Volvo Cars: China's Geely preferred bidder for Ford unitOctober 28th, 2009 Volvo Cars says China's Geely preferred bidderSTOCKHOLM — Ford-owned Volvo Cars says China's Geely Group is the preferred bidder in the U.S. automaker's attempts to sell the Swedish unit.
Barclays Capital upgrades Ford to "Equal Weight" citing expectations for 3rd-quarter resultsOctober 20th, 2009 Barclays boosts rating for FordNEW YORK — A Barclays Capital analyst on Tuesday upgraded Ford Motor Co. to "Equal Weight" from "Underweight," citing expectations that the automaker's third-quarter results will beat Wall Street predictions.
German carmaker Audi sees September car sales fall 6.8 percent on yearOctober 9th, 2009 Audi September sales fall 6.8 percent on yearFRANKFURT — German carmaker Audi AG said Friday it delivered 6.8 percent fewer cars in September than a year earlier as the global downturn continued to affect demand, but noted it fared better than the wider market and saw gains in some regions. The Ingolstadt-based company, a unit of Europe's biggest carmaker Volkswagen AG, said it sold 88,600 cars for the month compared with 95,136 cars in September 2008.
Ford says US auto sales in Sept. fell 5.1 percent; clunker hangover hurts demandOctober 1st, 2009 Ford Sept. sales fall 5.1 percentDETROIT — Chrysler Group LLC reported a 42 percent sales drop last month, while Ford Motor Co. says its September sales fell 5.1 percent, revealing a tough hangover from this summer's Cash for Clunkers buying spree.
American families, looking to hold onto space but save money, switch to crossovers from SUVsSeptember 19th, 2009 Families 'cross over' to the smaller side of SUVsDETROIT — Suburban mom Shana Rampersad is looking for a new family car, and it's got to be fuel efficient, stylish and roomy. That eliminates sedans, sport utility vehicles and even minivans such as the Nissan Quest that's been carrying the Rampersads around New Jersey for years.
Cash-for-clunkers programme boosts US car salesSeptember 1st, 2009 WASHINGTON - The US government's popular cash-for-clunkers programme boosted car sales in August, but sales dropped sharply in the last week of the month as the scheme ended. On Tuesday, Ford Motor Co.
Clunkers boosts Ford sales 17 pct in Aug. while low supply of smaller cars weighs on ChryslerSeptember 1st, 2009 Clunkers boosts Ford sales; Chrysler sales fallDETROIT — The popular Cash for Clunkers program boosted Ford Motor Co.'s U.S. sales in August by 17.2 percent over last year, but shortages of smaller vehicles weighed on rival Chrysler Group LLC.
Clunkers boosts Ford Aug. sales 17 pct while low supply of smaller cars weighs on Chrysler, GMSeptember 1st, 2009 Clunkers boosts Ford sales; GM, Chrysler fallDETROIT — The Cash for Clunkers program boosted sales at Ford, Toyota and Honda in August as consumers snapped up their fuel-efficient offerings, but rivals Chrysler Group LLC and General Motors Co. withstood another month of falling sales.
Clunkers lift Ford, Toyota, Honda Aug. sales; low supply of smaller cars dampens Chrysler, GMSeptember 1st, 2009 Clunkers aid Ford, Toyota sales; GM, Chrysler fallDETROIT — The Cash for Clunkers program boosted sales at Ford, Toyota and Honda in August as consumers snapped up their fuel-efficient offerings, but rivals Chrysler Group LLC and General Motors Co. withstood another month of falling sales.
Ford to add hourly worker shifts at Michigan, Kansas plants to build trucks and crossoversAugust 27th, 2009 Ford to add shifts at plants in Michigan, KansasDETROIT — Ford Motor Co. said Thursday that it would add a third shift to production plants in Michigan and Missouri to meet increased demand for its F-150 trucks and Escape crossover vehicles.
Ford posts its first sales increase since 2007 on strong "cash-for-clunkers" trafficAugust 3rd, 2009 Cash for Clunkers boost Ford's July sales 1.6 pctDETROIT — Ford Motor Co. says July sales rose nearly 1.6 percent over the same month last year as the government's wildly successful "cash-for-clunkers" program gave the automaker a significant boost.
Ford's May sales fall 24 percent, but more car buyers chose only US automaker free from Ch. 11June 2nd, 2009 GM's May sales fall 30 pct., Ford's down 24 pct.DETROIT — General Motors Corp. said Tuesday its U.S.
General Motors says US sales fell 30 pct. in May from year ago, but better than in AprilJune 2nd, 2009 GM's May sales down 30 pct. but improvingDETROIT — A day after filing for bankruptcy protection, automaker General Motors Corp.
Indian vehicle sales continue to rise, growing 1.1 percent in April on passenger car demandMay 11th, 2009 Indian vehicle sales up 1.1 percent in AprilMUMBAI, India — India's vehicle sales continued to rise in April, growing 1.1 percent from the year before to 165,539 units, while exports surged, according to industry figures released Monday. Sales of passenger cars rose 4.36 percent, to 135,697 units, while commercial vehicle sales fell 11.25 percent, to 29,842 units, the Society of Indian Automobile Manufacturers said.
Ford says April sales fall 32 percent, gains retail market share on sales of FusionMay 1st, 2009 Ford April sales off 32 pct, gains market shareDETROIT — Record sales of its fuel-efficient Fusion helped Ford grab a bigger slice of the U.S. car market in April, even as its overall sales dropped 32 percent.
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