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Ford posts rare increase as industry gains from clunkers

Ford Motor Co. posted its first U.S. sales increase in 19 months in July and most rivals pared their declines as the federal cash-for-clunkers incentive helped lift industry demand to its highest rate this year.

Volkswagen chief: No. 1 in the world by 2018

Volkswagen chairman Martin Winterkorn reaffirmed his company's ambitious and audacious goals on Wednesday night on the eve of the Paris motor show: pass Toyota and General Motors for the title of world's largest automaker in 2018. Winterkorn was the final speaker after an event that featured unveilings from each of the German conglomerate's brands. He said his company wants to record total sales of 10 million in eight years, which would vault it pass the current levels of global leaders Toyota and GM.

Ford and GM reliability ratings dip in Consumer Reports survey

Consumers rated Ford's new Explorer, Fiesta and Focus models at less-than-average reliability during their first year, according to Consumer Reports' annual auto survey. Poor reception of the new models bumped Ford's overall reliability rank from the 10th spot in 2010 to the 20th this year among the 28 major nameplates included in the survey. Findings are based on responses from 1.3 million vehicle owners or lessees who subscribe to the magazine.