Ford earns $20.2B in ’11; 4Q called ‘weak’
Ford Motor Co. reported $20.2 billion in net income for 2011 today — its best year since 1998 - as its results were boosted by a one-time tax adjustment.
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Ford Motor Co. reported $20.2 billion in net income for 2011 today — its best year since 1998 - as its results were boosted by a one-time tax adjustment.
San Francisco— California air regulators passed Friday sweeping auto emission standards that include a mandate to have 1.4 million electric and hybrid vehicles on state roads by 2025.
Washington — The day after a congressional hearing into a fire in crash-tested Chevrolet Volt, General Motors Co. acknowledged that sales of the car had been hurt by bad publicity.
Washington- The National Highway Traffic Safety Administration is upgrading an investigation into nearly 390,000 Jeep Liberty SUVs for reports of inadvertent air bag deployments.
Detroit — In a local radio interview aired Friday morning, President Barack Obama talked about national needs, including bringing jobs back to the United States, continued investment in research and technology and more cooperation from a bickering, politically obsessed Congress.
Washington — The Washington Auto Show in recent years has featured politicians riding to Detroit’s rescue or debates over fuel economy standards.
No matter who wins the Republican nomination, President Barack Obama has a ready-made issue to pound every time he visits Michigan, Ohio and Indiana: the bailout billions used, he’ll say, to resuscitate General Motors and Chrysler.
The financial crisis in Europe is adding new urgency to General Motors Co.'s attempt to turn around its money-burning Opel unit.
Chrysler Group LLC CEO Sergio Marchionne will announce the addition of a third shift at the company's Belvidere Assembly Plant in Illinois next week, adding approximately 1,100 new jobs at the factory to support production of new vehicles based on the same platform as the recently unveiled Dodge Dart, according to people with direct knowledge of the company's plans.
A New York-based battery company that won a $118 million federal grant filed for bankruptcy protection Thursday — as scrutiny in Congress over the Obama administration’s green investments has grown.
The Fiat-Chrysler group is in intense negotiations with the Guangzhou Automobile Group on a possible joint venture to produce Jeeps in China, for the Chinese market.
Washington —General Motors North America President Mark Reuss said Thursday that sales of the extended-range electric Chevrolet Volt have been hurt by bad publicity.
San Francisco— The head of California's air quality board on Thursday called proposed rules that would require automakers to build less-polluting cars and trucks by 2025 a historic move for a cleaner environment.
Volkswagen AG, Europe's biggest carmaker, may bring the new version of its iconic VW Microbus to the U.S. as it aims to boost sales of VWs and Audis to 1 million in the nation by 2018.
What: The 2012 North American International Auto Show
When: Press preview days Jan. 9-10; industry preview days Jan. 11-12; public show Jan. 14-22
Where: Cobo Center, Detroit
Hours: 9 a.m. to 10 p.m. daily except Jan. 22, which has a 7 p.m. close
Tickets: $12 adults, $6 seniors 65 and older, $6 children 7-12; children 6 and younger free. Available at www.naias.com or at the door.
Charity preview: Jan. 13. Tickets $250, $240 of which is tax deductible. Call (888) 838-7500 or order online
Photo galleries:
Detroit may be edging ever closer to the financial abyss, but don’t tell that to Dan Gilbert. His bullishness on The D is palpable. - 01/27/2012
American manufacturers found themselves lauded as winners for a change at this year's Detroit auto show, especially when investors looked at Europe's... - 01/25/2012
Skyactiv is not merely an engine or a transmission; it’s a philosophy, a way of living, or at least driving. - 01/26/2012
Being a transport pioneer is not as tough as it was in the horse-drawn wagon days, but it does have its challenges. - 01/26/2012
Neil Winton Nikola Tesla was a brilliant scientist and a major but unsung player in the development of electrical power in America. Tesla Motors of Palo Alto, California, the wannabe... Read More
Scott Burgess I’m not sure what the success of this particular ad campaign has been, but the Jaguar at play ads do a number of things pretty well. First, they show how sharp... Read More
Scott Burgess The all-new 2013 Porsche Boxster is set to be shown at the Geneva Motor Show in March will arrive with a new look, new underpinnings, a longer wheelbase, wider track and a... Read More
The Detroit News' autos team
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