Saturday, November 16, 2024

GM likely to retake No. 1 sales spot from Toyota

DETROIT - General Motors is almost certain to claim the title of world's biggest automaker this year, retaking the top spot from Toyota, which has been hurt by production problems since the Japanese earthquake and still can't escape the shadow of major safety recalls.
COEUR D'ALENE PRESS | UPDATED 13 YEARS, 6 MONTHS AGO

Ford plans to team with Sollers in Russia

DETROIT - Ford Motor Co. is teaming up with Russian automaker Sollers to make and distribute cars in Russia, one of the fastest growing auto markets.
COEUR D'ALENE PRESS | UPDATED 13 YEARS, 8 MONTHS AGO

A sign of recovery?

DETROIT - Auto sales rose in the United States last year for the first time since the recession. They're still far from what they were just a few years ago - but that's just fine with the downsized auto industry, which can post profits even if it sells millions fewer …
COEUR D'ALENE PRESS | UPDATED 13 YEARS, 10 MONTHS AGO

Is GM really worth as much as Ford right now?

DETROIT - If investors pay what General Motors hopes to get for its stock in a planned IPO, they'll have to buy the logic that the company's stock-market value should be similar to its closest competitor, Ford Motor Co. But Ford is making far more money these days and its …
COEUR D'ALENE PRESS | UPDATED 14 YEARS AGO