DETROIT, July 28- U.S. and Canadian dealers on Monday began ordering 2015 Ford Motor Co F-150 pickup trucks, which are lighter than earlier models, priced higher and include additional standard features, the company said. The XL base price will be $26,615 including destination charges, and the XLT will begin at $31,890.» Read More
TOKYO— Nissan's quarterly profit rose nearly 37 percent, helped by a favorable exchange rate and healthy sales in North America and China. Nissan's vehicle sales grew in the robust North American market, on solid demand for the Rogue crossover and the Altima sedan, offsetting shaky Japan, where a rise in the consumption tax dampened sales overall.
YOKOHAMA, Japan, July 28- Nissan Motor Co posted a 13.4 percent rise in April-June operating profit from a year earlier as Japan's second-biggest car maker saw improved sales in the United States after it changed senior management overseeing operations there.
NEW YORK— Nissan is recalling more than 226,000 additional vehicles over a defective air bag that has affected much of the global auto industry. Faulty air bags have already been blamed for the recall of millions of cars around the world in recent years, including those made by BMW, Chrysler, Ford, Honda, Mazda and Toyota.
If you get a recall notice in the mail, it will tell you just about everything you need to know, including these six things.
DETROIT, July 26- Nissan Motor Co has expanded by 226,326 vehicles a recall of older models equipped with defective air bags made by Japan's Takata Corp, Nissan said in an amended filing posted Saturday by U.S. safety regulators.
DETROIT, July 25- A former Ford Motor Co engineer is being investigated by the FBI after listening devices were found in meeting rooms at company offices, the automaker said on Friday. "Ford initiated an investigation of a now former employee and requested the assistance of the FBI," said Susan Krusel, a Ford spokeswoman.
July 25- Japan's Mazda Motor Corp will broaden a recall of cars sold in the United States because an air-bag inflator, supplied by Japan's Takata Corp, could rupture and seriously injure occupants. The issue of ruptured inflators- which can hurl metal shrapnel at vehicle occupants- has bedeviled Takata and triggered the recall of millions of vehicles last year.
FOX LAKE, Ill., July 25- The news about deadly crashes linked to a faulty ignition switch, followed by wave upon wave of recalls, did not bode well for General Motors dealers earlier this year. It conjured visions of worried, frustrated drivers pouring onto lots like Raymond Chevrolet, outside of Chicago.
James Albertine, Automotive Vice President at Stifel Nicolaus, explains why he has a "hold" call on Ford Motor and General Motors.
SAO PAULO, July 24- General Motors Co wants to put nearly a fifth of its workers at a factory in Brazil on paid leave, an auto workers union said on Thursday, amid falling output in Latin America's largest economy. General Motors put 940 workers at the same factory on paid leave in 2012, and the union said 598 of them were later fired.
NEW DELHI, July 25- Software engineer Sanjay Bhatnagar used to watch a new Bollywood movie every week with his family, but now goes to the cinema once a month as spiraling costs of food and other staples eat into his budget for non-essentials.
FRANKFURT/ DETROIT, July 24- Ford Motor Co and General Motors Co said on Thursday the crisis in Ukraine has exacerbated a sales slowdown in Russia, but the carmakers said they were on track to turn around their European operations after years of economic instability on the Continent.
DETROIT, July 24- U.S. auto sales in July will be the strongest for the month since 2006, and rise 9 percent from last year, automotive industry consultants J.D. Power and LMC Automotive predicted on Thursday. Consumers were expected to spend about $36 billion on new vehicles in July, said John Humphrey, senior vice president at J.D. Power.
CNBC's Andrea Day has the story on car theft rings targeting high-end brands, which send vehicles to countries in West Africa where demand is high and supply is low.
CNBC's Phil LeBeau reports the earnings from General Motors, Ford, American Airlines and Southwest.
MILAN/ LONDON, July 24- PSA Peugeot Citroen and Fiat Chrysler denied a Financial Times report on Thursday that the companies were preparing a merger to create the world's fifth-largest carmaker.
CNBC's Phil LeBeau speaks to Bob Shanks, Ford Motor Company CFO, about the automaker's better-than-expected profits and performance in Europe.
CNBC's Phil LeBeau breaks down the quarterly performance of General Motors and Ford Motor Company. LeBeau says Ford reported a record $2.44 billion quarterly profit in North America.
CNBC's Phil LeBeau talks with General Motors CFO Chuck Stevens about GM's Q2 results and the $400 million fund the company set aside for the ignition switch recall. Ultimately the cost of the program will be independently determined by Ken Feinberg, says Stevens.
DETROIT— Recall expenses chopped $1.5 billion from General Motors' bottom line in the second quarter, as it added up the costs of repairs for nearly 30 million cars and set aside funds to compensate victims of small-car crashes. Without one-time items GM would have made 58 cents per share, equaling Wall Street's expectations, according to data provider FactSet.