Automotive News This Week: Ford, Chrysler, Consumer Digest
Ford Motor Company [NYSE: F] today reported net income of $997 million, or 29 cents per share, in the third quarter as strong new products, structural cost reductions and improved results at Ford Credit lifted the company’s results despite continued weak global economic conditions. This is a $1.2 billion improvement compared with the same period last year.
Consumers Digest Magazine Names 2010 Automotive Best Buys
Thirty-six vehicles and 12 companion models received Best Buy ratings from Consumers Digest out of some-240 total 2010 models. The ratings, published in CD’s December issue (on sale November 1), span 10 categories: Small Cars, Family Cars, Luxury Cars, Sporty Cars, Pickups, Minivans, Compact SUVs, Midsize SUVs, Full-size/Luxury SUVs and Hybrids.
Chrysler’s revival to lean heavily on Fiat
Italian car maker expected to shift compact models to North American production; Dismal sales numbers, crumbling market share and an outdated lineup are staring Fiat SpA and Chrysler Group LLC chief executive officer Sergio Marchionne in the face as he prepares to unveil a sweeping reorganization for the company Fiat saved from the scrap heap five months ago.
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Filed under: Auto News, Car News, Warranty Direct
A $1.2 billion improvement. This is why i see more and more ford cars for sale. I hear the new hybrid ford fusion has been released too lets see how that helps the turn over for ford.
we have an Automotive shop at home because my dad and i loves automobiles. **~
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