Car maker, Ford Motor Company (NYSE: F) announced on Thursday that it will be spending about $773 million for revamping manufacturing facilities in 6 southeast Michigan plants in 2013 as the company looks to launch next generation of products.
Shares of FedEx Corp. (NYSE: FDX), providing customers and businesses worldwide with a broad portfolio of transportation, e-commerce and business services, edged higher in trading today. FDX shares ended the day 0.91% higher at $93.20 on above average volume of 5.32 million. The stock hit an intra-day high of $95.44, and has gained 3.45% in [...]
Detroit, Michigan-based General Motors Company (NYSE: GM), U.S.’s largest automaker, today reported results for the third quarter ended Sep 30, 2012.
U.S. automobile industry’s big three players posted stronger sales growth in June. While Ford Motor’s (NYSE: F) sales climbed up 7% in June from a year earlier, General Motors (NYSE: GM) and Chrysler Group LLC posted a double digit growth.