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Main  >  Car Makers News  >  Ford  > 
EPA releases certified 2010 Ford Fusion fuel-economy figures, beats Camry hybrid
EPA has released official fuel-economy ratings for the 2010 Ford Fusion Hybrid. According to the EPA, the 2010 Fusion Hybrid gets a certified 41/36 mpg city/highway, making it America’s most fuel efficient mid-size car topping the Toyota Camry hybrid by 8 mpg in the city and 2 mpg on the highway. The Fusion Hybrid even beats the Honda Civic Hybrid by 1 mpg in the city and is able to travel more than 700 miles on a single tank of gas.Ford engineers spent the past three years working on the... Full article...

Article added: 2008-12-24 05:44:20   Article Views Rating: 174


Main  >  Car Makers News  >  Toyota  > 
Toyota Warns Loss Is At Least $1.7 Billion For 2008 Forecast for 2009 Is Bleak
Toyota Motor, the world's biggest automaker, on Monday forecast its first ever group operating loss due to a relentless global slide in car sales and a crippling rise in the yen.Toyota had been expected to issue its second profit warning in less than seven weeks, after domestic rival Honda Motor Co also took the rare step of altering its guidance outside the usual quarterly reporting season, but the downward revision was bigger than predicted."This is very, very, very bad," said Koichi Ogawa... Full article...

Article added: 2008-12-23 06:51:56   Article Views Rating: 171


Main  >  Car Makers News  >  Toyota  > 
Toyota projects first ever operating loss | detnews.com | The Detroit News
NAGOYA, Japan -- Toyota Motor Corp. slashed its earnings forecast Monday, projecting that it would report its first annual operating loss for the fiscal year through March -- its first such loss since it began reporting results in 1941. Battered by falling demand from consumers around the world and a surging yen, Toyota and other Japanese automakers have been reducing earnings outlooks and cutting workers. "The change that has hit the world economy is of a critical scale that comes once in a hundred... Full article...

Article added: 2008-12-23 06:51:54   Article Views Rating: 203


Main  >  Car Makers News  >  Other  > 
Automakers tumble as bailout sinks in | detnews.com | The Detroit News
NEW YORK -- Shares of General Motors Corp. and Ford Motor Co. fell sharply on Monday as investors considered the ramifications of last week's federal bailout of the auto industry. Buckingham Research analyst Joseph Amaturo said the $17.4 billion loan program approved by the White House is likely to diminish the value of GM stock in the long term. He reiterated his "Underperform" rating and $1 price target on GM. The price target implies an expected 78 percent drop in value for GM's Friday close of... Full article...

Article added: 2008-12-23 06:51:54   Article Views Rating: 144


Main  >  Car Makers News  >  Toyota  > 
Auto slump slams Toyota | detnews.com | The Detroit News
Toyota Motor Corp. has earned money selling cars and trucks every year since 1950. So its stunning announcement Monday that it expected to report a $1.7 billion operating loss this year confirmed fears that the auto industry is grappling with the worst global downturn in decades. "We're facing an unprecedented emergency situation," President Katsuaki Watanabe said at a news conference in Nagoya, the largest city near the Japanese automaker's headquarters in Toyota City. "Unfortunately, we can't see the... Full article...

Article added: 2008-12-23 06:51:53   Article Views Rating: 164


Main  >  Car Makers News  >  Toyota  > 
Toyota Warns Loss Is At Least $1.7 Billion For 2008 Forecast for 2009 Is Bleak
Toyota Motor, the world's biggest automaker, on Monday forecast its first ever group operating loss due to a relentless global slide in car sales and a crippling rise in the yen.Toyota had been expected to issue its second profit warning in less than seven weeks, after domestic rival Honda Motor Co also took the rare step of altering its guidance outside the usual quarterly reporting season, but the downward revision was bigger than predicted."This is very, very, very bad," said Koichi Ogawa... Full article...

Article added: 2008-12-23 06:51:47   Article Views Rating: 145


Main  >  Car Makers News  >  Toyota  > 
Auto slump slams Toyota | detnews.com | The Detroit News
Toyota Motor Corp. has earned money selling cars and trucks every year since 1950. So its stunning announcement Monday that it expected to report a $1.7 billion operating loss this year confirmed fears that the auto industry is grappling with the worst global downturn in decades. "We're facing an unprecedented emergency situation," President Katsuaki Watanabe said at a news conference in Nagoya, the largest city near the Japanese automaker's headquarters in Toyota City. "Unfortunately, we can't see the... Full article...

Article added: 2008-12-23 06:51:44   Article Views Rating: 183


Main  >  Car Makers News  >  Toyota  > 
Toyota projects first ever operating loss | detnews.com | The Detroit News
NAGOYA, Japan -- Toyota Motor Corp. slashed its earnings forecast Monday, projecting that it would report its first annual operating loss for the fiscal year through March -- its first such loss since it began reporting results in 1941. Battered by falling demand from consumers around the world and a surging yen, Toyota and other Japanese automakers have been reducing earnings outlooks and cutting workers. "The change that has hit the world economy is of a critical scale that comes once in a hundred... Full article...

Article added: 2008-12-23 06:51:44   Article Views Rating: 176


Main  >  Car Makers News  >  Other  > 
Automakers tumble as bailout sinks in | detnews.com | The Detroit News
NEW YORK -- Shares of General Motors Corp. and Ford Motor Co. fell sharply on Monday as investors considered the ramifications of last week's federal bailout of the auto industry. Buckingham Research analyst Joseph Amaturo said the $17.4 billion loan program approved by the White House is likely to diminish the value of GM stock in the long term. He reiterated his "Underperform" rating and $1 price target on GM. The price target implies an expected 78 percent drop in value for GM's Friday close of... Full article...

Article added: 2008-12-23 06:51:44   Article Views Rating: 109


Main  >  Car Makers News  >  GM  > 
Does the Loan To GM & Chyrsler Equate To Death For the UAW?
For decades after its founding in 1935, the United Auto Workers stood as a powerful model for the American labor movement, an influential organization that historians credit with uplifting living standards for all working Americans.But with the announcement of the federal loan deal yesterday, the union found itself being forced into concessions that some described as tantamount to surrender.The $17.4 billion federal loan agreement does keep the domestic auto industry alive. But the terms of that loan... Full article...

Article added: 2008-12-22 05:54:32   Article Views Rating: 138


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