Ford Motor Co., speeding the rollout of the redesigned Lincoln MKZ sedan to revive its luxury line, said the model’s April U.S. sales set a monthly record that drove a gain of at least 10 percent for the brand.
For the first time in two decades, General Motors Co., Ford Motor Co. and Chrysler Group LLC pulled off a sweep in the first three months of a year, with all three gaining U.S. market share in 2013’s first quarter.
General Motors Co. Chief Executive Officer Dan Akerson’s conflicts with maverick marketer Joel Ewanick started weeks before he was ousted for not properly disclosing as much as a third of the cost of a $559 million soccer deal, people familiar with the situation said.
Ford Motor Co. plans to triple North American production of electric vehicles and hybrids to more than 100,000 models by 2013 as it works to make a quarter of its vehicles run at least partly on electricity.
Ford Motor Co.’s global marketing chief says the automaker is focused on high “real world” fuel efficiency in its vehicles after a California woman won a case against Honda Motor Co. for failing to meet mileage claims.