September 24, 2020

    Daily Auto News, Luxury Cars, Photos, Prices, Spy Shots, Videos, Incidents and more
    Ford logo in their auto plant

    Ford says turnaround to take years as results fell short for 2017 and 2018

    Ford Motor last week estimated financial outcomes for 2017 and 2018 that fell short of investor expectations, in a downbeat projection that contrasted with a more favorable outlook from competing automaker General Motors. Ford Chief Financial Officer Bob Shanks informed experts at an investor conference in Detroit that greater expenses for steel, aluminum and other […]

    Ford
    Ford logo in their auto plant

    Ford’s vehicle sales in China sales drop 8 percent in November

    Ford Motor sales in China dropped 8 percent in November from a year earlier, following a 5 percent decline in October, the United States automaker stated. The company’s sales in the first 11 months of the year amounted to 1.06 million vehicles, drop of 6 percent from the same period a year earlier. Ford’s China […]

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    Canada Toronto road

    General Motors, Ford Motor report drop in Canada auto sales

    General Motors and Ford Motor on Friday reported a fall in Canadian vehicle sales for November. GM sold 23,612 vehicles in Canada, drop of 17.2 percent. Chevrolet represented over half of the overall sales, the Detroit-based automaker stated. Ford stated sales dropped 2.8 percent to 23,788 vehicles, mostly due to less demand for cars. GM […]

    Press Releases
    Ford logo in their auto plant

    Ford, PSA led European vehicle sales dropped in September

    French automaker PSA Group and U.S. rival Ford led a 2 percent drop in European car sales previous month, according to industry data released on Tuesday. September registrations dropped to combined 1.466 million cars in the European Union and European Free Trade Area (EFTA), the Brussels-based Association of European carmakers stated. Combined sales of PSA […]

    Ford , Peugeot
    USA traffic

    U.S. auto sales dropped for fourth consecutive month in June

    Major automakers reported a fourth straight month of lower U.S. new vehicle sales for June and could be found below expert expectations, regardless of substantial consumer discounts and easy loan terms, providing fresh proof that this year will fall short of 2016’s record year for the market. Automakers’ shares increased, however, as retail sales to […]

    Cars
    Ford logo in their auto plant

    Ford’s China sales increased in June as tax impact phases out

    Ford Motor stated its China sales rose 15 percent in June, their strongest speed of the year, and it was positive about the outlook for the 2nd half as the market puts the phasing out of a tax cut behind it. Peter Fleet, Ford’s Asia-Pacific chief, stated the first quarter had been hard after a […]

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    Ford Motor logo

    Greater investments, sales fall to weigh on Ford first-quarter earnings

    Ford Motor stated on Thursday it expects reduced profits per share in the first quarter and reduced pretax profit in 2017 because of higher costs on commodities, warranties and investments and a fall in sales volumes specifically fleet sales. Ford shares were low almost 1 percent at $11.66 in morning trading after the announcement, which […]

    Ford
    2017 Lincoln MKC SUV

    Increase in Ford F-Series, Suvs, And Lincoln Sales, 1 % Decrease In Overall U.S Sales For January

    The retail sales of Ford Motor in U.S. have reached about 120,400 vehicles in January, which is 6 percent increase, whereas total sales of U.S saw 1 percent decrease. Mark Laneve, the vice president of Ford’s U.S. Marketing, Sales and Service, commented that “This new year has brought strong consumer demand for F-Series, Lincoln and […]

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