the congressional leaders Thursday to discuss a possible bailout - one day before General Motors and Ford Motor are expected to report sizable quarterly losses and reveal painful cost-cutting measures.
Each November, auto-industry reps descend on the L.A. Auto Show with flashy displays, loud music and stylish new cars.
Stocks slipped Tuesday as recession fears trumped a new government and mortgage industry plan to help troubled homeowners.
Stocks rallied and bonds slumped Thursday as investors welcomed a stronger dollar, weaker oil prices and upbeat earnings from Ford Motor and Apple.
Ford Motor (F) ranks no. 7 on FORTUNE's list of America's largest corporations.
The following stocks were among the most actively traded on Monday morning:
What would you do if $581 million of your family's fortune had been vaporized in just 5 1/2 years? That's a question that Bill Ford and the other 46 fourth- and fifth-generation members of the Ford...
Ford Motor Co. reported the largest annual loss in company history Thursday, as the embattled automaker posted a fourth-quarter loss that was much worse than analysts' expectations.
Stocks surged Wednesday morning, as investors welcomed a better-than-expected read on economic growth, a mixed read on housing and some company news from Pfizer and Ford Motor.
Stocks jumped Wednesday morning as investors welcomed an improved reading on gross domestic growth and some company news from Pfizer and Ford Motor.
Here are some stocks that were moving in late trading Wednesday:
Few of us have the means to write a check for the full amount of a new - or even used - vehicle.
Ford Motor ranks no. 9 on FORTUNE's Global 500 this year, with $177.2 billion in revenues, up 2.9% from the previous year. The Dearborn, Michigan-based company was ranked no. 8 on the 2005 list. Its 2005 profits were $2.0 billion, down 42% from a year earlier. 2005 was a banner year for most Global 500 companies.
Ford Motor's sales fell in March as demand for its sport utility vehicles slumped, while rival DaimlerChrysler's sales rose on the strength of its luxury brand.
Stocks could get a lift Monday from some good corporate news, including labor agreements and merger talk.
Stocks could get a chill from higher oil prices in early trading Monday.
When Bill Ford Jr. took to the airwaves in 2002 to pitch his company's cars, profits got an immediate boost. In October, Ford Motor reported a $284 million loss for the third quarter. Now Bill's ba...
An upturn in oil prices could overcome some positive corporate news to send stocks lower when markets open Thursday.
As any pop song or cheesy reality TV show will tell you, some winners fade fast and some losers find redemption -- eventually.
A Ford Motor Co. unit will pay $700,000 to settle Securities and Exchange Commission charges that it falsely promoted corporate debt as a money market account.
Techs slipped and the broader market was mixed Monday, as Ford Motor's warning helped trigger worries about the first big week of quarterly earnings.
Auto dealers financing cars through a division of Ford Motor Credit have been discriminating against African-American and Hispanic customers by charging them higher interest rate mark-ups than others, according to an announcement by the Consumer Federation of America.
When the economy turned down, a number of companies moved to cut costs by reducing or even eliminating how they matched their employees' contributions to 401(k) pension plans.
INDEX TO THE FORTUNE 500 AND THE FORTUNE 1,000
They haven't all been called up yet. But the six people on this page--as well as our cover subject, Robert W. Smith III--all work for FORTUNE 500 companies while also serving as reservists in the a...
Bill Ford Jr. heard the bad news after lunch on a sleety February afternoon a year ago. There had been an explosion at Ford Motor's Rouge plant, the historic complex of belching smokestacks and tow...
Popular images of e-business often convey a sense of the near impossible: A terrified underling babbles when his boss asks about the Web; a panicked sales team whispers about losing to rivals onlin...
If you haven't been paying much attention to Lincoln Mercury (and why would you, given the bulky, blue-haired Town Cars and Grand Marquis the division has traditionally put out?), you've missed the...
The tide in what appeared to be a jobless recovery has turned. Companies will be hiring more in the first quarter of 1995 than in any first quarter in six years, according to a survey of 15,000 bus...
The mystery of who'll take over for Lee Iacocca as CEO of Chrysler is apparently solved (for more, see Autos). Little noticed in all the hubbub surrounding Chrysler's announcement is the fact that ...
Traditionally, auto lenders have charged all borrowers the same interest rates. But over the past year, GMAC, Ford Motor Credit and other big lenders have started offering lower rates to car buyers...
MOST OF the Bush Administration's suggestions for overhauling the banking system look comfortably familiar. Save one: allowing industrial companies to buy banks. Opponents worry that this idea will...
Bristol-Myers, Coca-Cola, General Motors, Exxon, Ford Motor, Citicorp, J.P. Morgan, and many other corporations have signed up as partners of the National Black MBA Association in a drive to persua...
Why have Du Pont, Ford Motor, 3M, and Johnson & Johnson raised their quarterly dividends? Some companies increase the payout when a raider lurks, but that's not the case with these big boys. ''We'r...
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