fomoco

Ford Motor Company announced Wednesday that it has posted a $1 billion profit for the second quarter of 2012. That sounds like good news for the Blue Oval, until you take into account that Ford posted a $2.4 billion profit for Q2 a year ago. That is a substantial 58 percent loss. Ford also ...

Thanks to its countless hours of research and testing, Consumer Reports is able to provide detailed and accurate assessments of pretty much every new car out there. Some of the data they compile results in the all-important reliability and safety ratings. On the other hand, some of the stuff ...

What's good for the goose may be good for the gander, but what works for one country or automaker doesn't necessarily work for another. So while the Canadian Auto Workers union may have approved a new agreement with Ford, below the 49th parallel their compatriots apparently feel otherwise. Up ...

On the surface, at least, news that a company lost $1.4 billion wouldn't normally be greeted as good news by Wall Street. However, the Ford Motor company's just-published quarterly earning reports have done just that, with the stock trading 15% ahead of yesterday and the entire Dow Jones stock ...

Late last week we clued you in to some spy shots of the 2010 Ford Taurus, and now that more mules are circulating frigid greater Detroit, we've got a whole set of even more revealing snaps. These KGP photos of a different ...

While Toyota and General Motors continue to duke it out for first place among the world's largest automakers, the lower rungs have been equally hotly contested. It came as a shock to many that Hyundai-Kia had surpassed Honda to take the Number 5 spot, but if you think the battle is being waged ...

In an interview with Whatcar?, Ford's global product development boss Richard Parry-Jones said car buyers need to embrace greener cars if global warming is to be overcome. In fact, Parry-Jones goes on to say it's the role of the consumer, not car manufacturers, to save the planet from polluting ...

After 33 years with FoMoCo, A.J. Wagner will retire on January, 1st 2007. Holding both a Vice President's position for the automaker and serving as the president of Ford Motor Credit Company in North America. Wagner's departure, according to the man himself, serves to make Ford, "a smaller, leaner ...

An analyst with Bear Stearns delivered an interesting assessment of the domestic automakers today, stating that Ford's credit rating deserves a boost on the basis of its upcoming expected turnaround performance. The stock's rating was cranked up two notches from "underperform" to "overperform", and ...

As talks approach with General Motors head Rick Wagoner, Carlos Ghosn is stating that he has no desire to head up the conglomerate if a merger of sorts takes place. Apparently, he feels that he's busy enough running both Nissan and Renault. Ghosn did show some interest in getting a board seat if a ...