General Motors' premium Cadillac group is considering expanding its offices from Detroit to Manhattan.» Read More
Ford Motor Co. rose$. 05 or. 3 percent, to $17.46. General Motors Co. rose$. 08 or. 2 percent, to $34.61. Honda Motor Co. rose$. 67 or 2.0 percent, to $34.76.
DETROIT, Aug 21- General Motors Co's premium Cadillac group is considering expanding its offices from Detroit to Manhattan, GM said Thursday, as part of an effort to remake the brand's image and broaden its appeal outside North America under new boss Johan de Nysschen.
The action- which is not a safety recall aligned with U.S. safety regulators- is aimed at allowing all 2015 Fit cars to have the same, more robust front bumpers as cars made after June 9, when Honda changed the way they were produced, Chuck Thomas, chief engineer for vehicle safety at American Honda, said.
Ford Motor Co. rose$. 05 or. 3 percent, to $17.41. General Motors Co. fell$. 04 or. 1 percent, to $34.53. Honda Motor Co. rose$. 01 or percent, to $34.09.
DETROIT, Aug 20- Ford Motor Co plans to introduce a new hybrid gasoline-electric car in late 2018 to compete against the best-selling Toyota Prius, two sources with knowledge of the company's plans told Reuters on Wednesday. The sources said Ford eventually could offer several different body styles of the new hybrid, as Toyota does with the Prius.
Ford Motor Co. rose$. 01 or. 1 percent, to $17.37. General Motors Co. rose$. 07 or. 2 percent, to $34.64. Honda Motor Co. rose$. 04 or. 1 percent, to $34.12.
Hertz, Avis Budget Group Inc and market leader Enterprise Rent-A-Car control about 90 percent of the U.S. car rental market. And more so Hertz, than Avis, since cars are made by General Motors Co account for a bigger portion of its fleet.
Ford Motor Co. fell$. 03 or. 2 percent, to $17.33. General Motors Co. fell$. 11 or. 3 percent, to $34.46. Honda Motor Co. fell$. 06 or. 2 percent, to $34.02.
Hertz expects 2014 results to be "well below" its previous guidance due to business challenges and costs related to a review of the past three years' results, it said in a regulatory filing on Tuesday.
NEW YORK— The stock market rose for a third straight day Wednesday despite a report from the Federal Reserve that showed a growing chorus of central bank officials willing to raise interest rates sooner rather than later. In the bond market, prices fell and yields rose as investors prepared themselves for higher interest rates.
HONG KONG, Aug 20- Geely Automobile Holdings Ltd on Wednesday posted a 20 percent fall in first half net profit, hit by slowing sales at home as local brands fall out of favor and a drop in exports to major markets in eastern Europe and the Middle East.
DETROIT— The U.S. government is offering a free online service for drivers to find out if their vehicles have been recalled but not repaired. The National Highway Traffic Safety Administration said the service started Wednesday on its website, www.safercar.gov. Drivers can key in their vehicle identification number to get the results.
Ford Motor Co. fell$. 07 or. 4 percent, to $17.36. General Motors Co. rose$. 17 or. 5 percent, to $34.57. Honda Motor Co. fell$. 04 or. 1 percent, to $34.08.
WASHINGTON, Aug 19- NGK Spark Plug Co has agreed to plead guilty and pay a $52.1 million criminal fine over its role in a conspiracy to fix prices and rig bids for spark plugs and other automotive parts, the U.S. Department of Justice said on Tuesday.
Ford Motor Co. fell$. 04 or. 2 percent, to $17.40. General Motors Co. rose$. 05 or. 1 percent, to $34.45. Honda Motor Co. fell$. 07 or. 2 percent, to $34.05.
DETROIT, Aug 19- General Motors Co's website for owners of its vehicles recalled for faulty ignition switches has been expanded to include all 20 models involved, the automaker said.
Ford Motor Co. rose$. 12 or. 7 percent, to $17.43. General Motors Co. rose$. 56 or 1.7 percent, to $34.40. Honda Motor Co. rose$. 16 or. 5 percent, to $34.12.
Dollar General enters bidding for Family Dollar. Dollar General Chairman and CEO Rick Dreiling said during a conference call Monday that the company had expressed interest in combining with Family Dollar multiple times over the last few years.
Now, General Motors has an option on the 2015 Chevrolet Corvette that takes those worries away. The automotive website Edmunds.com says Hyundai and Mercedes offer "geofencing," a feature that sets a perimeter and then notifies the owner's smart phone if a car goes beyond it.
Former General Motors executive Bob Lutz shares his vision for the future automobile: a self-driving, battery-powered machine.