GM April Sales Show Mild Growth Across Auto Line
GM reported a 0.4 percent overall April gain with trucks up 1.2 percent and cars down 0.8. The seasonally adjusted annual rate stood at 16.4 million, unchanged from April last year. Industry results were mixed as Ford and DaimlerChrysler posted weaker outcomes and Toyota led with strong hybrid demand.
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Fitch Raises Ford Credit Outlook After Turnaround Progress
Fitch Ratings lifts Ford Motors credit outlook to stable from negative due to turnaround progress and a stronger balance sheet. Maintains negative view on General Motors. Ford posts 1.95 billion profit for January March with higher profits, cost cuts, and stronger product lineup including F-150, supporting near term cash flow.
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Fitch Ratings
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Fitch
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Hybrids Raise Rescue Safety Concerns At Crash Sites
Rescue crews warn hybrid vehicles pose high voltage dangers at crash scenes. Experts note up to 500 volt batteries, risk if power cannot be shut down, and call for clear safety guides and procedures from manufacturers to protect responders.
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Philadelphia
Samuel Carduzzi
Norristown Fire Department
David Dalrymple
New Brunswick
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David Castiaux
Mid-Del Technology Center
del City
Okla
Chris Peterson
Toyota
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