Ford Motor Co., taking its 50-year old Mustang global for the first time, today unveiled a revamped muscle car boasting a sleeker look and optional smaller engine that will target the widest set of buyers ever.
Almost 50 years after Ford Motor Co.’s first Mustang introduced Americans to the fast and affordable pony car, the automaker is counting on a new design it unveils on four continents tomorrow to spur global sales.
General Motors Co. and Chrysler Group LLC gains led November U.S. auto sales that accelerated to the fastest pace in more than five years as dealers stepped up promotion of year-end offers to try to control rising inventory.
Ford Motor Co., pushing for 8 million annual sales by the middle of this decade, rolls out its cheapest global small car next year, aiming to provide the first set of wheels to buyers in emerging markets.
Dennis Williams, a former welder who helped jump-start Barack Obama’s presidential bid, is poised to lead the United Auto Workers union as it seeks to accelerate a recovery paced by resurgent U.S. automakers.