Automakers reported a plethora of ugly, negative numbers in May. But despite an implosion in demand for sedans, the industry's selling rate rose slightly from April, keeping 2016 on track to break last year's U.S.
By hiring a largely bilingual staff and catering to Hispanic customers, a Houston dealership has doubled sales and become one of Ford's most profitable retailers.
Ford executive Joe Hinrichs says the end of two-tier wages eliminated a major source of distraction on the factory floor but changes the company's calculations on shifting work from overseas.
U.S. sales of full-size vans are increasing eight times faster than the industry average. The growth has commercial vans on track to top half a million sales for the first time ever this year.
Higher first-quarter sales of the redesigned F-150 and a retooled crossover lineup drove Ford Motor Co. to the highest quarterly pretax profit in its 113-year history and its best-ever results in North America.
Since 2011, Ford Motor Co. has earned pretax profits totaling $45 billion in North America. It lost $1.8 billion in the rest of the world. And North America's position as Ford's profit driver keeps getting stronger.
A decade from now, Ford plans to have 30,000 employees housed on two Silicon Valley-like campuses in Dearborn, rather than scattered across the city in some 70 buildings.
The Ford brand is extending its year-old stair-step incentive program through at least July, based on evidence that it has helped increase market share and dealer profitability, but executives are evaluating whether it...
Lincoln already has a list of 40,000 people who have expressed interest in buying the upcoming Continental, and brand executives say they soon plan to start working with dealers to help convert those leads into firm orders...
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