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Ford's net profit slips to $1.65 billion for the third quarter
Wed, 26 Oct 2011Ford Motor Co., hurt by accounting changes related to commodity prices, said third-quarter net profits fell slightly to $1.65 billion from $1.69 billion a year earlier. Pretax profits fell to $1.94 billion from $2.06 billion a year earlier. North American pretax operating profits were essentially flat from the year-earlier period at $1.6 billion.
GM sued for not recalling nonpolice Chevrolet Impalas to fix spindle rods
Wed, 06 Jul 2011General Motors has been sued by the owner of a Chevrolet Impala who claims the company recalled police versions of the sedan to fix a tire-wear issue but did not recall civilian Impalas for the same problem. According to the suit, filed in Detroit, GM issued a recall for police Impalas in 2008 for faulty spindle rods, which misaligned the rear wheels and led to premature tire wear. GM told dealers to replace the spindle rods, realign the rear wheels and replace the tires.
Test your car's audio quality with iTunes playlist
Mon, 27 Sep 2010General Motors audio engineer Matt Kirsch, who did the sound work for the Chevrolet Cruze, has developed an iTunes playlist that helps drivers test their cars' audio quality. The “10 Songs for an Audio ‘Test Drive'” playlist includes: “Don't Know Why” by Norah Jones “Diamonds and Rust” by Joan Baez “No One” by Alicia Keys “Hotel California” by the Eagles “Boom Boom Pow” by the Black Eyed Peas “Rock That Body” by the Black Eyed Peas “Hide and Seek” by Imogen Heap “He Mele No Lilo” by Mark Keali'i Ho'omalu (from Lilo & Stitch) “Bird on a Wire” by Johnny Cash “Packt Like Sardines in a Crushd Tin Box” by Radiohead While “Boom Boom Pow” and “Rock That Body” should have accurate and powerful bass beats, “No One” and “Bird on a Wire” should feature clarity in the vocals. Kirsch's playlist is available for download at http://tiny.cc/c2ach.