Archive for the ‘Industry’ Category
Ford to invest $1.15 billion in Brazil
Ford Motor Co. plans to invest 2 billion reais ($1.15 billion) in Brazil through 2015, most of it on a plant in the northeastern Bahia state, to expand production and ...
GM says its U.S. share may rise for 4th straight month
General Motors Co.’s U.S. market share may rise for the fourth straight month in November, the automaker’s chief sales analyst said today, the Automotive News reported.
Mike DiGiovanni, executive director of ...
GM to present Opel restructuring plan in Dec
U.S. carmaker General Motors Co. will present a new viability plan for Opel in mid-December as it aims to reduce capacity across Europe by about 20 percent, a top executive ...
Toyota’s image under scrutiny
For years, Toyota Motor Corp. has investigated complaints from drivers saying their Toyota and Lexus vehicles accelerated all by themselves, and the company has identified essentially one cause, The Detroit ...
GM global VP to personally call buyers who returned a vehicle
General Motors Co.’s vice president for global engineering will spend the next few evenings calling customers who bought a GM vehicle and returned it during the company’s “May the best ...
Kentucky Ford plant to build Explorer one more year
Ford Motor Co.’s Louisville (Ky.) Assembly Plant will make its last Explorer a year from now when the plant shuts down for a renovation to rig it for production of ...
GM must pay debt, make money before IPO
General Motors Co. should focus on making money and repaying U.S. Treasury loans before turning to public markets to sell the taxpayer’s stake in the automaker, a senior government official ...
House panel OKs Ford ILC amendment
The House Financial Services Committee approved an amendment sponsored by Rep. Gary Peters, D-Bloomfield Twp., on Wednesday that would allow Ford Motor Co. to pursue its application for an industrialloan ...
Camaro is muscling in on top spot of Mustang
The new Chevrolet Camaro is fast approaching its longtime rival, the Ford Mustang, as Detroit’s muscle car sales leader, the Detroit Free Press reported.
The Camaro outsold the Mustang by more ...
Ford says Fiesta campaign exceeded its expectations
Ford Motor Co.’s social media-driven Fiesta Movement campaign has exceeded the company’s expectations, the Dearborn automaker’s top marketing executive said Wednesday, the Detroit Free Press reported.
In April, Ford brought 100 ...
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