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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In 2006, Ford dealers in Buffalo, N.Y., suffered from Rust Belt disease: Too many dealerships, too few customers.
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