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US Auto Sales Reach Five-Year High

US Auto Sales Reach Five-Year High

KAREN BLEIER/AFP/Getty Images(NEW YORK) — U.S. auto manufacturers, as it turns out, did quite well in 2012.  Sales climbed 13.4 percent to 14.5 million cars and light trucks sold — a five-year high.It was a big year for Chrysler — the company i…

Ford to Invest $773M in Michigan Plants, Add 2,350 Jobs

Ford to Invest $773M in Michigan Plants, Add 2,350 Jobs

KAREN BLEIER/AFP/Getty Images(DEARBORN, Mich.) — Ford Motor Company announced on Thursday it’s spending more than $773 million to enhance and expand six facilities in Michigan that will create 2,350 new hourly jobs.In addition to the new positions, th…

Ford Hybrids Not Living Up to MPG Claims?

Ford Hybrids Not Living Up to MPG Claims?

KAREN BLEIER/AFP/Getty Images(NEW YORK) — Are you a car buyer who trusts what you read on the window sticker?  New findings by Consumer Reports may make you think twice.The magazine says its tests show the new Fusion Hybrid and C-Max hybrid don&r…

Ford’s Lincoln Making a Comeback

Ford’s Lincoln Making a Comeback

Bryan Bedder/WireImage/© Ford Motor Company(NEW YORK) — The Ford Motor Company is unveiling a new version of its Lincoln luxury car called the MKZ, which is being marketed to younger drivers.At one time, Lincoln was Ford’s top luxury car, but whe…

Auto Sales Hit Highest Level Since Early 2008

Auto Sales Hit Highest Level Since Early 2008

iStockphoto/Thinkstock(NEW YORK) — Car and truck sales in the U.S. have hit their highest level since February of 2008, according to Autodata. Of the Detroit three, Chrysler had strong sales, showing a 12-percent increase compared to a year ago. …

Ford, GM, Chrysler Report Strong August Sales

Ford, GM, Chrysler Report Strong August Sales

KAREN BLEIER/AFP/Getty Images(WASHINGTON) — Consumers may still be exercising caution when it comes to spending money on some things, but last month’s auto sales showed that new cars isn’t one of them.August was a hot month for the auto in…

GM, Ford Sales Slip in July; Chrysler, Others Report Strong Month

GM, Ford Sales Slip in July; Chrysler, Others Report Strong Month

iStockphoto/Thinkstock(NEW YORK) — Any worries Americans have about the economy fail to dissuade them from buying cars.  Chrysler had a banner July, with sales up 13 percent. Volkswagen posted a 27 percent jump. Toyota saw a 26-percent rise. And …

Ford Recalls 2013 Escapes, Tells Owners to Stop Driving Car

Ford Recalls 2013 Escapes, Tells Owners to Stop Driving Car

KAREN BLEIER/AFP/Getty Images(DEARBORN, Mich.) — If you bought a new Ford Escape in the past few months, you may be getting a notice from the automaker soon to stop driving your SUV.Ford issued a recall Thursday of about 11,500 Escapes citing a proble…

Chrysler Sales Soar in April While Ford Sales Drop

Chrysler Sales Soar in April While Ford Sales Drop

KAREN BLEIER/AFP/Getty Images(DETROIT) — Chrysler sales soared 20 percent in April compared to the same month in 2011, while Ford sales dropped 5 percent.The Detroit Free Press reports that Chrysler reported its twenty-fifth consecutive month of year-…

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