DETROIT -- Ford announced Thursday a third-quarter profit of $1.6 billion, a 63 percent increase from one year ago.
On a per share basis, the Detroit-area automaker earned 39 cents per share, beating the 33 cents per share average, based on a FactSet survey of Wall Street analysts. That's up from 26 cents per share a year earlier.
Revenue from...Read more
It happens every year.
Come Halloween, a number of automobiles once touted as the latest and greatest pass into the history books, either fondly remembered or ridiculed and reviled. And so, it's time to mourn the vehicles whose time has come and gone, passing into the great beyond for the 2018 model year.
Were they tricks or treats? You're ...Read more
MINNEAPOLIS -- Michael Happe is leading a resurgence of one of the most famous names in the recreation vehicle industry.
When Happe became CEO of Winnebago Industries in January 2016 after a nearly 20-year career at Bloomington-based Toro Co., he said the board was receptive to establishing a new direction for the company.
In short order, ...Read more
DETROIT -- The National Consumer Law Center warns that the prices of many auto add-ons -- including extended warranties, dent protection and credit insurance -- are excessive, arbitrary and discriminate against Hispanic customers.
One Michigan dealer, the nonprofit's study found, was charging customers $349 to $5,000 for window etching even ...Read more
Q: Here's an odd problem to consider: My car just began showing a low tire pressure warning for the left front tire. It said it was down to 31 pounds. The other three were 35. I added air at the machine at my gas station. The gauge on the hose said it was at 35, so I figured it was wrong and added about 5 pounds. Then when I'm driving home, the ...Read more
DETROIT -- Fiat Chrysler Automobiles reported earnings of $1.07 billion (910 million euro) in the third quarter, an increase of 50 percent over the same period a year ago.
The automaker, which has its U.S. headquarters in suburban Detroit, touted a record third-quarter, citing a drop in expenses related to debt reduction, strong performance in ...Read more
DETROIT -- General Motors earned $2.5 billion before taxes in the third quarter, down 32 percent from its $3.7 billion year-earlier pre-tax earnings but better than most Wall Street analysts were expecting.
On a net-income basis, the automaker lost $3 billion, but that reflected $5.4 billion in accounting charges for the sale of its Opel and ...Read more
Old-line car parts supplier Delphi Automotive made a huge bet on the future of driving Tuesday, buying autonomous car startup NuTonomy Inc. for $450 million.
It's a big deal for Delphi, which started out long ago as a division within General Motors. The move gives NuTonomy access to capital and a big payday for founders and investors.
And, ...Read more
Fires of RevengeDavid Clink
Abdul Mossad survived his forced exit from the United States after spending years of his life successfully executing his personal jihad against the American economy. Having been scorned then rejected by his countrymen, he executes a daring escape ending up in Switzerland. Now as Mikaeel Saeed...
Bears don't look like they can move fast, but then you see one run ...
The Mercedes-Benz GLE AMG midsized vehicle is kind of like that. It's a big galoot -- 5,000 pounds at the curb. And not only does it run; it runs faster than anything less than a new Corvette, a car that's 2,000 pounds lighter and has the disadvantage of looking like it can ...Read more
SAN FRANCISCO -- When Elon Musk talks about the future of factory automation at Tesla, he envisions new breeds of robots and smart machines compressed in dense factories with little room for human operators, guided by self-learning software.
"At the point at which the factory looks like an "alien dreadnought" -- a nod to a video game spaceship ...Read more
Cadillac is in the middle of a massive marketing campaign to introduce its new Super Cruise. The semi-autonomous driving system, available only on the CT6 luxury sedan, is being billed as offering the "first true hands-free driving on the freeway."
The car company has sent CT6 sedans literally across the country, holding events in multiple U.S....Read more
Zero Motorcycles' 2018 lineup features notable improvements over previous models. The new battery-powered electric bikes accelerate faster, travel farther and can be recharged more quickly than previous machines from the Santa Cruz, Calif., company.
GOING FASTER AND FARTHER -- WITH SHORTER CHARGE TIMES
Zero's Z-Force electric power packs are ...Read more
It was an offer too good to refuse: Take a helicopter ride and spend the day driving the unpaved back roads of Santa Catalina Island in an SUV.
It didn't matter that the exploring would be done in a Mitsubishi. With an invitation to explore some of the "no cars allowed" dirt roads of Catalina, just off the Southern California coast, I'd have ...Read more
As the weather cools and drivers put away their summer tires and dreams of muscle car glory, Ford and Michelin provide cause for hope: The fastest ever Mustang GT is coming for 2018, thanks to a quick-shifting new transmission and sticky performance tires.
The 2018 Mustang GT will accelerate from zero to 60 mph in less than 4 seconds, the kind ...Read more
DETROIT -- When it comes to reliability, Ford and Fiat Chrysler have improved their performance ratings among drivers while General Motors has slipped. Still, GM's Buick is the only U.S. brand to make Consumer Reports' latest top 10 list of most reliable brands. The new Chevrolet Bolt electric car was GM's most reliable model, scoring "above ...Read more
Three former Tesla Inc. contract workers faced racial harassment and discrimination while working at the electric carmaker's Fremont, Calif., factory, according to a lawsuit filed this week.
Plaintiffs Demetric Di-az, his father, Owen Diaz, and Lamar Patterson alleged that they were the targets of "racially motivated abuse, including the ...Read more
DETROIT -- Ford is recalling 1.3 million F-150 and Super Duty trucks because of an issue that could allow a door to open while driving in certain conditions.
The recall will allow for the installation of a water shield to side door latches in 2015-2017 F-150s and 2017 Super Duty trucks.
"In affected vehicles, a frozen door latch or a bent or ...Read more
Q: I add some Sea Foam Motor Treatment to my car's gas tank twice a year with the hope that it will take care of any water that has accumulated in the gas tank due to condensation. Is water in the gas tank an issue most people should worry about? Is Sea Foam doing what I hope it's doing? Am I just wasting my money?
-- Phil M., Victoria, B.C.
The Toyota Tundra hasn't changed much over the past 10 years -- and it hasn't changed much for 2018. But that's not necessarily a bad thing when it comes to trucks.
The Tundra, unlike many of its rivals, doesn't have a turbocharged direct-injected V-6 engine, a 10-speed transmission or an aluminum body.
Instead, it comes standard with a ...Read more
DETROIT -- Elon Musk predicted two years ago that a Tesla should be able to travel almost 746 miles on a single charge by 2020.
It was considered a bold statement from a CEO known for making bold statements, but it was also a sentiment that reflected a widely held belief in the inevitability of, and need for, increasingly longer-range electric ...Read more
- Larry Printz: The 2018 Range Velar is a modernist masterpiece for this generation
- Larry Printz: Chrysler makes the mobile family room fuel efficient
- Tesla announces electric truck and teases a new sports car
- Car recalls are at an all-time high, but 30% remain unrepaired
- Study finds carbon emissions increase when land is converted into crops for ethanol