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Auto Show: 5 things we learned in Detroit

Auto Show: 5 things we learned in Detroit

DETROIT (AP) — A race-worthy Corvette, a sumptuous Mercedes C-Class and other glitzy new models caught the eye at this year's North American International Auto Show, but larger trends in the auto industry were also on display.

January 18, 2014 5:28 pm Photos

Photos

Ford's Mark Fields promoted, could become CEO

DETROIT | Ford's leaders have watched Mark Fields, a brash Harvard MBA, turn the company's North American business into a profit machine. Now the CEO job is his to lose.

November 01, 2012 4:00 pm
GM, Ford June sales rise, Honda falls

GM, Ford June sales rise, Honda falls

Gas prices have hit a sweet spot for U.S.-based automakers. Industry analysts expect overall U.S. sales to rise 13.5 percent from last June, to around 1.1 million cars and trucks.

July 01, 2011 1:45 pm Photos

Photos

GM posts big profit

GM posts big profit

DETROIT | General Motors Co. said Thursday it made $1.33 billion in the second quarter, a sign it's getting healthier as it prepares to sell stock to the public. The results were strong enough that CEO Ed Whitacre announced he will step down next month, saying his job was done.

August 13, 2010 12:00 am Photos

Photos

Ford reaping solid profits after turnaround

Ford reaping solid profits after turnaround

DEARBORN, Mich. (AP) — Four years ago, Ford mortgaged everything down to the blue oval logo to save itself. Now, even as Americans remain skittish about the economy, it's reaping big rewards and stealing business from stumbling rivals.

July 23, 2010 3:31 pm

New hires in UAW no longer tops in manufacturing

DETROIT | Every day at a General Motors plant near Lansing, Mich., workers drive hundreds of Buick Enclaves -- many with leather seats for seven and on-board video systems -- off the assembly line.

June 20, 2010 12:00 am

Gettelfinger says organizing fight will go on

DETROIT | United Auto Workers President Ron Gettelfinger said Monday the union will continue to fight for federal card-check legislation that would make it easier for workers to organize, a high priority for the UAW as it continues to lose thousands of members.

June 15, 2010 12:00 am

GM rides cost cuts, new model sales to 1Q profit

DETROIT | General Motors Co. rode expense cuts from its bankruptcy and strong sales of redesigned models to its first quarterly net income in nearly three years, drawing the company closer to a stock offering that would repay at least part of its government aid.

May 18, 2010 12:00 am

Car shoppers take wait-and-see approach in April

DETROIT | Car shoppers took a wait-and-see approach in April, easing up on purchases as the lure of big incentives faded and hoping summer brings a new flurry of deals.

May 04, 2010 12:00 am

Ford posts $2.1 billion 1Q profit on strong sales

DEARBORN, Mich. | Ford earned $2.1 billion in the first quarter and forecast a solidly profitable year as consumers spent more on big-ticket items like cars.

April 28, 2010 12:00 am

Ford posts $2.1 billion first quarter profit on strong sales

DEARBORN, Mich. | Ford Motor Co. said Tuesday it earned $2.1 billion in the first quarter, another sign the economy is improving as people spend more on big-ticket items like cars. The automaker expects to be solidly profitable this year, a year earlier than its previous guidance.

April 27, 2010 7:11 am
UAW trust fund to sell rights to rising Ford stock

UAW trust fund to sell rights to rising Ford stock

DETROIT | A trust fund set up by the United Auto Workers union is hoping to raise at least $1.3 billion to help pay retiree health care costs by selling rights to an 11 percent ownership stake in Ford Motor Co.

March 30, 2010 1:00 am

UAW trust to sell all its its Ford stock warrants

DETROIT | The United Auto Workers union is hoping to raise at least $1.3 billion for its retiree health care trust fund by selling all of its 362 million warrants for Ford Motor Co. stock.

March 29, 2010 11:54 am

Ford looks smart with new Focus

DEARBORN, Mich. | In a year that humbled most automakers in America, Ford came out looking smart.

February 08, 2010 12:05 am

Ford looks smart with new Focus

DEARBORN, Mich. | In a year that humbled most automakers in America, Ford came out looking smart.

February 05, 2010 12:00 am

Ford earns first profit in 4 years

DEARBORN, Mich. | Ford, the only U.S. automaker to avoid bankruptcy court, clawed its way to a $2.7 billion profit in 2009 and expects to stay in the black in 2010. It was the automaker's first annual profit in four years.

January 29, 2010 12:00 am

Ford earns first profit in 4 years

DEARBORN, Mich. | Ford, the only U.S. automaker to avoid bankruptcy court, clawed its way to a $2.7 billion profit in 2009 and expects to stay in the black in 2010. It was the automaker's first annual profit in four years.

January 29, 2010 12:00 am

Ford earns $2.7 billion in 2009

DEARBORN, Mich. | Ford, the only U.S. automaker to avoid bankruptcy court, clawed its way to a $2.7 billion profit in 2009 and expects to stay in the black in 2010. It was the automaker's first annual profit in four years.

January 28, 2010 7:55 am
Big carmakers report 2009 sales declines

Big carmakers report 2009 sales declines

DETROIT | Big automakers are glad to see the end of 2009, the worst year for U.S. sales in nearly 30 years. For most, 2009 was a rough year as credit froze and consumer confidence faltered.

January 06, 2010 12:05 am Related

GM Chair urges risk taking, names new executives

DETROIT | General Motors Co. Chairman Ed Whitacre Jr. urged the troubled automaker's employees to forget their old bureaucratic culture, telling them Friday not to fear being fired for taking risks.

December 05, 2009 12:00 am

U.S. November auto sales struggle to gain ground

DETROIT | U.S. auto sales struggled to gain ground in November and big improvements aren't expected until people stop worrying about losing their jobs.

December 02, 2009 12:00 am

GM says improved quarter shows signs of stability

DETROIT | General Motors, its river of red ink stemmed by a trip through bankruptcy court, reported a narrower quarterly loss and said it would start repaying billions of dollars in government loans that helped keep it alive.

November 17, 2009 12:00 am

Ford surprises with $1B profit; sees profit in 2011

DEARBORN, Mich. | Ford, the only Detroit automaker to dodge direct government aid and bankruptcy court, surprised investors with net income of nearly $1 billion in the third quarter and forecast a "solidly profitable" 2011.

November 03, 2009 12:00 am

Ford reports $1 billion third quarter profit

DEARBORN, Mich. | Ford, the only Detroit automaker to dodge direct government aid and bankruptcy court, surprised investors with net income of nearly $1 billion in the third quarter and forecast a "solidly profitable" 2011.

November 02, 2009 6:35 am

Ford, UAW agree to tentative deal on contract

DETROIT | Ford Motor Co. on Tuesday reached a deal to alter its contract with the United Auto Workers union that helps the automaker keep costs in line with rivals but risks alienating rank-and-file workers.

October 14, 2009 12:00 am

Chrysler splits Dodge brand into truck, car groups

DETROIT | Chrysler's new Italian management on Monday announced a surprise shake-up of the automaker's executive team, saying two recently appointed brand CEOs have left and that it was splitting Dodge into two groups, one focusing on trucks and the other on cars.

October 06, 2009 12:00 am

Ford to revamp plants, bring small cars

DETROIT | Ford Motor Co. plans to bring six small vehicles to the U.S. market from overseas to meet growing demand for more fuel-efficient options.

July 23, 2008 12:00 am

GM's recovery depends on winning over car buyers

DETROIT | People want small cars that get great gas mileage. General Motors Corp. is known for making top-notch trucks and sport utility vehicles. The company's survival now hinges on the difficult task of convincing buyers that its upgraded cars are just as good as its trucks and worth some…

July 18, 2008 12:00 am

GM to cut salaried workers, production, dividend

DETROIT | General Motors Corp. said Tuesday it will lay off salaried workers, cut truck production, suspend its dividend and borrow $2 billion to $3 billion to weather a severe downturn in the U.S. market.

July 16, 2008 12:00 am

General Motors holds off Toyota as June sales fall

DETROIT | General Motors Corp. soundly beat Toyota Motor Corp. in June to retain its traditional U.S. sales lead, but GM sales still dropped 18.2 percent during a dismal month for most large automakers.

July 02, 2008 12:00 am

UAW and Chrysler<br />reach agreement

DETROIT | The United Auto Workers union said Wednesday it agreed on a tentative four-year contract with Chrysler LLC after a brief strike that sent thousands of workers to the picket lines.

October 11, 2007 12:00 am

GM unloads retiree health costs, while UAW gets promises on jobs in tentative contract deal

DETROIT | General Motors Corp. won its struggle to unload $51 billion in retiree health costs and improve competitiveness in the latest round of contract talks with the United Auto Workers, but not without a short-lived strike that wrung promises out of GM to keep jobs at U.S. plants.

September 27, 2007 12:00 am

GM-UAW reach deal to end strike

DETROIT (AP) | The United Auto Workers and General Motors Corp. said Wednesday they have reached a tentative contract agreement that ends a two-day nationwide strike immediately.

September 26, 2007 12:00 am

UAW: National strike is about job security

DETROIT | In the end, the first nationwide strike against General Motors Corp. in 37 years came because the United Auto Workers want something that GM will find difficult to promise: Job security.

September 25, 2007 12:00 am

Strike would have a mixed effect on GM, analysts say

DETROIT | As United Auto Workers union members prepared for a possible strike Friday against General Motors Corp., analysts said a short-term walkout probably wouldn't cause too much financial pain but could hurt the automaker's launch of some critical 2008 vehicles.

September 15, 2007 12:00 am

UAW: GM is lead company, possible strike target, in auto talks

DETROIT | The United Auto Workers union has picked General Motors Corp. as the lead company and potential strike target in contract negotiations with the Detroit Three, a local union official said Thursday.

September 14, 2007 12:00 am

Ford, Toyota report sales declines in August, but GM shows increase

DETROIT | Toyota and Ford on Tuesday each reported sales declines last month, but General Motors Corp. surprised industry analysts by showing an increase.

September 05, 2007 12:00 am
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