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Two out of three U.S. automakers reported vehicle sales increased in October, with Chrysler Group LLC reporting sales slumped significantly, down 30 percent. General Motors Co. said it sold 177,603 vehicles in the month, while Ford said it sold 132,483.
Tags: Ford Motor Company, Future Ford / Kia, Ford Posts, Ford Motor Co., U.S, Chrysler, Ford Mustangs, General Motors, quarter profitable, cost cut
a holdout from government bailout funds, said it lost $14.6 billion in 2008, but could still manage without government help...GM ) and Chrysler LLC have accepted billions in government aid to see them through an industry-wide slump in auto sales.
Tags: Ford Motor Co., worst annual, annual loss, net loss, government aid, U.S, seeking government, unpredictable economy, ford posts
Chrysler LLC is planning to cut 1,000 salaried jobs by Sept. 30, in an effort to cut costs amid a deep slump in U.S. auto sales, according to a memo sent to employees. "To respond to the current market conditions, an incremental manpower reduction of...
Tags: ford, chrysler, auto, Ford Motor Co., president, Ford Motor Company, ford posts, Ford Motor Credit Company, North American, AM Ford Motors