Ford Motor Co. had its corporate credit rating raised by Standard and Poor's Ratings Service after the automaker reported its largest annual profit in 11 years.
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The Crest Automotive Group, owned by a Ford family in-law, has acquired the 50-year-old Bob Thibodeau Ford dealership in the Detroit suburb of Center Line, Mich.
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Alfa Romeo plans a rear-engine, rear-wheel-drive coupe that would become the brand's halo car.
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Alfa Romeo plans a rear-engine, rear-wheel-drive coupe that would become the brand's halo car.
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Ford's new supercar features V8 hybrid drivetrain and will take on McLaren and Ferrari - but cost less than both.
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Ford will fill its stable with 11 Mustangs at next month's Specialty Equipment Market Association show.
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Ford is on target to reduce net debt to zero by the end of the year, chief financial officer Lewis Booth said.
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Ford has to improve its balance sheet more before restoring common dividends that it canceled four years ago, Chief Financial Officer Lewis Booth said.
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In January 2008, the concept car for the Audi A7 Sportback was the star of the Detroit Auto Show. Starting tomorrow, the series production model will be available at European dealerships. It is intended as a particularly aesthetic alternative to a classic sedan for customers with an affinity for design. With a base price in Germany starting at E51,650, the A7 is affordably priced for customers who currently drive a model in the range of an A6. The A7 Sportback is initially available with a choice of three engines.
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This weekend, at Talladega, David Ragan's No. 6 NASCAR Sprint Cup Ford will have a brand new look.
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Ford has to improve its balance sheet more before restoring common dividends that it canceled four years ago, Chief Financial Officer Lewis Booth said.
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Ford will fill its stable with 11 Mustangs at this year's SEMA show in Las Vegas.
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Marin Burela, former CEO of Ford Australia, has been appointed CEO of Chang'an Ford Mazda Automobile (CFMA), effective 11 November 2010.
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Ford's C-Max now comes in two sizes and there will be hybrid and plug-in hybrid variants of the compact minivan. Ford launched the C-Max in Europe in 2003 as a five-seat minivan and has sold 847,857 units of the first-generation model.
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Oak Park, MI - Azure Dynamics Corporation, the fast growing hybrid electric and electric power train innovator for the commercial truck market, and Ford Motor Company of Canada, Limited, announced today that they will deliver one of the first Transit Connect Electric commercial vans to Canada Post under the LEAD customer program.
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It's not a hybrid but it gingerly sips fuel like one. The all-new Ford Fiesta isn't just fuel-efficient--it's also pretty cool.
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Honda Motor Co. and Toyota Motor Corp. dominate the list of most reliable 2011 models based on a survey by Consumer Reports magazine, with Ford Motor Co. tops among domestic automakers, and General Motors Co. posting notable gains.
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In today's News Brake: Dodge revives its 392 Hemi, Ford reports a record $1.7 billion profit, and an Underground Racing Lamborghini crashes at the Texas Mile . . . But Wait, There's More!
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Ford Motor Co. reported record third-quarter profits on Tuesday, raised its production forecast and said it will speed up steps to cut its debt.
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