Dearborn: Ford Motor Co reported second-quarter net income of $2.6 billion (€2.02bn), completing its most profitable first half in more than a decade, as car buyers pay more for its new models.

Geely Group, one of China’s main independent carmakers, is considering bidding for Ford Motor Co’s Volvo Cars unit in alliance with an unnamed investment partner, a company spokesman confirmed today.

ROBERT S McNamara, the cerebral secretary of defence who was vilified for his role in escalating the Vietnam War, a role he later deeply regretted, has died.

Stock prices pared earlier gains to end a choppy day relatively flat today as Wall Street remained uncertain that a 17.4 billion-dollar(€12.5 billion) lifeline for US carmakers will make a lasting difference for the beleaguered industry.

A period of relative calm on Wall Street ended today as stocks tumbled in the final hour of trading on growing investor anxiety about the government’s November employment report.

A period of relative calm on Wall Street ended today as stocks tumbled in the final hour of trading on growing investor anxiety about the government’s November employment report.

The $25bn (€20bn) rescue plan for the car industry, desperately sought by Detroit’s beleaguered Big Three American carmakers, collapsed as Congress drew the line at one more bailout.

FORD Motor Co, with US sales shredded by the worst financial crisis since the Great Depression, has posted a third-quarter operating loss of $2.98 billion (€2.33bn).

Stocks made a stunning comeback today, as investors snapped up some of the financial sector’s stronger players and pumped money into the materials and transportation sectors. The Dow Jones industrial average rose more than 160 points.

US stocks made a stunning comeback today, as investors snapped up some of the financial sector’s stronger players and pumped money into the materials and transportation sectors. The Dow Jones industrial average rose more than 160 points.

Wall Street abruptly ended an earnings-driven rally and closed sharply lower today after a steeper-than-expected decline in existing home sales and worries about the financial sector chilled the market's recent optimism.

Ford Motor Co is marking the 100th anniversary of the Model T, the first low-priced car that introduced motoring to the masses, at a time when Americans are flinching at the cost of filling their petrol tanks and the US automobile industry is struggling with plant closures and redundancies.

TOYOTA Motor Corp overtook Ford Motor Co to become the No 2 US carmaker by sales in 2007, using new products and relentless strategy to break Ford’s 75-year lock at the top.

MYSPACE is expanding its programme for letting advertisers target their pitches using personal details on users’ profile pages.

The United Auto Workers union and Chrysler remained locked in negotiations this morning as workers in Detroit prepared for the picket lines.

A two-day strike by car workers across the US was set to end today after the United Auto Workers union said it had reached a tentative agreement with General Motors Corp.

US investors sold stocks moderately lower today, ending a five-day rally as rising oil prices and disappointing results from Lowes raised concerns about a slowdown in consumer spending.

THE 61st Frankfurt international auto show has got under way with more than 80 models on display for the first time.

Oil worries and a raft of economic uncertainties plagued Wall Street today, sending stocks lower as investors collected profits after the strong gains of the previous two sessions.

Surging oil prices prompted new worries about the US economy and sent stocks lower on Wall Street today as investors locked in profits from the market’s recent rally. The concerns over oil overshadowed a strong report on manufacturing orders.

A raft of strong earnings reports buoyed investors’ lagging confidence and sent US stocks sharply higher today, with the Dow Jones industrial average turning in its best showing of the year.

US investors brushed aside a spike in oil prices today, sending stocks higher on the strength of Ford Motor Co’s bullish profit outlook.

Ford Motor Co’s profit in the second quarter almost tripled to $1.2 billion, bolstered by earnings from car and truck loans. The number two US carmaker forecast profit for the current quarter below analyst estimates.

Volvo’s decision 14 months ago to allow hundreds of women employees to create a vehicle that suits their needs has given birth to a roomy, 215-horsepower coupe that’s easy to park, maintain and keep clean.

US investors, uncertain about the direction of the economy, sent stocks fluctuating throughout an erratic session today, with prices ending mixed.

Wall Street extended its gains into a fourth straight day today after three economic reports gave investors assurance the economic recovery was firmly under way.

Japan's fifth largest carmaker, Mazda Motor Corp, is to add 80 new dealerships to its existing network of 890 sales outlets in Japan by March 2008, it has been reported in the Tokyo press.

US housing construction rose last month to the highest since January and the number of people continuing to collect jobless benefits fell to the lowest in two months, signs the economy is beginning to strengthen.

Ford Motor Co has recalled 78,500 of its Ka models worldwide, including 4,010 in France, to remedy a fault in the braking system, according to a spokesman at Ford Finance.

Ford Motor Co said it has extended its zero-pct financing offers and increased customer cash rebates on certain models in 2002.

Shares of prominent US auto makers and car parts manufacturers were mostly higher in early afternoon trade, after JP Morgan auto analyst David Bradley upgraded the sector to a 'market weight' rating, dealers said.