Ford's first quarter profit grows on strong results in North America
DETROIT, MI - Ford Motor Co.'s net profit grew to $1.6 billion in the first quarter of 2013, an increase of $215 million over the year-ago period. In an earnings release, the automaker credited strong...
View ArticleMichigan road funding: Proposal calls for higher fees on electric, hybrid...
House Republicans working to answer Gov. Rick Snyder's billion dollar road funding question are considering a new part of the equation: Increased registration fees for electric and hybrid vehicles.The...
View ArticleLive blog: Ford CEO Alan Mulally discusses automaker's first quarter results
The first quarter of 2013 market the 15th consecutive quarter of profitability for Ford Motor Co.AP File PhotoDETROIT, MI - The first quarter of 2013 marked the 15th consecutive quarter of...
View ArticleLive blog recap: Ford remains strong in North America; Europe is a challenge
Here are some first quarter performance highlights from Ford Motor Co.’s conference call with analysts and investors Wednesday morning10. Ford Explorer (courtesy image)Here are some first quarter...
View ArticleDetroit Electric's SP:01 sports car a hit in Shanghai
The upstart, revived car maker based in Detroit was a hit at the Shanghai Auto Show last week where it displayed its new SP:01 all-electric two-seat sports car. The car caught attention for its claims...
View Article20 photos: GM gives Lansing first look at 2014 Cadillac CTS
"In our line of work, you're only as good as the product you're building," said Lansing Regional Plant Manager Tony Francavilla.LANSING, MI — Lansing-area media and dignitaries got their first look at...
View ArticleGM wants tough punishment for Detroit-area couple convicted of sending trade...
General Motors Co. wants a long prison sentence next week for a former employee and her husband who were convicted of stealing hybrid vehicle technology for potential use by competitors in China.GM's...
View ArticleHonda recalls almost 46,000 Fit Sports
DETROIT, MI - Honda is recalling almost 46,000 of its Fit Sport cars in the U.S. and Canada because of a problem with the electronic stability control system, according to the Detroit Free Press. Model...
View ArticleLive blog: Chrysler's profit plummets in first quarter
DETROIT, MI - Chrysler Group's net income fell to $166 million in the first quarter of 2013, compared to $473 million in the year-ago period. The company will host a conference call with investors,...
View ArticleGM prices 2014 Corvette Stingray under $52,000
General Motors Co. said Friday the Stingray coupe, which debuted January in Detroit, will start at $51,995, and the Corvette Stingray Convertible will start at $56,995. Both prices are about $1,400...
View ArticleOfficial: Detroit Grand Prix race track ready after embarrassing problems,...
Charles Burns, general manager of the event, said all the problems, including chunks of the track being unearthed, have been fixed.STERLING HEIGHTS, Mich.- Drivers should not have any complaints about...
View ArticleAutopalooza 2013: Detroit Grand Prix starts summer of automotive-filled...
The Detroit Metro Convention & Visitors Bureau (DMCVB) and the MotorCities National Heritage Area announced the Autopalooza 2013 lineup, which includes numerous cruises, car shows and races,...
View ArticleAnalysts: Detroit automakers, industry to experience double-digit sales gains...
Automakers, including the Detroit Three, are expected to sell more than 1.3 million vehicles this month, which would mark the best April sales in five years.DETROIT- Analysts are predicting a pretty...
View ArticleGM begins production of 2014 Silverado in Mexico; Flint production to begin...
The 2014 version of GM's best-selling U.S. vehicle began production in Silao, Mexico. Production is slated to begin in Fort Wayne, Ind. and at the Flint Assembly plant later this year.GM unveiling the...
View ArticleCobo Center hard hat tour reveals outside balcony dinning space, marble...
The $279 million capital improvement project is on schedule to the completed and on budget. The construction was 53% complete at the end of March and is on track to be finished by January 2015,...
View ArticleRam Truck leads Chrysler to best April sales in six years
April sales for Chrysler Group LLC were on par with many analysts' expectations. The Auburn Hills-based automaker sold 156,698 cars and trucks last month, an 11 percent increase compared to sales in...
View ArticleFord: New vehicles, F-Series drive April sales up 18%
The Dearborn-based automaker Tuesday reported it sold 212,584 vehicles last month, led by its new vehicle offerings and best-selling F-Series pickup trucks.DEARBORN- Ford Motor Co. experienced a...
View ArticleGM: April sales up 11% as all brands experience growth
General Motors Co. sold 237,646 vehicles in the United States in April, up 11 percent compared with a year ago.General Motors headquarters are shown in Detroit, Thursday, Nov. 18, 2010. AP File...
View ArticleNissan cuts prices on 7 U.S. models
The price cuts vary with the amount of equipment on each model. They run from 2.7 percent, or $580, on the top-selling Altima midsize car to 10.7 percent, or $4,400, on the Armada big SUV. Executives...
View ArticleBest-selling Detroit Three vehicles of April 2013
General Motors Co., Ford Motor Co. and Chrysler Group LLC each experienced double-digit sales increases last month compared to the same time last year.DETROIT- It was clear skies for the Detroit Three...
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