U.S. stock index futures drifted ahead of the open Wednesday, taking a pause after the major indexes secured strong gains at the close Tuesday, on the back of better-than-expected existing-home sales data.
When Ford announced the CEO Alan Mulally made nearly $18 Million last year, I was surprised when I got a few e-mails from people suggesting he made too much money.
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Ford Motor President and CEO Alan Mulally made $17.9 million last year, about 1 percent more than the previous year, as the company struggled through the worst U.S. auto sales market in decades, the AP reported.
This is what happens when you combine pent up demand, a slowly improving economy and the most generous incentives we've seen since Cash for Clunkers.
For the second time this week, Investigators from Toyota and the National Highway Traffic Safety Administration have found nothing wrong with a Prius the driver blamed for suddenly accelerating.
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Three years after Alan Mulally vowed to make Lincoln a world-class brand again, the Ford division surged into second place in the J.D. Power Vehicle Dependability Study.
Shares of Ford Motor surged to a five-year high Wednesday after a ratings agency upgraded the automaker's debt and said Ford has the potential to improve its finances even further.
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The challenges facing new GM CFO Chris Liddell could not be any bigger. Two months into his job at the country's largest auto maker he's trying to steer a company from money-losing post bankruptcy status to profitable future as a publicly traded company.
Bailed-out auto company General Motors has a reasonable chance of being profitable this year, and it plans to repay its government loans as soon as possible, CFO Chris Liddell told CNBC Wednesday.
The central bank can’t touch these companies, Cramer says. Neither can the Democratic majority in Washington or the bubble-conscious Chinese, for that matter.
Continental Airlines is ending free hamburgers, barbecue and sandwich rolls for many of its passengers in favor of a food-for-sale program that mirrors what other carriers are already doing.
It seems like a case of Deja Vu. Another Monday press conference in California where Toyota's technical staff will refute a claim about sudden acceleration.
Investigators with Toyota and the federal government were unable to make a Prius speed out of control as its owner did on a California highway, casting doubt about the driver's account.
Responding to a request from the House Oversight Committee for clarification about allegations from an ex-Toyota attorney, the Japanese auto maker sent a letter on Friday to Rep. Edolphus Towns.
What started as a week filled with hope and promise for Toyota executives is ending with a thud. That thud is the sound of more legal cases and investigations being filed or launched against the Japanese automaker.
Federal safety regulators, who allowed auto companies to voluntarily install event data recorders on their vehicles a few years ago, are now looking into whether the systems should be required, the head of the National Highway Traffic Safety Administration said on Thursday.
A top government auto safety official tells Congress that his agency may need more authority to regulate the auto industry.