Ford is cleaving an additional $11.5 billion from spending plans and dropping several sedans, including the Fusion and Taurus, from its lineup to more quickly reach an elusive profit target.
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Read More »April 26, 2018 Comments Off on Ford retreats from American car business in penny-pinching push
Ford is cleaving an additional $11.5 billion from spending plans and dropping several sedans, including the Fusion and Taurus, from its lineup to more quickly reach an elusive profit target.
Tagged with: cars ford SUVs trucks
Read More »July 2, 2013 Comments Off on Auto sales maintain momentum, led by pickups
U.S. buyers snapped up new cars and trucks in June at a pace not seen since before the recession.
Tagged with: automobiles Business business news cars chrysler Economy ford nissan trucks
Read More »June 3, 2013 Comments Off on Auto sales see big gains in May
DETROIT — Price cuts at Nissan and strong demand for pickup trucks helped U.S. auto sales rebound in May after a slight dip in April. General Motors reported its strongest monthly sales since September of 2008. Chrysler, Ford, and Toyota ...
Tagged with: Business business news cars chrysler Economy ford nissan Retail sales toyota trucks
Read More »September 11, 2012 Comments Off on Freightliner adding jobs at Hagerstown dealership
HAGERSTOWN — A Freightliner truck dealership near Hagerstown says an expansion will create about 30 jobs. A dealership official told The Herald-Mail Monday that the business is adding a second location near its current site with a bigger parts, service ...
Tagged with: hagerstown Small business Transportation trucks
Read More »August 16, 2012 Comments Off on Volvo Trucks opening new Hagerstown assembly line
HAGERSTOWN — Swedish truck maker AB Volvo is adding 50 jobs in Hagerstown with the opening of a new, $8 million assembly line. Company officials held a ceremony Thursday afternoon to begin North American production of automated manual transmissions for ...
Tagged with: buses hagerstown jobs Manufacturing plant trucks workers
Read More »July 13, 2012 Comments Off on Wholesale prices rise 0.1 percent in June
WASHINGTON — U.S. wholesale prices rose only slightly last month, as higher costs for food and pickup trucks offset another drop in energy prices. But overall inflation stayed mild, leaving the Federal Reserve room to take steps to boost the ...
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Read More »June 1, 2012 Comments Off on Auto sales remain bright spot in darkening economy
DETROIT — U.S. auto sales remained a bright spot in May even as the economy darkened. Many of the biggest carmakers reported double-digit sales gains last month compared with a year earlier. Americans continued to replace their aging vehicles even ...
Tagged with: auto sales cars chrysler ford gasoline general motors hyundai prius toyota trucks united states
Read More »January 17, 2012 Comments Off on Average age of U.S. vehicles hits record 10.8 years
DETROIT — That clunker in America’s driveway has reached a record old age, but there are signs that people may be growing confident enough in the economy to get a whiff of that fresh new car scent very soon. The ...
Tagged with: age cars commerce department driving Economy Recession repairs sales spending trucks Unemployment vehicles
Read More »January 4, 2012 Comments Off on Baltimore vehicle seizure begins in lead paint case
The Baltimore City Sheriff has begun the process of seizing trucks, computers and other equipment owned by the city’s housing authority to pay an outstanding lead paint poisoning judgment. Two members of the sheriff’s office went through the fleet Wednesday, ...
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Read More »January 4, 2012 Comments Off on Americans bought more cars and trucks in 2011
DETROIT — Americans bought more cars and trucks last year, inspired by easier credit, an improved economy and the desire to replace aging vehicles that got them through the Great Recession. Sales rose sharply for Detroit’s three carmakers and for ...
Tagged with: americans cars credit detroit Economy great recession nissan Retail toyota trucks
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