Ford swings to $2.7 billion profit
Posted by admin / Under AutomobileNEW YORK (CNNMoney.com) -- Ford Motor earned $2.7 billion in the second quarter, reversing from an operating loss in the prior year's quarter and easily topping estimates. The automaker earned 68 cents a share, excluding special items. That compares to a loss of $638 million, or 21 cents a share, on the same basis in the year earlier quarter. The consensus forecast of analysts surveyed by Thomson Reuters was for earnings of 40 cents a share. Ford easily topped even the most bullish forecast of a 48 cent a share profit.
World's Most Expensive Car Sold for $30-$40M
Posted by admin / Under Automobile1936 Bugatti 57SC Atlantic is one of two known to exist. An undisclosed buyer has purchased a prized 1936 Bugatti 57SC Atlantic belonging to the late car collector Dr. Peter D. Williamson for between $30 and $40 million, The Wall Street Journal reports.
Nissan electric car to cost $25K after tax credit
Posted by admin / Under AutomobileNEW YORK (AP) -- Nissan Motor Co. said Tuesday its new electric car will cost just over $25,000 in the U.S., a move that could force rivals to lower prices on similar vehicles.
Hot cars in Detroit: Small, electric and sporty
Posted by admin / Under AutomobileDETROIT (AP) -- More than any auto show in recent memory, the new cars rolled out this week out at the Detroit auto show will redefine what we drive in the future.
Battery failure -- what to do? Need some expert advice
Posted by admin / Under AutomobileOkay, I need some advice from you guys who know about cars. I always have had Sears Die-Hard batteries, but this time last year, my battery (which was a couple of years past its warranty) died and I called AAA to come rescue me. They sold me a new battery, I think it cost about $100, and installed it on the spot. Today when I tried to start my car, after the DC blizzard of 2009, the battery would turn over, very slowly, but the car wouldn't start. So I had to call AAA again, and now I am sitting...



