DETROIT -- The math doesn't seem to add up.
Analyst Adam Jonas of Morgan Stanley is among those who say Ford Motor Co. cannot reach its stated profit goals for "Smart Redesign" by laying off just 7,000 salaried workers total worldwide by August.
The company must cut "a further" 23,000 salaried jobs in the near term to fulfill its goals, Jonas ...Read more
DETROIT -- Fiat Chrysler Automobiles won final approvals Tuesday for its new Jeep plant project in Detroit as well as work at four other industrial sites in the region.
First, Detroit City Council approved a series of land swaps and other steps for the creation of the new Jeep plant near Mack and St. Jean on the east side. Shortly afterward, ...Read more
DETROIT -- The first of 500 U.S. Ford Motor Co. salaried employees are expected to be notified in meetings Tuesday that they're being let go.
Ford's operations in Dearborn were quiet Tuesday morning ahead of the last round of white-collar job cuts, with parking lots filling and employees filing in as usual.
CEO Jim Hackett notified employees ...Read more
DETROIT -- General Motors' app-based car sharing service known as Maven is exiting some markets after nearly three years of expansion.
Maven's move to leave or reduce its services in some of the 24 markets it's in globally started earlier in May and will take a few months to complete.
"This is not an announcement, just the course of business,"...Read more
Elon Musk's growth story is looking more like a fable as Tesla Inc. enters survival mode.
Just over two weeks ago, Musk boasted to stock analysts and big investors that the company was on course to reach half a trillion dollars in market value. Since then, Tesla's stock price has dropped 19.5%, vaporizing $8.8 billion in market value. The ...Read more
DETROIT -- Ford workers opened their email Monday to find a letter from CEO Jim Hackett with an 8:30 a.m. time stamp and an explanation of how many salaried workers would be leaving the auto company this week and why.
The company will see 500 salaried workers in the U.S. leave involuntarily this week, and 800 total in the U.S. by June, Ford ...Read more
WASHINGTON -- The White House announcement Friday that President Donald Trump has set a 180-day clock ticking on possible trade action against imports of cars and car parts from Japan and Europe brought strong pushback from the private sector.
The president's implied threat to use Section 232 authorities to impose tariffs or other trade ...Read more
DETROIT -- While other automakers -- notably crosstown rival General Motors and German giant Volkswagen -- shift their focus to vehicles powered by electricity alone, Ford continues to develop and invest in hybrids, which combine gasoline engines with electric batteries.
Hybrids play a key role in Ford's touted $11-billion investment plan to ...Read more
DETROIT -- Eighteen large institutional investors in General Motors banded together Friday to tell GM they want the carmaker to take aggressive action to protect federal fuel economy standards.
GM has said it wants one national fuel economy standard modeled on the existing zero emissions vehicle program in California. It would establish zero ...Read more
Q: I've found a simple solution for tight lug nuts that I've been using for over 30 years.
Whenever I get a car, I remove the lug nuts and wheel, brush the threads with a wire brush and lightly coat the threads with anti-seize compound. I also put some compound on the wheel rim where it makes contact with the hub or drum. It just takes a little...Read more
Frontal air bags have been standard equipment in all cars since model year 1998 and in all SUVs, pickups and vans since model year 1999. Recent recalls have raised questions among some drivers about the safety and effectiveness of air bags.
But research shows they save many lives.
Air bags reduce the chance of an upper body or head injury ...Read more
Q: My question is about radiator overflow tanks. I've always had cars and trucks that had an overflow tank that you would keep full to the cold or hot mark. Checking over my daughter's car, she has a tank with a screw-on cap, and I can't find any other way to check the radiator fluid at the radiator. Can you tell me why the difference and how ...Read more
Detroit and other automakers have been granted a reprieve in the tariff war.
CNBC and Bloomberg reported Wednesday that the Trump administration will delay auto tariffs that the Commerce Department says are justified by national security considerations by up to six months.
The White House had until May 18 to decide whether to slap tariffs as ...Read more
Being a Ferrari is like being a superstar entertainer or an elite athlete. If you do everything perfectly, no one really notices. But have one bad day and you're a bum, and the rumors start that your career is in trouble.
The 2019 Ferrari Portofino is that kind of superstar. Sleek, stylish, elegant and extremely fast, the newest sports car from...Read more
A proposed hike in Illinois' annual registration fee for electric vehicles, from $17.50 to $1,000, is being called unfair by current EV owners, and a sales disincentive by manufacturers -- just as the new technology is beginning to gain broader traction.
"It's outrageous," said Nicoletta Skarlatos, 56, of Chicago, who bought a Tesla Model S ...Read more
Q: I have a four-cylinder 2.5-liter, 2012 Nissan Altima. I drive to Florida twice a year because we don't fly. Now, looking for a new full-size car, I see that the dealer offers a 1.5-liter turbo, but we load the car up on our trips and drive mountainous roads.
Would I be better off staying with a non-turbo four-cylinder 2.0-liter to 2.5-liter ...Read more
Q: My 2008 Silverado diesel won't crank. I've charged up the batteries and tightened the cables but still not even a click. Can you please provide some ideas for things to check? I live about 100 miles from the dealer, so a tow will be quite expensive.
-- Steve in Alaska
A: I appreciate the clarity of your symptom description. Many times folks...Read more
Relax, America. Nobody's going to take your sedans away. In fact, there are some great deals to be had on very good cars, thanks in no small part to the surge in SUV sales.
There's been confusion about this since Ford announced it will stop building and selling sedans and station wagons in the United States. Ford's decision was the extreme case...Read more
The Maxima premium sedan is Nissan's longest running nameplate, a vehicle the automaker calls a "four-door sports car," and it's been a consumer favorite for more than four decades.
For 2019, the Maxima has a "commanding new attitude," Nissan says, with a long list of enhancements and additions, including refreshed exterior and interior styling...Read more
2019 Jeep Renegade: The Jeep with the flavor of Italy.
Price: $33,670 as tested ($27,445 for the Limited trim). Options include Advanced Technology Group ($995) and Safety and Security Group ($895) for all sorts of safety features; $1,595 for panoramic sunroof; more noted below.
Conventional wisdom: Car and Driver liked the "solid off-road ...Read more
- Motormouth: Tight lug nut solution has one flaw
- Under the Hood: How a radiator expansion tank works
- Bigger cuts expected: 23,000 more Ford layoffs needed, analysts say
- Mark Phelan: Ford sticks with hybrids as other automakers rush to all-electric vehicles: Here's why
- Despite deaths, injuries and recalls, air bags still save lives