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.» Read More
American Axle & Manufacturing Holdings and the United Auto Workers have made progress in talks aimed at ending a seven-week strike at five U.S. plants, but talk of a tentative agreement remains premature, a company spokeswoman said Thursday.
Toyota Motor's 2008/09 operating profit is likely to fall by around a quarter, underscoring tough business conditions for Japanese manufacturers, the Nikkei business daily said on Thursday.
There are hook-ups that work, and hook-ups that don't. In the car business, there are many that fail to live up to their promise. Which has many people wondering if the partnership formed between Chrysler and Nissan will pay off for both companies. I think it will. In fact, it's a smart move for both companies.
Chrysler and Nissan Motor unveiled a production alliance on Monday that gives the U.S. automaker the small car it lacks and allows the Japanese company to stay in the competitive full-size U.S. pickup truck market.
I'm in Asia for the next two weeks, covering stories. One of them is the Beijing Auto Show and I hope to have some posts about that. Please look for them in the days ahead.
When I heard that Toyota is finally getting into the sports car business two thoughts jumped into my head. First: it's about time. Second: those who accuse me of fawning all over the Japanese automaker will have a field day.
General Motors, America’s largest carmaker, looks ready to drive off into the sunset. What’s the treatment for saving this sick Dow component
Figuring out how crash tests impact consumers is a tricky thing. Yes, if we see a model perform horribly, we'll talk about it and that model will likely see weaker sales. But when models improve, do we notice? What if they only rate as adequate?
The auto world may increasingly be steering itself towards doing business on the web, but at Ford, it's time to see if TV can still help shape the brand and image of a company. This week, Ford starts rolling out its "Drive One" marketing campaign, with TV spots hitting the airwaves. Ford execs are laying out the campaign for dealers at meeting in Las Vegas...
European corporate profits for the first quarter of 2008 are expected to hold up, but weaker economic growth resulting from the credit crisis and a stronger euro will take their toll on earnings later in the year.
Hyundai Motors, opened a $1 billion plant in China on Tuesday with partner Beijing Automotive, part of an aggressive expansion that could turn the mainland into its largest overseas market by 2010.
Also, the premeire trucking stocks, the best Cuba play and much more.
So I come back from vacation, and while I feel refreshed, I find most of the folks I deal with in the auto industry are tired, sluggish, and looking for a break. I can't blame them. This is a rough time in the car biz, and I don't think it will get better.
After several years of steady growth, even as the rest of the market slowed down, the luxury auto segment is finally hitting the brakes. I'm not surprised, nor should you be. In fact, I will not be surprised if the slower luxury sales last a while.
Toyota Motor on Wednesday challenged a claim by a former senior executive that Japan's government funded the development of technology that drives the market-leading Prius hybrid.
U.S. auto sales dropped 12 percent in March in a decline blamed on shaky consumer confidence, high fuel prices and concern that a housing market downturn could spread into a full recession.
New hope that the credit crisis is nearing an end sends stocks soaring as investors say good riddance to Q1. Also, the latest on Microsoft-Yahoo, Merck and Schering and more.
Automakers reported double-digit U.S. sales declines in March as demand for trucks and sport utility vehicles plummeted and consumers held back because of concerns about gas prices, the housing slump and tightening credit.
Independent truckers around the country pulled their rigs off the road and others slowed to a crawl on major highways in a loosely organized protest of high fuel prices.
There are some commonly held perceptions among car buyers that are getting tossed out the window right now. The biggest, in my opinion, involve the incentives dealers and automakers are rolling out to sell cars, trucks, and SUVs. So, with the March auto sales coming out, it seems appropriate to set the record straight.