Auto News 5

Eyeing a better price, Ford Motor Co. is slowing down the bidding process for its Volvo car unit, the Wall Street Journal said, citing a person close to the company. Ford will wait for General Motors Co. Full story...

Lithia Motors Inc. posted $3.7 million in net income on revenue of $401.8 million in the second quarter of 2009, giving the Medford, Ore.-based auto retailer two consecutive quarters in the black. Lithia reported a $243. Full story...

Ford Motor Co. will use football and the Web to try to convince a new set of consumers that the Taurus is not the stodgy car they remember. Full story...

Ford Motor Co. will use football and the Web to try to convince a new set of consumers that the Taurus is not the stodgy car they remember. Full story...

Ford Motor Co. will use football and the Web to try to convince a new set of consumers that the 2010 Ford Taurus is not the stodgy car they remember. Ads for the re-engineered and restyled Taurus begin next week. Full story...

Family Ford that promises to revolutionise the MPV market takes its first steps.

Full story...

Ford affiliate Mazda Motor booked an operating loss of JPY28.0bn (US$295.8m; EUR209.5m), down from a JPY56.3bn profit last year, for the first quarter of financial year 2010. Full story...

Ford has confirmed its commitment to the FIA World Rally Championship by announcing its continued participation for the next two seasons. Full story...

Ford will begin exploratory cost cut talks with the Canadian Auto Workers (CAW) union in September. Full story...

The two previous generations of the Ford Mustang clearly took inspiration from the brand's prestigious history. The next-generation 2010 Mustang also reproduces several classic elements from the original pony, particularly the gaping, mean-looking grille up front. The result is a machine with some serious demeanor and visual bite that's ready to take on fresh new challengers... like, well, the Dodge Challenger! Full story...

Labor talks between Ford Motor Co. and the Canadian Auto Workers are scheduled to begin Sept. 8, the union said today, with the company aiming for cost cuts and the CAW looking for job and product commitments. Full story...

Standard and Poor's today changed its rating outlook on Ford Motor Co. to developing from negative, saying it may raise Ford's rating if losses continue to abate, though the risk of a downgrade is also significant. Full story...

Standard and Poor's today changed its rating outlook on Ford Motor Co. to developing from negative, saying it may raise Ford's rating if losses continue to abate, though the risk of a downgrade is also significant. Full story...

When Bugatti launched the Veyron, the world was a very different place. More people had money, for sure, and far more moneyed folk were happy to show the world what they could afford. Full story...

DEARBORN, Mich., July 23, 2009 - Ford Motor Company created a truly one-of-a-kind vehicle, the Mustang AV-X10 "Dearborn Doll," to be sold at auction during the Experimental Aircraft Association (EAA) 2009 AirVenture Oshkosh, the world's greatest aviation celebration. Full story...

Suppliers are a lot more interested in working with Ford of Europe and Volkswagen AG than they were in 2006, according to results of the 5th annual Automotive News Europe/SupplierBusiness OEM-Supplier Relations Study. Full story...

Suppliers are a lot more interested in working with Ford of Europe and Volkswagen AG than they were in 2006, according to results of the 5th annual Automotive News Europe/SupplierBusiness OEM-Supplier Relations Study. Full story...

Carl Edwards (Ford No 60) came from the end of the pack to lead the NASCAR Nationwide race held Saturday night at the O'Reilly Raceway Park bullring. Full story...

Dearborn, Michigan -- Only in today's shaky and high-stakes global auto industry, would burning through US$1 billion in cash be considered a "great" quarterly result. Full story...

Ford Motor Co. has enough cash to survive next year without outside help even if sales remain at today's 27-year lows, CEO Alan Mulally said. "Absolutely. We have sufficient liquidity," Mulally told Automotive News Thursday. Full story...