After Jimmy Fallon said he's thinking about buying a truck, four automakers have reached out to sell him one.» Read More
DETROIT, March 7- General Motors Co needs to get through its ignition-switch recall and the resulting federal investigation quickly to avoid any lasting damage to its brand, but the federal probe could keep the problem in the public eye for at least six months.
DETROIT, March 6- Ford Motor Co Chief Executive Alan Mulally was awarded performance bonuses for 2013 worth $13.8 million, the No. 2 U.S. automaker disclosed to U.S. regulators on Thursday.
DETROIT, March 6- Ford Motor Co Chief Executive Alan Mulally was awarded performance bonuses worth $13.8 million for 2013, the No. 2 U.S. automaker disclosed to U.S. regulators on Thursday. The shares were worth $13.83 million based on Thursday's closing price of $15.67.
GEELONG, Australia, March 6- Behind closed doors at City Hall, Geelong's eccentric mayor sits searching for an analogy to put into perspective the punishing job losses battering his city.
DETROIT, March 5- General Motors Co ratcheted up discounts in February on its full-size pickups, but it is telling Wall Street analysts that it intends to maintain premium pricing and margins on the trucks despite a drop in volume and market share.
Mar 4- Federal safety investigators said on Tuesday they have closed an investigation that could have let to a recall of about 1.6 million Ford Motor Co sedans and crossover vehicles.
Higher prices for new cars and relatively low rates for auto loans means Americans are borrowing a record amount to pay for their new rides.
Ford sales should rebound in March and April as U.S. fundamentals remain "very strong" says Ford COO, Mark Fields, also explaining that the group should return to profitability in Europe in 2015.
SEATTLE, March 3- Microsoft Corp on Monday put pugnacious pollster and political adviser Mark Penn in charge of strategy but left company watchers uncertain what exactly his new role will entail.
U.S. stocks declined on Monday on worries about Russian intervention in the Ukraine.
*GM, Ford, Chrysler, Nissan top sales expectations. *Toyota, Honda fall short of forecasts. While General Motors Co, Ford Motor Co and Chrysler Group all reported stronger-than-expected sales, the higher incentives raised concerns about industry profitability in the future.
TORONTO, March 3- Record-setting truck sales in Canada helped offset weaker demand for cars in February, automakers said on Monday, as Chrysler Canada reported a 10 percent jump in monthly sales.
*Toyota sales down 4 percent, missing expectations. *Chrysler, Nissan beat sales expectations. DETROIT, March 3- U.S. auto sales in February were slightly brisker than expected as hefty incentives lured customers into dealerships late in the month despite cold and snowy weather, raising concerns about industry profitability.
Some of Monday's midday movers:
*Toyota sales down 4 percent, missing expectations. *Chrysler, Nissan beat sales expectations. DETROIT, March 3- U.S. auto sales in February were slightly brisker than expected as hefty incentives lured customers into dealerships late in the month despite cold and snowy weather.
TORONTO, March 3- Ford Motor Co of Canada said on Monday that its sales slipped slightly in February, to 16,234 vehicles from 16,301 in the same period last year, as healthy demand for its trucks was more than offset by a sharp drop in car sales.
US car sales for February fell over last year, but beat expectations. Carmakers offered big rewards to those willing to brave the storms.
DETROIT, March 3- U.S. auto sales in February were more brisk than expected as hefty incentives lured customers into dealerships late in the month despite cold and snowy weather. General Motors Co raced past analysts' expectations, saying Monday that sales dipped 1 percent to 222,104 vehicles.
CNBC's Phil LeBeau has the latest sales numbers for Ford.
DETROIT, March 3- Chrysler Group and Nissan Motor Co each posted double-digit gains in U.S. A poll of 34 analysts by Thomson Reuters showed expectations that overall U.S. sales would be flat with a year earlier.