Skip to: Content
Skip to: Site Navigation
Skip to: Search

July 25, 2008 8:03:10 AM CDT

Learn about Newser Points »

Stories related to: US automakers

Stories

5 Stories

  • April 2008

    • Kerkorian Bets Big on Ford Turnaround

      newser  |  Wall Street Journal  |  Apr 28, 08 4:22 PM CDT

      Kerkorian Bets Big on Ford Turnaround

      Investor Kirk Kekorian is gobbling up shares of Ford in move seen as a vote of confidence for the automaker’s turnaround efforts, the Wall Street Journal reports. Kerkorian’s Tracinda has bought about 100 million shares and holds a 4.7% stake in the firm. Tracinda also offered to buy 20 million more for $8.50 apiece, 13% more than their market value Friday. More »

      Tags

      General Motors  • stocks  • Ford  • Kirk Kerkorian  • US automakers  • investor  • downsizing

    • More Cuts Planned as Ford Shifts Out of Reverse

      newser  |  Wall Street Journal  |  Apr 23, 08 2:41 AM CDT

      More Cuts Planned as Ford Shifts Out of Reverse

      Ford was in the worst shape of Detroit's Big 3 a couple of years ago but chief executive Alan Mulally's sweeping changes have put the firm back on the road to profitability, the Wall Street Journal reports. The company has slashed jobs, and will likely cut more, and ditched its Jaguar and Land Rover brands. Insiders say Volvo could be the next to go. More »

      Tags

      auto industry  • Ford  • Jaguar  • Volvo  • Land Rover  • US automakers  • Alan Mulally

    • Pickup Sales Plummet to 10-Year Low

      newser  |  BusinessWeek  |  Apr 9, 08 7:35 AM CDT

      Pickup Sales Plummet to 10-Year Low

      US pickup truck sales tumbled in March, hitting their lowest level in nearly a decade. The Big Three all reported double-digit percentage drops in sales this month—the Dodge Ram was down 26%—and large pickups represented barely more than 10% of the auto market. High gas prices added fuel to the freefall, but the housing crisis—and an attendant drop in carting construction loads—may have had the most impact. More »

      Tags

      gas prices  • housing market  • General Motors  • Ford  • auto sales  • Big Three  • US automakers  • pickup trucks  • Ford F 150

  • March 2008

    • Ford to Sell Jaguar, Land Rover to India's Tata

      newser  |  Wall Street Journal  |  Mar 25, 08 9:30 PM CDT

      Ford to Sell Jaguar, Land Rover to India's Tata

      Ford will sell marquee brands Jaguar and Land Rover to India's Tata Motors, the Wall Street Journal reports. Under the deal, expected to be announced tomorrow, Ford will get $2 billion, less than it paid for either company in separate deals years ago. Ford has lost $15 billion the past two years and is in the midst of a major restructuring. More »

      Tags

      Ford  • Jaguar  • Tata Motors  • US automakers  • Land Rover  • Alan Mulally

  • January 2008

5 Stories

Today's Most Popular

Loading...

What is Newser?

2008 Codie Finalist

Newser gives you more news in less time. We search for the best and most important stories all over the web, read them for you, and deliver concise and sharp summaries—along with links to the full text. Newser provides a way to stay on top of an ever-expanding horizon of news and opinion—politics, sports, business, trends, technology, personalities, crimes, and controversies. Newser keeps you not just better informed, but, with our signature graphic interface and smart condensed format, more enjoyably informed.

Learn more »