explorer

Ford Caps 2010 With 7% Sales Jump in December

Ford, the nation's second-largest automaker, reported its year-over-year sales rose 7% in December, driven by strong demand from consumers and giving the company its best retail-sales month of 2010. The Dearborn, Mich.-based carmaker sold 190,976 vehicles in December, compared to 179,017 a year earlier.

Ford May See Record Third-Quarter Earnings

Riding high on improved demand for its vehicles, analysts expect Ford to post a record third-quarter profit of $1.37 billion compared to $997 million in the year-ago period. The automaker's current third-quarter earnings record is $1.13 billion, set in 1997.

Ford Has Made Its Last Mercury Mountaineer SUV

It's official. Ford has begun winding down its long-lived Mercury brand, ending production of the Mountaineer sports-utility vehicle Friday. In June, Ford announced its intention to shutter the 71-year-old nameplate as part of a plan to devote more resources to its Lincoln and Ford brands.