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Bleeding cash and with its very survival uncertain, Ford Motor Co., an icon of American automaking, will try to import some of its success from across the Atlantic. ...more
July 25, 2008
Chip Ganassi shocked the NASCAR industry when he shut down Dario Franchitti's unsponsored race team, putting last year's IndyCar Series champion and 71 other employees out of work. That it happened to Ganassi, a multi-car owner who six weeks ago won the Indianapolis 500, was a wake-up call to every team owner not named Childress, Gibbs, Hendrick or Roush. ...more
July 16, 2008
When Ford Motor Co. came out with its new Edge crossover in 2006, the company hoped the trucklike vehicle built on a car frame would attract longtime Ford buyers trading in their inefficient sport utility vehicles. ...more
July 15, 2008
Faced with a continuing plunge in pickup and sport utility vehicle sales, Ford Motor Co. on Friday tried to deal with the mess by delaying production of the new F-150 pickup and announcing further factory cuts. ...more
June 21, 2008
The Toyota Camry and Corolla sedans each outsold the traditionally top-selling Ford F-series truck in May, a sign of the rapid shift in customers' preferences from trucks and SUVs to small cars that is forcing painful production cuts and plant closures at General Motors Corp. and Ford Motor Co. ...more
June 4, 2008
American automakers have been making the shift to more fuel-efficient vehicles, but consumers have been making the move even faster - to hybrids and high-mileage models made overseas. Gas prices have accelerated the move away from trucks and sport utility vehicles at a furious pace, leaving the Big Three at the most critical crossroads in 30 years. ...more
May 31, 2008
Ford Motor Co. is cutting North American production of pickups and SUVs as car buyers seeing record gas prices turn toward more fuel-efficient models. The automaker says it no longer expects to return to profitability by 2009 and didn't rule out layoffs and plant closings. ...more
May 23, 2008
DETROIT - Ford Motor Co. says it is cutting North American production for the rest of the year as high gas prices and the weak economy depress its sales. ...more
May 22, 2008
Ford Motor Co.'s top manufacturing executive says the company will save money with a new contract ratified last weekend by the Canadian Auto Workers, even though it doesn't include a lower-tier pay scale for new hires. ...more
May 6, 2008
General Motors, Ford and Chrysler saw double-digit U.S. sales declines, but Toyota's sales edged up 3 percent in April, as high gas prices accelerated consumers' rush away from trucks and sport utility vehicles. ...more
May 2, 2008
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