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Ford Motor Co. reported a net profit of $2.3 billion in the second quarter, thanks to a one-time special gain. However, the automaker continues to lose money in its operations.
Ford said Thursday its net profit was the result of a $2.8-bil...
General Motors may stop building cars at a factory it owns with Toyota in California, known as NUMMI, following the Detroit-based carmaker's bankruptcy filing Monday, Bloomberg News reports.
The only GM product the plant builds i...
NEW YORK - A judge in the same New York City bankruptcy court where General Motors will file for Chapter 11 Monday has approved the sale of Chrysler assets to a group led by Italy's Fiat.
Judge Arthur Gonzalez approved the asset transfer sa...
The Obama administration's "Kennedy moment" of announcing high-minded new Corporate Average Fuel Economy (CAFE) standards of 39 miles per gallon for passenger cars and 30...
DETROIT - While General Motors filed bankruptcy on Monday, so too did its Saturn Corp., in a move that seems to set up Saturn for a buyer and, perhaps, to first cull its dealership network.
After Chrysler Group LLC detailed an all-encompassing, five-year business plan to a horde of analysts and the media Wednesday, most left the company's headquarters in Auburn Hills, Mich., wondering whether it was fair to judge the plan...
At Chrysler Group LLC's unveiling of its 5-year business plan at its headquarters in Auburn Hills, MI, today, CEO Sergio Marchionne laid to rest a few rumors about the new joining of Chrysler and Fiat S.p.A. One of them was the long-rumored ambition...
Outlining a 5-year plan to move Chrysler forward, managing partner Fiat S.p.A. will couple the Chrysler brand with Fiat's premium Lancia cars in some international markets.
"Lancia and Chrysler have many things in common," said Michael Manley,...
At a giant confab Wednesday to unveil its 5-year business plan, Chrysler Group LLC ended months of speculation by detailing how the Fiat 500 subcompact will be initially sold in the U.S.
The 500 - a runaway hit in Europe for Fiat S.p.A.,...
The original Jeep -- the Jeep Wrangler -- will serve as the anchor of the brand, the brand's keeper Mike Manley told the 400 media, dealers and analysts attending the meeting at which Fiat is rolling out Chrysler's five-year plan.
Special models...
