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  • Ford 2Q net profit up 6 per cent to $1.3 billionFord 2Q net profit up 6 per cent to $1.3 billion

    DEARBORN, Mich. - Ford Motor Co. beat Wall Street's expectations in the second quarter as it chalked up a record profit in North America and made money in Europe for the first time in three years.

  • GM profit 2Q falls 85 pct. on recall costsGM profit 2Q falls 85 pct. on recall costs

    DETROIT - Recall expenses chopped $1.5 billion from General Motors' bottom line in the second quarter, as it added up the costs of repairs for nearly 30 million cars and set aside funds to compensate victims of small-car crashes.

  • 50K Canadian vehicles in latest GM recall

    DETROIT - General Motors issued six more recalls on Wednesday, bringing its annual total to 60 recalls covering almost 30 million vehicles.

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