Ford Motor Company, Carmaker | featured news

Ford's market analyst said U.S. auto sales are running at the strongest pace since April as vehicle inventories recover for Toyota and Honda.

Toyota Motor Corp and Ford Motor Co will work together to develop gasoline-electric trucks and SUVs that will be ready for market by the end of the decade, the two companies said on Monday.

Ford Motor Co plans to build a $900 million production plant in India, doubling its investment in the country, as the U.S. carmaker seeks to catch up with rivals in the second-fastest growing auto market in the world.

But Chrysler Group said its August sales rose 7 percent thanks to the Jeep Grand Cherokee.

Ford said Tuesday it would stop production of Mercury vehicles in the fourth quarter and discontinue the brand.

Ford said European sales rose sharply in March, lifting its market share to a 12-year high, and the company said it is pressing for continued government incentives for car buying.

Ford Motor reached an agreement to sell its Volvo subsidiary to a Chinese conglomerate for $1.8 billion.

US auto sales rose in January but were tempered by Toyota Motor Corp. (TM), which suffered a sales slide late in the month from a recall that led the auto maker to halt sales of more than half its vehicles.

The debate over distracted driving ramped up a notch on Thursday as Ford Motor Co. announced technology to let computers read their Twitter feeds to them while they're driving.

The Ford Fusion Hybrid is the best hybrid model in the U.S. market, according to our reviewer. It is the best in the U.S. in part because it is the best for the U.S.