motors

Business

GM to Spend $2 Billion to Upgrade 17 U.S. Plants

General Motors said Tuesday it will pump $2 billion into U.S. assembly plants in eight states as it ramps up production to boost market share, Bloomberg reported.

Transport Topics
May 10, 2011
Business

Ford Reports Best 1Q Since 1998

Ford Motor Co.’s first-quarter profit rose 22% to the highest level in 13 years, the company said Tuesday.

Transport Topics
April 26, 2011
Business, Government, Safety

Agencies Duplicated Inspections, GAO Says

The Federal Motor Carrier Safety Administration and the Transportation Security Administration have conducted several dozen overlapping fleet inspections, according to a recent Government Accountability Office report about wasteful and duplicative federal programs.

March 14, 2011
Business, Government, Safety

FMCSA Names 3 to Medical Review Board

The Federal Motor Carrier Safety Administration has appointed three new members to its Medical Review Board.

Transport Topics
December 7, 2010
Business

GM Reports $2.1 Billion Third-Quarter Profit

General Motors Co. Wednesday reported a $2.1 billion third-quarter profit, as it prepares for a new initial public offering as soon as next week, Bloomberg reported.

Transport Topics
November 10, 2010
Business

Ford Posts Record Third-Quarter Profit

Ford Motor Co. Tuesday reported its best third-quarter profit on record, becoming the world’s most profitable automaker, Bloomberg reported.

Transport Topics
October 26, 2010
Business, Government, Safety

Ferro Says FMCSA to Alter CSA to Address Industry Concerns

PHOENIX — The Federal Motor Carrier Safety Administration is making several changes in its soon-to-be-implemented overhaul of truck safety standards as a result of industry comments, Administrator Anne Ferro told Transport Topics.

October 25, 2010
Business, Government, Safety

FMCSA to Increase Focus on Driver Health

PHOENIX — The Federal Motor Carrier Safety Administration is looking ahead to a number of rules focused on driver health and fitness in the next year or two, after the agency completes its spate of mandatory regulations, Administrator Anne Ferro said last week.

October 25, 2010
Business

GM Reports $1.3 Billion Second-Quarter Profit

General Motors Co. said Thursday it posted a $1.3 billion second-quarter profit, as it prepares to sell its stock to the public, the Associated Press reported.

Transport Topics
August 12, 2010
Business

Ford to Make $4 Billion Debt Payment

Ford Motor Co. will make a $4 billion payment on its outstanding debt, paying into a United Auto Workers trust fund that pays retiree health care bills, the Associated Press reported Wednesday.

Transport Topics
June 30, 2010

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