Renault Brazil has announced a US$550m investment here for the 2010-2012 period. It is the third automaker, in less than a month, after Ford ($2bn) and Volkswagen ($3bn), to boost investment in the Brazilian market.
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Ford's EcoBoost (direct petrol injection with turbocharger) engine technology is migrating across the Atlantic to Europe and is set to make its debut in the automaker's S-Max and Galaxy MPV (minivan) models at the 2010 Brussels Show on 13 January.
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Zhejiang Geely Holding Group aims to conclude the acquisition of Ford Motor Co.'s Volvo unit in early 2010. "The Volvo deal sees no more hurdles," a source told Reuters.
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Geely aims to conclude the acquisition of Volvo in early 2010. "The Volvo deal sees no more hurdles," a source said. "It is expected to be done before Chinese New Year." Chinese New Year starts on Feb. 14.
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Zhejiang Geely Holding Group aims to conclude the acquisition of Ford Motor Co.'s Volvo unit in early 2010. "The Volvo deal sees no more hurdles," a source told Reuters.
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Ford Motor Co., which posted a nearly $1 billion third-quarter profit that surprised Wall Street analysts, will reinstate merit pay increases for U.S. salaried workers in 2010, a spokeswoman said.
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The US trade authorities have protested against Japan's nine-month-old scrappage scheme following complaints from Ford, GM and Chrysler that it discriminates against imported cars.
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Revised models on way as firm’s new look debuts
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Ford is not planning for a big sales gain in 2010 but will likely boost vehicle production if business is better than expected, chairman Bill Ford has said.
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Japan's decision to exclude foreign automakers from its cash-for-clunkers program is part of a broader effort by the Japanese government to discourage imports, a Ford Motor Co. executive said in a recent interview.
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Japan's decision to exclude foreign automakers from its cash-for-clunkers program is part of a broader effort by the Japanese government to discourage imports, a Ford Motor Co. executive said in a recent interview.
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Ford increased its new-car sales in its main European markets by 19.8 percent in November, marking the company's sixth consecutive monthly volume increase and resulting in a 9.
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Ford Motor Co. is not planning for a big gain in North American sales for 2010 but will likely boost production if business is better than expected, the company's chairman said.
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Ford Motor Co. is not planning for a big gain in North American sales for 2010 but will likely boost production if business is better than expected, the company's chairman said today.
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Investors are beginning to show renewed interest in the automotive industry after months of near-frozen credit markets, bankruptcies and plummeting stock prices. In the last month, Ford Motor Co.
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Toyota Motor will begin selling "affordable" plug-in hybrid cars in 2011 to challenge General Motors and the Renault-Nissan alliance in the race for the lead in the field of rechargeable cars.
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Toyota Motor Corp. will begin selling "affordable" plug-in hybrid cars in 2011, upping the ante on General Motors Co. and Nissan Motor Co. as they aim to take the lead in the field of rechargeable cars.
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Toyota Motor Corp. will begin selling "affordable" plug-in hybrid cars in 2011, upping the ante on General Motors Co. and Nissan Motor Co. as they aim to take the lead in the field of rechargeable cars.
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The leadership of the UAW is set to meet this week to name Bob King as the preferred candidate to succeed retiring President Ron Gettlelfinger, two people with knowledge of the plan said.
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