Ford, DaimlerChrysler close in on confirming thousands of new auto ...
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TORONTO (CP) - Thousands of jobs could be created over the next two years by two Big Three automakers closing in on official announcements of significant plant expansions in southern Ontario, the president of the Canadian Auto Workers union said Friday.
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With voting wrapping up at Chrysler, the union is about to turn its attention to Ford Motor, the last Detroit company that must reach an agreement on a new labor contract.
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Ford Motor Co.'s F.N new vehicles  have yet to meet targeted sales volumes, compelling analysts to  question the success of models the automaker is banking on to  stem its bruising U.S. market-share losses.
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Auto giant DaimlerChrysler AG  (DCXGn.DE) is in detailed discussions with China's Chery  Automobile to make cars for sale in the United States and other  markets and could finalize the deal soon, sources said on  Friday.
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Ford Motor Co.  has hired investment banks to help it explore options including a sale of its Jaguar and Land Rover European luxury brands, sources familiar with the matter said, as several companies ruled themselves out from bidding.
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Ford Motor Co. said on Thursday it  has had contact with interested parties for its Land Rover and  Jaguar luxury brands and is evaluating the level of interest.
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A detailed sales prospectus for Chrysler Group bidders should be completed soon, according to two sources close to the process, the first step toward a potential sale that would unwind the 1998 merger that created DaimlerChrysler AG .
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Ford Motor Co . is set to choose a  frontrunner to buy European brands Jaguar and Land Rover around  the end of this week as it moves towards a sale early in 2008,  said a person close to the matter on Monday.
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Ford Motor Co.  is launching a  strategic review of operations such as the Jaguar brand, that  may lead to asset sales or alliances with other companies, the  Wall Street Journal reported on Wednesday, citing people  familiar with the situation.
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A detailed sales prospectus for  Chrysler Group will be ready for potential buyers of the  automaker soon, a source close to the process told Reuters on  Friday.
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DaimlerChrysler and General Motors said on Monday they would co-operate on developing hybrid technology to produce cleaner cars. The two said in a joint statement they would work together to
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DETROIT -- Ford Motor Co. has received several bids for its Jaguar and Land Rover units, but a spokesman said they were preliminary and no sale of either British automaking business was imminent.
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General Motors and DaimlerChrysler have announced plans to join forces to develop a new generation of hybrid-powered vehicles, underlining the potential for environmentally friendly cars which use much less fuel.
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DaimlerChrysler AG's   U.S. head of product development said on Wednesday that the German-American carmaker's Detroit and Stuttgart-based units plan to share more components and platforms -- and one day could be building their vehicles in common plants.
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Ford Motor Co. of Canada&#39;s rivals will be watching closely today as the automaker makes a widely-anticipated announcement confirming its plans to build a $1-billion flexible manufacturing plant in Oakville, Ont.
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Ford Motor Co. is seeking buyers for its Volvo, Jaguar, and Land Rover brands in Europe as the money-losing automaker tries to focus on North America, two people familiar with the strategy said.
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With a raft of new products ready to roll out over the next few years, Ford Motor Co. is setting big growth goals for its long-troubled Lincoln Mercury division.