Tag: Ford

Ford Motor urges U.S., China to resolve trade issues

April 4 (Reuters) – Ford Motor Co on Wednesday said it encouraged the U.S. and Chinese governments to “work together to resolve issues” after China retaliated against U.S. plans to impose tariffs with a list of similar duties. “We encourage both governments to work together to resolve issues between these two important economies,” Ford said… Continue reading Ford Motor urges U.S., China to resolve trade issues

WRAPUP 8-China strikes back with duties on U.S. soybeans, planes; markets drop

BEIJING/WASHINGTON (Reuters) – China hit back quickly on Wednesday against U.S. plans to impose tariffs on $50 billion in Chinese goods, retaliating with a list of similar duties on key American imports including soybeans, planes, cars, beef and chemicals in a move that sent global markets lower. Beijing responded after U.S. President Donald Trump’s administration… Continue reading WRAPUP 8-China strikes back with duties on U.S. soybeans, planes; markets drop

UPDATE 1-GM to stop production of Chevrolet Sonic Subcompact car – WSJ

(Reuters) – General Motors Co (GM.N) will stop production of its subcompact Chevrolet Sonic by as early as this year, the Wall Street Journal reported, citing people familiar with the matter. FILE PHOTO: The GM logo is seen at the General Motors Warren Transmission Operations Plant in Warren, Michigan, U.S., October 26, 2015. REUTERS/Rebecca Cook/File… Continue reading UPDATE 1-GM to stop production of Chevrolet Sonic Subcompact car – WSJ

CORRECTED-UPDATE 3-GM to drop monthly U.S. vehicle sale reports

(This version of the April 3rd story corrects to delete reference to Brazil in second paragraph) A partially assembled Chevrolet 2017 Sonic is seen on the assembly line at GM Orion Assembly plant in Orion, Michigan, U.S., June 13, 2017. REUTERS/Rebecca Cook By Joseph White DETROIT (Reuters) – General Motors Co (GM.N) said on Tuesday… Continue reading CORRECTED-UPDATE 3-GM to drop monthly U.S. vehicle sale reports

Volvo Cars global sales up 14.1 per cent in the first quarter of 2018

Volvo Cars global sales up 14.1 per cent in the first quarter of 2018   Volvo Cars, the premium car maker, reported a global year-on-year sales increase of 14.1 per cent for the first quarter of 2018 as sales in all main markets increased compared with the same period last year.   Total sales in… Continue reading Volvo Cars global sales up 14.1 per cent in the first quarter of 2018

Carmakers proceed cautiously after EPA mpg announcement

Environmental Protection Agency Administrator Scott Pruitt speaks with auto industry leaders following a news conference at the Environmental Protection Agency in Washington, April 3, 2018, on his decision to scrap Obama administration fuel standards. (Photo: Andrew Harnik / AP) Washington — Detroit automakers say they’re committed to increasing the fuel economy of their cars, despite… Continue reading Carmakers proceed cautiously after EPA mpg announcement

Soundbites: March 2018 Sales

Ford SUVs hit record sales month with overall U.S. March sales gaining 3.4 percent, with 244,306 vehicles sold.  Here to break down our March sales results is Erich Merkle, Ford sales analyst. Cut#1 “All things considered, with the bad storms on the East Coast through much of March, sales came in really strong.” :09 sec.… Continue reading Soundbites: March 2018 Sales

Tesla: Our Model 3 electric-car production line may beat Henry Ford's

CLOSE Elon Musk success with the Falcon Heavy reusable rocket, with a Tesla Roadster heading toward out to space, reveals his grand plan for colonizing Mars. USA TODAY Tesla CEO Elon Musk. (Photo: PETER PARKS, AFP/Getty Images) Facing scrutiny over its manufacturing capability, Tesla said Tuesday that production of its Model 3 electric car is… Continue reading Tesla: Our Model 3 electric-car production line may beat Henry Ford's

UPDATE 3-GM to drop monthly U.S. vehicle sale reports

DETROIT (Reuters) – General Motors Co (GM.N) said on Tuesday it will stop reporting monthly U.S. vehicle sales, saying the 30-day snapshot does not accurately reflect the market and the company will, instead, issue quarterly sales reports. A partially assembled Chevrolet 2017 Sonic is seen on the assembly line at GM Orion Assembly plant in… Continue reading UPDATE 3-GM to drop monthly U.S. vehicle sale reports