Pickup Trucks News
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China’s stocks fell after a three- day holiday, dragging the benchmark index to a six-month low, as government reports showed industrial production and exports trailed economists’ estimates.
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Updated 3 hours, 14 minutes ago
Toyota Motor Corp. said it will meet the sales goal for its Prius model in the U.S. after saying in April that the world’s biggest carmaker may adjust the target as declining gas prices sap demand.
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The following is the text of the Federal Reserve Board’s Fourth District-- Cleveland.
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Business is booming at Pioneer Natural Resources Co., an oil and gas exploration company, and so is its demand for pickups. Pioneer bought more than 250 new Ford F-Series trucks since August and is ordering 200 more.
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South African vehicle sales gained for a second month in May, boosted by increased purchases of cars and light commercial vehicles, an industry group said.
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Ford Motor Co.’s factories in Thailand are capable of producing eight times more vehicles than it sells locally. With help from a Thai government program, the automaker plans to make sure the excess capacity doesn’t become a liability like at its plants in Europe.
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Asian shares rose as the Nikkei 225 Stock Average closed above 15,000 for the first time since 2007 after the yen touched a 4 1/2-year low against the dollar, boosting the earnings outlook for Japanese exporters.
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Ford Motor Co. said it began operating today in Myanmar, a country isolated for five decades until the U.S. eased sanctions last year.
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The following is the text of the Federal Reserve Board’s Fourth District-- Cleveland.
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Pickup trucks lined a stretch of gravel road where 150 farmers mingled between 7-foot tall cornstalks and shimmering soybeans to see which of their wealthy brethren would bid on a swath of Iowa’s richest cropland. This was a farm -- table-flat and 314 acres -- so coveted that it drew three times the usual land-sale crowd.
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