The pressure is on for those earnings to support the market's current valuations, after weeks of choppy trading.» Read More
Today's vehicles are generally better than ever—both in terms of initial defects and long-term reliability. So what's with all the recalls?
General Motors Co. fell $1.37 or 4.1 percent, to $31.93. Honda Motor Co. rose$. 42 or 1.3 percent, to $33.74. Toyota Motor Corp. rose $1.50 or 1.5 percent, to $104.89.
NEW YORK— Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq Stock Market:. JPMorgan Chase& Co., down $2.10 to $55.30. The Gap Inc., down 89 cents to $38.40.
NEW YORK— A look at New York Stock Exchange 10 most-active stocks at the close of trading:. AT&T Inc. rose. 2 percent to $35.20 with 34,303,500 shares traded. Alcoa Inc. fell 1.3 percent to $12.54 with 44,879,300 shares traded.
Ford Motor Co. rose$. 18 or 1.2 percent, to $15.81. General Motors Co. fell$. 56 or 1.7 percent, to $32.74. Honda Motor Co. rose$. 49 or 1.5 percent, to $33.81.
Companies making headlines Friday.
DETROIT— U.S. safety regulators have decided against seeking a recall of Ford F-150 pickup trucks after investigating complaints about reduced power in EcoBoost engines. The National Highway Traffic Safety Administration says it closed a probe started in May.
BEIJING— China's growth in auto sales decelerated further in March and local brands lost market share in the face of intense foreign competition, an industry group reported Friday. Sales rose 7.9 percent to 1.7 million vehicles, according to the China Association of Automobile Manufacturers.
Ford Motor Co. fell$. 03 or. 2 percent, to $15.82. General Motors Co. rose$. 19 or. 6 percent, to $33.81. Honda Motor Co. fell$. 57 or 1.7 percent, to $33.62.
TOKYO— Toyota has developed an efficient gasoline engine using technology fine-tuned with gas-electric hybrids, in which the Japanese automaker is an industry leader. Toyota Motor Corp. said Thursday the engine will be rolled out in 14 models this year and next year.
Ford Motor Co. fell$. 26 or 1.6 percent, to $15.84. General Motors Co. fell$. 91 or 2.6 percent, to $33.62. Honda Motor Co. rose$. 43 or 1.3 percent, to $34.19.
SAO PAULO, April 9- Ford Motor Co opened a 400 million reais engine factory in northeastern Brazil on Wednesday, ramping up potential output even as many warn of excess capacity weighing on profits in the country's auto industry. Ford has announced 4.5 billion reais of investments in Brazil from 2011 to 2015 as it brings local offerings up to global standards.
NEW YORK— A look at New York Stock Exchange 10 most-active stocks at the close of trading:. AT&T Inc. fell 1.0 percent to $34.92 with 29,859,800 shares traded. Alcoa Inc. rose 3.8 percent to $13.00 with 47,961,300 shares traded.
Ford Motor Co. fell$. 21 or 1.3 percent, to $15.89. General Motors Co. fell$. 76 or 2.2 percent, to $33.77. Honda Motor Co. rose$. 35 or 1.0 percent, to $34.11.
General Motors Co., which has been struggling with the impact of its massive ignition switch recall, took another hit Wednesday when a Morgan Stanley analyst said the company may fall behind in a major industry shift. The analyst lowered his earnings estimates to well-below market consensus and dropped his price target on GM's stock to $33 from $49.
For the second year in a row, Ford has claimed the title of selling world's most popular car.
Ford Motor Co. rose$. 07 or. 5 percent, to $16.01. General Motors Co. fell$. 13 or. 4 percent, to $33.98. Honda Motor Co. fell$. 83 or 2.4 percent, to $33.61.
Steve Beshear said Monday he wants Kentucky to be as synonymous with the auto industry as Detroit. The Democratic governor announced the formation of the Kentucky Automotive Industry Association to promote Kentucky as an automotive hub. Board members include representatives from Toyota, Ford, General Motors and various automotive supply companies.
MOSCOW, April 8- Russian car sales were flat in March from a year earlier, a lobby group for the industry said on Tuesday, showing some sign of stabilisation after two months of falls. Car sales have been falling as Russia's economy falters and people delay making large purchases, and they are expected to remain weak this year.
Chevrolet Equinox and GMC Terrain from the General Motors Co were the only vehicles to earn the highest rating of "good" in the test, according to results released by the Insurance Institute for Highway Safety on Tuesday.