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

Dearborn — Ford Motor Co. took a $1.9 billion hit to its pretax earnings during the second quarter — far better than the $5 billion the automaker had warned it might lose during the eight-week pandemic shutdown. But by recording a one-time $3.5 billion gain on its investment with self-driving software Argo AI, the automaker managed to post an overall… Continue reading Ford takes $1.9 billion hit in second quarter, but that’s far better than expected

GM, EVgo to install 2,700 electric-vehicle charging stations

Detroit — General Motors Co. and EVgo, a public electric-vehicle charging network, are joining forces to add 2,700 electric-vehicle fast-chargers to the network to spur adoption of the vehicles across the U.S. The installation, which will take place in the next five years, will triple the size of EVgo’s charging network with charging stations being added in 40… Continue reading GM, EVgo to install 2,700 electric-vehicle charging stations

Ford’s surprise: $1.9 billion earnings loss is good news

CLOSE A look at the very first year of the Ford Bronco in this 1966 commercial ‘A Breed Apart.’ Detroit Free Press Ford Motor Co. executives have warned for weeks that their second-quarter earnings report would be an epic disappointment for a company that emerged from 2019 weaker than expected financially, despite a healthy year for the industry. Then the… Continue reading Ford’s surprise: $1.9 billion earnings loss is good news

Let’s not get righteous over preventing child deaths in hot cars

CLOSE When I began writing about the disturbing rise in pedestrian fatalities a couple of years ago, I was struck by the reaction the stories generated. Many readers, seeing a worsening crisis of loss and despair in fatality numbers that are hard to comprehend, were pleased that the issue was getting attention. Others? Not so… Continue reading Let’s not get righteous over preventing child deaths in hot cars

Experts: These are the safest, most reliable used cars for under $20K

CLOSE Popular sedan’s looks, materials improve; voice recognition, controls don’t. Jennifer Stockburger, a mother of two children, worries about the safety of her 16-year-old son who just started driving with a learner’s permit. “Yikes,” she said. “When you’ve got a young driver, it’s worrisome enough because you’ve got this struggle. They have a higher propensity… Continue reading Experts: These are the safest, most reliable used cars for under $20K

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