Category: US Motoring Press

Ford lost $1.9 billion in second quarter, but that’s far better than expected

Dearborn — Ford Motor Co. took a $1.9 billion hit to its pretax earnings for the second quarter during the second quarter — but that’s far better than $5 billion the automaker had warned it might lose. Ford said it burned through $5.3 billion in the second quarter amid the coronavirus pandemic that kept plants closed. The Blue Oval’s… Continue reading Ford lost $1.9 billion in second quarter, but that’s far better than expected

Odd couple: Audi S5 Sportback vs. Dodge Charger Scat Pack Plus

Autoplay Show Thumbnails Show Captions Last SlideNext Slide My comparison cars this week have much in common. They are muscle models from notable performance brands. They bear fresh, head-swiveling colors: one District Green, the other Sinamon Stick red. Both have elegant “T” shifters, sculpted 20-inch wheels, elevated sticker prices and multiple words in their badges. Yet… Continue reading Odd couple: Audi S5 Sportback vs. Dodge Charger Scat Pack Plus

Howes: GM demonstrates resilience amid COVID-19 pandemic, but shares slip

That could have been worse. After missing eight of 13 second-quarter weeks of North American production because of the coronavirus shutdown, General Motors Co. posted a loss of less than $800 million for the three-month period, rescinded most of its salary cuts and signaled that the second half of the year could prove surprisingly resilient.… Continue reading Howes: GM demonstrates resilience amid COVID-19 pandemic, but shares slip

GMC drops hints about electric Hummer pickup with help from LeBron James

CLOSE GMC will reveal details of its eagerly awaited Hummer electric sport truck later this year, including features like ‘crab mode’ and ‘adrenaline mode.’ Detroit Free Press GMC will reveal details of its eagerly awaited Hummer electric sport truck later this year, when the 1,000 horsepower four-door pickup is officially unveiled, but the automaker dropped hints… Continue reading GMC drops hints about electric Hummer pickup with help from LeBron James

LC 500 convertible takes Lexus style to new heights, but don’t mistake it for a sports car

CLOSE Stunning new convertible oozes luxury, but don’t mistake it for a sports car Detroit Free Press If a better looking car than the Lexus LC 500 convertible goes on sale this year, I’m not sure mortal eyes will be able to withstand the sight. Like those who stare too long at the sun, the… Continue reading LC 500 convertible takes Lexus style to new heights, but don’t mistake it for a sports car

GM to restore full pay for 69,000 workers — but CEO to keep salary cut

CLOSE In a show of confidence for the future despite the coronavirus pandemic, General Motors said it will restore full pay to its 69,000 salaried employees around the world sooner than the company had expected. But CEO Mary Barra and other senior leaders will continue to take pay deferrals: For Barra and the others,  that means a 10% reduction… Continue reading GM to restore full pay for 69,000 workers — but CEO to keep salary cut

GM to increase production at Fort Wayne truck plant

Detroit — General Motors Co. is increasing production at its Fort Wayne, Indiana, assembly plant in September to meet consumer demand for its pickups, according to a plant communication from Gary Duff, plant executive director.  In the July 28-dated communication obtained by The Detroit News, Duff wrote that the plant would increase daily production levels of… Continue reading GM to increase production at Fort Wayne truck plant

GM prodded to catch electric-car zeitgeist with name change

David Welch and Chester Dawson, Bloomberg Published 1:56 p.m. ET July 29, 2020 | Updated 2:02 p.m. ET July 29, 2020 General Motors Co. has weathered depressions, wars and pandemics under its century-old name, but the coming shift to battery-powered vehicles may be an opportunity to rethink its generic-sounding corporate moniker in favor of something… Continue reading GM prodded to catch electric-car zeitgeist with name change