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Moody's upgrades Ford debt
Wednesday, May 23, 2012
Six years ago, Ford lost billions when SUV sales stalled. It borrowed billions, and put up factories and its famous trademark as collateral. After a major restructuring, the automaker has earned an investment-grade rating from Moody's.
Moody's raises Ford back up to investment grade
Tuesday, May 22, 2012
The carmaker survived the recession by selling all its assets back in 2006, and now it's able to get it all back.
Democrats campaign on auto bailouts
Wednesday, May 16, 2012
Vice President Biden is in Ohio to tell voters the bailouts brought back jobs to the state.
Toyota introduces an electric RAV4, again
Monday, May 7, 2012
Toyota partnered with high-end electric carmaker Tesla to unveil the new RAV4 EV in Los Angeles today. Surprisingly, sales expectations are low.
Auto workers no longer have that old-time safety net
Tuesday, May 1, 2012
Auto workers' cushy health benefits and pensions were once the envy of the working world. Now those workers are just like everyone else.
Chrysler's profits drive ahead
Thursday, April 26, 2012
Sales are up about 40 percent over last quarter. Chrysler's CEO may have something to do with it, say analysts.
Auto supply chain takes a hit in Germany
Thursday, April 19, 2012
A key component for building cars both here and around the world has has been nearly decimated by an explosion a couple of weeks ago in Germany.
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Hybrid vehicle owners rev down
Tuesday, April 10, 2012
Only a little more than a third of hybrid vehicle owners decided to buy another hybrid in 2011, according to a new study.
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Car companies come roaring back
Tuesday, April 3, 2012
March sales were up at General Motors, Chrysler and Toyota. But as the industry gets back up to speed, engineers aren't so easy to find.
Auto profits ride on cuts as much as sales
Tuesday, April 3, 2012
U.S. automakers see profits on modest sales because they've already slashed expenses.
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