The Big Three automakers continue to lose market share in the United States but are regaining ground in Canada, Scotia Economics says in its latest Canadian Auto Report. U.S. sales by the Big Three have declined by six percent so far this year, reducing their market share to 59 percent...
The National Highway Traffic Safety Administration (NHTSA) announced yesterday plans to investigate Ford Motor Co. for a defect in a cruise-control switch related to a recall from January. More than 3.7 million Ford pickups and SUVs are involved in the recall, including Ford F-150 pickups from the 1995 to 1999...
General Motors Corp.'s efforts to accelerate cuts to its salaried workforce helped the company's stock rebound on Monday, a day when GM was one of the few automotive stocks to increase. GM is trying to cut up to 2,000 salaried positions in the first half of the year through early-retirement...
A federal judge ruled Wednesday that a lending affiliate of the Ford Motor Co., the second biggest U.S. automaker, discriminated against black customers by charging them higher rates on car loans.
William Clay Ford, the last surviving grandson of Henry Ford, plans to retire from the Ford Motor Co. Board of Directors after nearly 57 years, the company announced Wednesday. Ford, who turns 80 Monday, is the father of chairman and CEO Bill Ford and has been on the board for...
At many union halls in Michigan, signs on parking lots still warn that foreign-made cars "will be towed away at owner's expense." So why is Governor Jennifer Granholm of Michigan pushing so hard to close a sweetheart land deal with Toyota?
At many union halls in Michigan, signs on parking lots still warn that foreign-made cars "will be towed away at owner's expense." So why is Governor Jennifer Granholm of Michigan pushing so hard to close a sweetheart land deal with Toyota?
Ford Motor Co, the second-largest U.S. automaker, and Delphi Corp, the world's largest auto-parts company, asked the U.S. International Trade Commission yesterday to lift duties on steel imports from Brazil, Japan and Russia. Executives from the two companies joined their automotive industry peers at a hearing in Washington, saying the...
A $2.5-billion investment from General Motors to strengthen its Ontario operations was hailed by politicians and labor leaders alike Wednesday as a move that makes Canada a bigger player on the global automotive map.
Ohio is still a battleground state. This time it's for the right to be deemed as Ohio's best automotive investment. Recently, both General Motors Corp., the world's largest automaker, and Honda of America Manufacturing Inc., Ohio's No. 1 producer of cars and trucks, have spent thousands marketing their credentials. Last...
