STOCKHOLM (Reuters) - The parent of China's Geely Automobile <0175.HK> has secured financing to buy Ford-owned Volvo cars for about 15 billion Swedish crowns ($2.10 billion), a Swedish business daily reported on Wednesday. Dagens Industri, citing sources, said that Chinese financial institutions ...
Ford launches Figo compact, hopes for cool entry into India's hot auto market Ford Motor Co. launched its first made-for-India compact car Tuesday, as the U.S. automaker continues its push into fast-growing Asian markets. The four-door Figo, Italian for "cool," is the ...
Auto giant Ford launched its bid to enter India's lucrative small car market on Tuesday, unveiling a brand new model to compete with international rivals from General Motors, Volkswagen and Hyundai. The Figo, which will be made at Ford's plant in the ...
Moody's raises TRW Automotive's debt ratings, citing 4Q profit and production uptick Moody's Investors Service on Thursday raised auto supplier TRW Automotive Inc.'s debt ratings and upgraded its outlook to positive after a stronger than expected fourth-quarter performance and improving automotive production ...
GENEVA (Reuters) - Global carmakers exporting from the euro zone ought to benefit from newfound weakness in the currency but auto executives at the Geneva Autoshow agree the 10-percent drop over the last three months is hard to handle. Luxury car marque ...
February US auto sales better than expected despite snow, Toyota; Ford bests GM Automakers plowed through a snowy February to better-than-expected sales, and new incentives led by beleaguered Toyota will keep the momentum going into spring. Despite some analysts' predictions of single-digit ...
DETROIT/WASHINGTON (Reuters) - U.S. auto sales stalled in February as a safety crisis sent Toyota Motor Corp <7203.T> <TM.N> reeling, allowing Ford Motor Co <F.N> to leap into the industry's top spot for the first time since 1998. To battle the fall-off ...
Ford Motor Co. overtook rival General Motors in US sales Tuesday as Toyota faltered amid a series of mass recalls and a congressional investigation into its safety standards. Toyota reported an 8.7 percent drop in February US sales to 100,027 vehicles, while ...
DETROIT (Reuters) - Ford Motor Co <F.N> posted a 43 percent surge in its February U.S. sales on Tuesday, outselling General Motors Co <GM.UL>, and also set higher second-quarter production targets for North America. Ford said it plans to build 595,000 vehicles ...
Ford Motor Co. surged ahead of rival General Motors Tuesday as it posted a 43 percent jump in February US sales which put the number two US automaker in sights of the number one sales spot. The gains come as Japanese rival ...
