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J.D. Power and Associates’ study found that the initial quality of recent vehicle launches fell by 10 percent to an average of 122 problems per 100 vehicles in 2011.
Read More →Former Ford executive Gerhard Geyer’s book, "Ford Motor Company: The Greatest Corporate Turnaround in U.S. History," explains how the automaker avoided bankruptcy during the recent recession.
Read More →May saw sales increases for Chrysler, GM and Mercedes-Benz, while Ford sales stayed consistent with the year-ago period. Due to parts and production shortages in Japan, import brands Honda, Nissan North America and Toyota Motor Sales all saw decreases compared with May 2010 sales.
Read More →The iPad and smartphone versions of the Ford and Lincoln Build and Price online shopping tool allow shoppers to virtually build a car, receive a price estimate, and find a local dealership to facilitate the purchase.
Read More →Edmunds.com estimated that the average “True Cost of Incentives” from automotive manufacturers in the United States was $2,118 per new car sold in April 2011, down $250, or 10.6 percent, from March 2011, and down $515, or 19.6 percent, from April 2010.
Read More →Ford Motor Company today reported first quarter 2011 net income of $2.6 billion, an increase of $466 million from first quarter 2010 as fuel-efficient new products, continued investment in global growth and the strengthening of Ford’s core business boosted results.
Read More →Honda and Lexus took home the top prizes in Edmunds.com’s inaugural Best Retained Value Awards, which recognize the brands and new-car models that have the highest projected residual value after five years.
Read More →FordDirect and Ford Motor Company announced Feb. 5 that Galpin Ford of North Hills, Calif., and Hines Park Lincoln of Plymouth, Mich., are the Ford and Lincoln-Mercury Internet Dealers of the Year for 2011.
Read More →Edmunds.com estimated that the average automotive manufacturer incentive in the U.S. was $2,530 per vehicle sold in January 2011, essentially unchanged from December 2010, but up $177, or 7.5 percent from January 2010.
Read More →Ford Motor Credit Company reported net income of $2 billion in 2010, an improvement of $0.7 billion from earnings of $1.3 billion a year earlier.
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