loss

When speaking on behalf of a group, it's in everyone's best interest to have a common 'message' agreed upon before addressing others. This didn't seem to be the case yesterday, when rumors of DaimlerChrysler selling their latter, less profitable, half began circulating.DaimlerChrysler's CFO, Bobo ...

Alex Nunez joins Damon and myself again on the 46th episode of the Autoblog podcast. Lately it seems like the podcast wouldn't be official unless we talked about Ford, and this week keeps the Blue Oval streak alive with a conversation of Ford's performance (or lack thereof) in the third quarter of ...

The Chrysler Group is stepping in line with Ford today, which earlier announced more buyouts for Blue Oval workers, plant closings and that it won't see a profit in North America until 2009 at the earliest, to announce that it has increased the amount it expects to lose in the third quarter by ...

Mark Fields – "If we have to move faster and cut deeper, we will."The Detroit News is reporting that Ford will accelerate its Way Forward Plan in light of the $123 million loss it posted for the second quarter, which was much larger than what analysts were expecting. Mark Fields, Ford's ...