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Ford Will Produce Lincoln SUVs In China Amid Strong Demand
Monday, March 13, 2017 - 9:24am | 429Ford Motor Company (NYSE: F) introduced its Lincoln brand in the Chinese market three years ago to great success. Throughout 2016, sales of Lincoln vehicles tripled from the prior year to around 33,000, which prompted the automaker to expand its efforts in the world's largest car market....
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Ford Auto Sales Slip 8.4% In August, Company Cites Lower Industry Volumes
Thursday, September 1, 2016 - 9:42am | 455Ford Motor Company (NYSE: F) reported 8.4 percent drop in sales for August, citing weak industry volumes. This is wider than the 3 percent drop recorded in July amid the drop in F-Series vehicles. Auto Figures Trickle In Thursday In August, the second biggest American automaker recorded total...
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Tigress On Auto Industry: 2016 Could Be Better Than 2015
Tuesday, June 21, 2016 - 1:31pm | 341Tigress Financial Partners is bullish on the U.S. auto industry and expects 2016's total auto sales will meet or even exceed 2015's record level of 17.5 million sold. In a research report published Tuesday, the analysts cited their bullish view on pent-up demand from consumers coupled with...
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Detroit's Big Three Auto Makers Report March Sales
Tuesday, April 1, 2014 - 4:00pm | 900On the first day of each month, major auto manufacturers report their previous month's total sales. The data is closely monitored by both investors and auto enthusiasts to keep up with the most up to date information on how the manufacturers are performing in a tough economic environment that...
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Auto Makers Post Mixed February Sales
Monday, March 3, 2014 - 4:33pm | 914In January, harsh weather climates were being blamed for poor auto sales that hammered the Midwest and Northeast regions several times during the month. The auto makers remained optimistic that declining sales are a temporary phenomenon and remained optimistic that consumers will show up to...
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January's Auto Sales Data A Mix Of Good And Bad
Monday, February 3, 2014 - 12:42pm | 763Major manufacturers January U.S. sales data were released on Monday. General Motors: Consensus miss General Motors (NYSE: GM) reported that its U.S. sales fell 12 percent to 171,000 vehicles in January. The consensus estimate was looking for a 2.5 percent falloff. Retail sales fell 10 percent...
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These 13 American Cars Released After the Bailout Are the Most Important
Monday, May 6, 2013 - 1:46pm | 192For more than a brief moment during the Great Recession, it appeared the fate of the Big Three automakers was in jeopardy. General Motors (NYSE: GM) declared Chapter 11 bankruptcy, while Chrysler filed its third bankruptcy before its ownership stake was sold to Cerberus Capital Management. Ford (...
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Review: Using the Uber App For an Epic Ride
Monday, May 6, 2013 - 12:38pm | 220Uber wants to be your new private driver. And If Benzinga's experience is any indication, there should be little hesitation on your part. Founded in San Francisco in 2009, the goal of Uber is to connect passengers with drivers of luxury vehicles for hire. It's a mission that it accomplishes very...
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Cadillac Headed for Brazil
Tuesday, October 23, 2012 - 8:05am | 453In an effort to increase global awareness of its finest luxury brand, General Motors (NYSE: GM) is contemplating exporting the crested cars to other parts of the world, the latest possibility is to Brazil. GM has no plans to actually build the cars in Brazil, which currently sits as the world's...
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Overseas Troubles Heighten for Ford, Toyota
Wednesday, September 26, 2012 - 7:53am | 429Automotive companies Ford (NYSE: F) and Toyota (NYSE: TM) are pulling workers and halting production on cars overseas. Ford is exploring the idea of layoffs and buyouts in troubled Europe, while Toyota is temporarily ending production in China throughout the next month or so. The Detroit News is...
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Ford Breaks New Ground in China
Tuesday, August 28, 2012 - 9:02am | 508Ford (NYSE: F) plans to bring its Lincoln line of luxury motor vehicles to China in the second half of 2014. Ford said that it will provide a personalized option for affluent Chinese customers who seek a luxury experience that is tailored to their specific needs in order to compete with General...
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Ford Aiming to Cut 175 Lincoln Dealers (F)
Tuesday, October 5, 2010 - 11:37am | 26Ford (NYSE: F) announced plan to cut 175 Lincoln dealers. The shares of Ford are currently up 1.32% trading at $13.01.