Ford Motor Company earnings were 30 cents per share vs. an expected 48 cents. Executives pointed to $1 billion in cost increases for launching new vehicles.
A newly redesigned Audi A6 is introduced at the North American International Auto Show on Jan. 10, in Detroit, Mich.
GM cars sold better in December than November – up 8.5 percent – but all of the Big Three had a rough year. 2010 was the second-worst year for domestic car sales since 1982.
The Facebook campaign for the 2011 Ford Explorer illustrates how corporations increasingly rely on social media to reach consumers.
President Obama on Thursday made his fourth visit to a battery manufacturer since taking office. He's pouring money and political attention into an industry that's playing catch-up – but that is vital to the future health of the domestic auto industry.
Ford Motor Company is considering the elimination of its Mercury brand automobiles and SUV's.
Students from West Philadelphia make a viable 'X PRIZE' run against auto companies from around the globe. The potential prize: $7.5 million for the school and a 100 m.p.g. car for the world.
Other carmakers are also likely to ramp up production, a move that will help the wider economy.