Ford is recalling more than 202,000 cars, vans and trucks in North America in five separate recalls to fix gas leaks, air bag sensors, stalling and other issues. The company says the problems have caused one accident, but it’s not aware of injuries in any of the cases.
The biggest of the…
Ford Motor delivered quarterly earnings that surpassed analysts’ expectations on Friday, but revenue was light. After the earnings announcement, the company’s shares rose about 2 percent in premarket trading.
The company posted third-quarter earnings excluding items of 24 cents per…
Expensive, gas-slurping, big SUVs are back, July auto sales figures show, as more Americans begin to feel financially secure. That’s a huge boost to automakers’ bottom lines. Big SUVs are Detroit’s most profitable vehicles, and they sold for elevated prices in July — an…
Ford Motor bounced back from its bleak first quarter, beating analysts’ estimates with second-quarter profit, excluding one-time items, of $2.6 billion, or 40 cents per share, the automaker announced Thursday. That topped the 36 cents analysts forecast.
The company’s $2.6 billion…
The United States stock market had overcome some unexpected roadblocks during the first quarter. The troubles started at the beginning of the year as the frigid winter came in and froze the economy and the temporary talk of the return of the Cold War as the relations between USA and Russia came…
The year has been a tough one for the United States, many Americans are still struggling despite the news of a reviving economy, but a tough pickup truck straight out of Detroit was named Monday as the leader of the American-Made index.
The second place was given out to Toyota Camry. Although…
According to the latest survey by Fortune magazine the four greenest brand names belong to automakers, led by Ford, while some of the other largest brands, Google, Amazon and Facebook have not even made it to the top 50 list.
Ford, the brand that offers several hybrid models and electric cars…
The Ford Motor Company had reported their first quarter earnings late last month. The company announced that the $0.25 per share earnings had missed the forecasted earnings estimate by analysts that was marked to be $0.31 per share. This was announced after Ford had released their report for…
Ford Motors has said the current CEO Alan Mulally will be retiring from his position on July 1 and will be replaced by the long-time Ford executive Mark Fields, who currently the COO of the company.
Mark Fields had been in line for the job of the company CEO ever since Ford created the COO post…
The American companies doing business in Latin America as facing tough times as the currencies throughout the region lose their value. The economic outlook of Latin American countries like Mexico and Argentina have devalued through the years.
Ford was the most recent company that took a hit by…
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