mercury

Detroit Ends Tumultuous Year with Mixed Results

Detroit automakers closed 2009 with mixed results. While overall sales for the year fell at Ford Motor, General Motors and Chrysler Group, each reported strong December sales as bargain-hungry consumers sought to cinch deals before year's end.

Ford Sales Surge in December

Ford Motor reported Tuesday that sales of its vehicles rose 33 percent in December compared to a year ago. Sales for the full year, however, were down 15 percent compared to 2008. The company increased its domestic market share by a full percentage point, to 15 percent.

Stocks in the News: Kraft, Apple, Ford

Kraft Foods boosted its offer for British candy maker Cadbury following Monday's announced $3.7 billion sale of Kraft's pizza business to Nestlé. But it remains to be seen whether Cadbury will bite on the sweetened offer. See what other news could affect stock prices today.