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Ford slows rate of cash burn in posting $1.4 billion net loss
Fri, 24 Apr 2009Ford Motor Co., the only U.S. automaker operating without federal bailout loans, burned through $3.7 billion in cash during the first quarter in posting its fourth straight quarterly loss. Ford slowed the burn rate from the fourth quarter of 2008, when cash declined by $5.5 billion.
Ford scores tumble, Toyota rebounds in Initial Quality survey
Thu, 23 Jun 2011Buyer satisfaction with new cars and trucks from Ford Motor Co., a strength that has helped it increase sales and market share in recent years, has tumbled, and Toyota has rebounded from its abnormally poor year-ago showing, according to a study released Thursday. In a J.D. Power and Associates survey that tracks problems reported during the first 90 days of ownership, the Ford and Lincoln brands plunged below the industry average of 107 problems reported per 100 models studied.
How Mercedes sees into the future
Thu, 23 Jan 2014Mercedes' crystal ball is named Alexander Mankowsky. At 56, he's dressed for CES in khaki trousers and a leather vest, with thin glasses perched on a round face; his frizzy white hair resembles what Einstein's would if he were caught in a wind tunnel. He might be a long-distant uncle, or he might be Doc Brown, fresh from the DeLorean.