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Ford to host Octane Academy for action-sports junkies
Thu, 14 Jul 2011Ford is making a push for younger customers with its sponsorship of extreme-sport and action-sport events. Now, the automaker wants to bring that experience to some select average Joes. Beginning in November, Ford will host an action-sports program called Octane Academy.
Redesigned Dodge Durango gets a Web tease
Mon, 16 Aug 2010Dodge confirmed on Monday that its SUV will continue to be called the Durango, stamping out Internet rumors that it would wear a Magnum nameplate. And the company put out a few teaser shots to whet your appetite before the launch this fall. The 2011 Durango shares its platform with the new Jeep Grand Cherokee.
GM posts wider loss, burns through $5.2 billion in cash
Thu, 26 Feb 2009General Motors, battered by a global economic collapse and buoyed by U.S. rescue loans, posted its sixth straight quarterly loss and burned through $5.2 billion in cash as revenue shrank by more than a third. The net loss of $9.6 billion in the fourth quarter compares with a loss of $1.5 billion a year earlier.