Ford is recalling about 74,000 Ford Escape and Mercury Mariner crossover vehicles because the electronic hybrid system may overheat.» Read More
DETROIT— Cars that can talk to each other and almost drive themselves at freeway speeds are just two years away from the showroom, according to General Motors executives. The announcements were made Sunday at the opening of the Intelligent Transportation Society World Congress being held in Detroit this week.
DETROIT, Sept 7- General Motors Co will introduce in two years its first car that can communicate with other vehicles to help avoid accidents and ease traffic congestion, Chief Executive Mary Barra said on Sunday. Meanwhile, Internet search company Google Inc is working to develop fully autonomous vehicles.
NEW YORK— A look at New York Stock Exchange 10 most-active stocks at 1 p.m.:. Bank of America Corp. fell. 8 percent to $15.98 with 39,569,500 shares traded. Citigroup Inc. fell. 9 percent to $52.00 with 8,919,300 shares traded.
Ford Motor Co. fell$. 12 or. 7 percent, to $17.15. General Motors Co. fell$. 29 or. 8 percent, to $34.35. Honda Motor Co. fell$. 07 or. 2 percent, to $33.82.
SHANGHAI, Sept 5- Ford Motor Co will recall 191,770 cars in China from Friday to replace some parts after a quality watchdog found a fuel leak risk in the Ford Focus, the country's best-selling compact sedan.
DETROIT, Sept 5- A group of companies, including several large automakers, have joined a public-private research initiative to lay the groundwork for a system that wirelessly connects vehicles and helps smooth the flow of traffic, the University on Michigan said on Friday.
Ford Motor Co. fell$. 06 or. 3 percent, to $17.21. General Motors Co. fell$. 22 or. 6 percent, to $34.41. Honda Motor Co. fell$. 08 or. 2 percent, to $33.81.
Ford Motor Co. fell$. 20 or 1.1 percent, to $17.27. General Motors Co. rose$. 16 or. 5 percent, to $34.63. Honda Motor Co. fell$. 07 or. 2 percent, to $33.89.
Ford Motor Co. fell$. 03 or. 2 percent, to $17.44. General Motors Co. rose$. 05 or. 1 percent, to $34.52. Honda Motor Co. rose$. 04 or. 1 percent, to $34.00.
NEW YORK— A look at New York Stock Exchange 10 most-active stocks at the close of trading:. Bank of America Corp. rose. 1 percent to $16.11 with 54,981,400 shares traded. Ford Motor Co. fell 1.1 percent to $17.27 with 20,350,200 shares traded.
SAO PAULO, Sept 4- Automobile production in Brazil rose in August, though the slight gain looks unlikely to offset concerns over an industry crisis weighed by a sluggish local economy, weak consumer confidence and falling exports. Brazil's auto industry, which makes up a fifth of the country's manufacturing output, has slashed production this year as sales lag.
SAO PAULO, Sept 4- Automobile production in Brazil rose 5.3 percent and sales fell 7.6 percent in August from July, national automakers' association Anfavea said on Thursday. Compared with a year ago, auto output fell 22.4 percent and sales dropped 17.2 percent.
Ford Motor Co. rose$. 10 or. 5 percent, to $17.57. General Motors Co. rose$. 31 or. 9 percent, to $34.78. Honda Motor Co. rose$. 04 or. 1 percent, to $34.00.
Ford Motor Co. fell$. 13 or. 7 percent, to $17.47. General Motors Co. fell$. 33 or. 9 percent, to $34.47. Honda Motor Co. rose$. 19 or. 6 percent, to $33.96.
Strong demand in Ontario and parts of western Canada drove industry sales of 171,560 new vehicles in the month of August, up from 159,004 a year ago, said Dennis DesRosiers of DesRosiers Automotive Consultants.
One pro thinks Tesla is overvalued, but another thinks the stock will continue to move higher.
U.S. stocks closed mixed on Wednesday, coming off morning highs amid economic reports and central bank news.
WASHINGTON, Sept 3- New orders for U.S. factory goods posted a record gain in July and auto sales last month appeared to increase at their fastest annualized pace since early 2006, offering further bullish signals for the economy. "U.S. economic activity continues to improve," said Jennifer Lee, a senior economist at BMO Capital Markets in Toronto.
August auto sales were the highest for that month in more than a decade, with the industry selling at an annualized pace not seen since early 2006.
TORONTO, Sept 3- Ford Motor Co of Canada Ltd said on Wednesday that it was the country's top seller of new vehicles in the month of August, as sturdy truck demand helped it maintain leadership for a fifth consecutive month. Truck sales rose 33.3 percent, to 24,302 vehicles, while car sales dropped 31.8 percent to 2,523, said Chrysler, a unit of Fiat SpA.