NHTSA says a heat shield in the car can rust, dislodge and cause the steering shaft to jam.» Read More
Ford Motor Co. rose$. 06 or. 3 percent, to $17.36. General Motors Co. fell$. 13 or. 3 percent, to $37.63. Honda Motor Co. fell$. 13 or. 4 percent, to $34.86.
NEW YORK— The National Highway Traffic Safety Administration says it is investigating steering problems in about 500,000 Ford cars. Ford Motor Co. says it will cooperate with the NHTSA on the investigation. Ford shares rose 17 cents to $17.47 in midday trading Friday.
July 11- Chrysler Group LLC said it would recall almost 900,000 sport utility vehicles to fix the wiring for vanity mirror lights in sun visors, to prevent short circuits. About 651,000 of the 895,000 vehicles being recalled are in the United States.
*Could push aluminum price to $2,500 per T- Japan industry body. TOKYO, July 11- Prices for aluminum could climb around a third to as high as $2,500 per tonne if more U.S. automakers start producing vehicles made from the metal, said the new head of Japan's aluminum industry body.
July 10- Germany's ZF Friedrichshafen said it was in early-stage buyout talks with U.S. auto parts supplier TRW Automotive Holdings Corp.. The companies did not disclose any financial details of the deal, but a Bloomberg report said ZF valued TRW at $11 billion to $12 billion.
Ford Motor Co. fell$. 11 or. 6 percent, to $17.33. General Motors Co. fell$. 21 or. 6 percent, to $37.76. Honda Motor Co. fell$. 51 or 1.4 percent, to $34.90.
NEW YORK— A look at New York Stock Exchange 10 most-active stocks at 1 p.m.:. Advanced Micro Devices Inc. rose 2.6 percent to $4.34 with 28,731,400 shares traded. Alcoa Inc. rose 1.1 percent to $15.86 with 15,807,700 shares traded.
Bloomberg, citing people familiar with the matter, reported earlier that TRW was in early-stage sale talks with German auto parts supplier ZF Friedrichshafen AG. ZF Friedrichshafen values TRW at $11 billion to $12 billion, although no specific price has been discussed, the Bloomberg report said.
July 10- U.S. auto parts supplier TRW Automotive Holdings Corp is in early-stage sale talks with Germany's ZF Friedrichshafen AG, Bloomberg reported, citing people familiar with the matter. ZF Friedrichshafen values TRW at about $11 billion to $12 billion, although no specific price has been discussed, a person familiar with the matter told Bloomberg.
Ford Motor Co. fell$. 12 or. 7 percent, to $17.31. General Motors Co. fell$. 33 or. 9 percent, to $37.64. Honda Motor Co. fell$. 60 or 1.7 percent, to $34.81.
DEARBORN, Mich.— Ford Motor Co. says it remains on track to make a profit in Europe next year despite the fragile economy. Ford hasn't earned a pretax profit in Europe since 2010, and it lost $1.6 billion in the region last year. Ford's sales are up 6.6 percent in Europe this year, outpacing the industry.
Added as an optional selection for Fiesta buyers during the model year, a new, three-cylinder, gasoline engine with turbocharger is so fuel thrifty, it makes the Fiesta the top gasoline-powered 2014 sedan in fuel mileage in the United States.
HONG KONG— Car sales in China cooled in June, with domestic brands falling further behind their foreign rivals in the world's biggest auto market, an industry group reported Wednesday. Auto sales growth in China has been steadily easing since 2009, when it peaked at more than 40 percent.
NEW YORK— Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and the Nasdaq Stock Market:. Ford Motor Co., down 21 cents to $17.11. Guess Inc., up $1.06 to $28.45.
The six cities, two counties and two water agencies have gone in together to buy 90 electric vehicles with the help of a $2.8 million grant from the Metropolitan Transportation Commission, a regional transportation agency, officials with the Bay Area Climate Collaborative said on Tuesday.
NEW YORK— A look at New York Stock Exchange 10 most-active stocks at 1 p.m.:. Advanced Micro Devices Inc. fell 1.5 percent to $4.20 with 18,636,100 shares traded. Bank of America Corp. fell 2.1 percent to $15.60 with 45,309,500 shares traded.
Ford Motor Co. fell$. 20 or 1.1 percent, to $17.13. General Motors Co. fell$. 12 or. 3 percent, to $37.32. Honda Motor Co. fell$. 18 or. 5 percent, to $34.99.
DETROIT, July 8- Ford Motor Co said on Tuesday it is recalling 100,610 vehicles in North America in six separate actions. About 83,000 of the recalled vehicles are in the United States and federalized territories, along with about 8,200 in Canada and 600 in Mexico, Ford said.
SHANGHAI, July 4- General Motors Co expects Cadillac sales in China to rise by at least 40 percent this year, as the U.S. carmaker steps up local production in a market key to transforming Cadillac into a global luxury brand, a senior executive said.
Ford Motor Co. rose$. 10 or. 6 percent, to $17.32. Honda Motor Co. fell$. 04 or. 1 percent, to $35.00. Toyota Motor Corp. fell$. 15 or. 1 percent, to $121.73.