Joseph Amaturo News
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General Motors Co., facing mounting losses in Europe, will have to spend at least $1 billion to revive its operations in the region, according to estimates from three analysts.
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U.S. auto sales in August probably were the slowest for the month in 28 years as model-year closeout deals failed to entice consumers concerned the economy is worsening and they may lose their jobs.
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Ford Motor Co., seeking to boost its image and its prices in Germany, is up against car buyers like Stefanie Weiland.
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Ford Motor Co. , after increasing its share of the U.S. light-vehicle market for the last two years, is falling short of its retail goal this year, which may put pressure on the automaker to offer larger discounts.
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Ford Motor Co. Chief Executive Officer Alan Mulally said he plans to stay with the automaker as it works to regain its investment-grade credit rating and restore the common stock dividend it suspended five years ago.
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Ford Motor Co. may report adjusted second-quarter profit of $1.62 billion tomorrow as Chief Executive Officer Alan Mulally ’s overhaul of the lineup lets the company charge more for new models.
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Ford Motor Co., poised to begin negotiations with the United Auto Workers, may report lower second-quarter profit tomorrow on rising costs for commodities and developing new vehicles.
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