Ford and General Motors want to recapture the luxury auto market, but Kelley Blue Book analyst Alec Gutierrez sees roadblocks ahead.» Read More
Ford Motor Co. rose$. 18 or 1.1 percent, to $16.16. General Motors Co. rose$. 37 or 1.0 percent, to $37.68. Honda Motor Co. rose$. 21 or. 6 percent, to $33.67.
SAO PAULO, March 30- Volkswagen AG has furloughed 4,200 workers at its second largest factory in Brazil for three weeks, a local union said on Monday, as disappearing demand forces carmakers in the country to manage excess capacity. As exports to Argentina have plunged and demand in Brazil hits its worst downturn in over a decade, VW is cutting a shift at the Taubate...
NEW YORK— A look at New York Stock Exchange 10 most-active stocks at the close of trading:. AT&T Inc. rose. 7 percent to $32.97 with 18,380,100 shares traded. Bank of America Corp. rose 1.4 percent to $15.52 with 69,493,200 shares traded.
Ford Motor Co. rose$. 25 or 1.6 percent, to $16.23. General Motors Co. rose$. 51 or 1.4 percent, to $37.82. Honda Motor Co. rose$. 22 or. 7 percent, to $33.68.
The $500 million plant will be Volvo's first car plant in North America. Volvo has been owned by Chinese automaker Geely Holding since 2010. It currently has two plants in Europe and two in China. Volvo CEO Hakan Samuelsson said the decision to open a U.S. plant highlights Volvo's long-term commitment to the U.S. market.
Ford Motor Co. rose$. 19 or 1.2 percent, to $16.17. General Motors Co. rose$. 43 or 1.2 percent, to $37.74. Honda Motor Co. rose$. 13 or. 4 percent, to $33.59.
Ford Motor Co. said Monday that the Lincoln Continental is coming back after a 13- year hiatus. A concept version of the full-size Continental will be shown at the New York auto show this week. Lincoln, Ford's luxury division, was founded in 1917 by Henry Leland, the former manager of General Motors Co.' s Cadillac division.
DEARBORN, Mich.— Elvis Presley had one; so did Clark Gable. Then the name vanished amid an invasion of newer luxury cars from Europe and Asia. And it's a nod to the importance of China, where customers know the Continental name and appreciate brands with a rich history.
NEW YORK, March 30- Ford Motor Co will resurrect the Lincoln Continental as its top-of-the line luxury sedan, betting the classic name will help rebuild the brand's image in the United States and China. Ford's Lincoln will unveil a prototype of the future Continental sedan on Monday ahead of the April 3-12 New York auto show, which will feature many of the...
NEW YORK, March 30- When General Motors Co takes the wraps off its new Cadillac CT6 on Tuesday the most important thing about the vehicle could be what is under its skin. The CT6, to be unveiled ahead of the April 3-12 New York auto show, is an expensive car aimed more at boosting Cadillac's brand image than sales volume. Automakers are under pressure in the United...
Ford Motor Co. fell$. 03 or. 2 percent, to $15.98. General Motors Co. fell$. 04 or. 1 percent, to $37.31. Honda Motor Co. fell$. 09 or. 3 percent, to $33.46.
Ford Motor Co. fell$. 01 or. 1 percent, to $16.00. General Motors Co. rose$. 03 or. 1 percent, to $37.38. Honda Motor Co. fell$. 24 or. 7 percent, to $33.31.
NEW YORK— A look at New York Stock Exchange 10 most-active stocks at the close of trading:. Bank of America Corp. fell. 7 percent to $15.31 with 71,575,800 shares traded. Chesapeake Energy Corp. fell 1.3 percent to $14.03 with 21,160,300 shares traded.
DETROIT, March 27- Ford Motor Co Chief Executive Officer Mark Fields made $18.6 million in salary and other compensation last year, below the $23.2 million that predecessor Alan Mulally received in 2013, the company said on Friday. Earlier this month, Fiat Chrysler Automobiles said its CEO, Sergio Marchionne, received 31.3 million euros. General Motors Co has...
DEARBORN, Mich.— Former Ford CEO Alan Mulally's compensation fell 5 percent to $22 million in his final year at the company, reflecting lower profits as the company invested heavily in new vehicles and plants. The company also announced that its annual meeting will be held May 14 in Wilmington, Delaware. As a result, he earned $1 million in salary compared with $2...
DETROIT, March 27- Ford Motor Co's Chief Executive Mark Fields made $18.6 million in salary and other compensation last year, which compares to $23.2 million for former CEO Alan Mulally in 2013.. For 2013, Fields made $10.2 million as COO. Mulally made $22 million in 2014 salary and other compensation.
Backed by cheap funding and a huge home market, mostly state-owned Chinese firms are snapping up overseas assets in a $391 billion shopping spree.
Ford Motor Co. fell$. 17 or 1.1 percent, to $16.01. General Motors Co. fell$. 03 or. 1 percent, to $37.35. Honda Motor Co. fell$. 36 or 1.1 percent, to $33.55.
*Chinese companies snap up $391 bln of foreign assets in decade. HONG KONG, March 27- ChemChina, which could soon face the task of integrating Italian tyre-maker Pirelli after its $7.7 billion bid, can take heart in the knowledge that Chinese buyers have made a decent fist of growing global brands in recent years. Success stories include the landmark 2004 purchase...
NEW YORK— A look at New York Stock Exchange 10 most-active stocks at 1 p.m.:. AT&T Inc. rose 1.4 percent to $33.08 with 15,921,300 shares traded. Alcoa Inc. fell. 1 percent to $12.96 with 21,345,400 shares traded.