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Goodyear tops 4Q profit forecasts

The Goodyear Tire & Rubber Co. (GT) on Wednesday reported fourth-quarter net income of $561 million, after reporting a loss in the same period a year earlier.

Goodyear tops 4Q profit forecasts

The Goodyear Tire & Rubber Co. (GT) on Wednesday reported fourth-quarter net income of $561 million, after reporting a loss in the same period a year earlier.

Ford Plans to Nearly Double SUV Models in U.S. by 2020

Ford Motor Co plans to expand its lineup of sport utility and crossover vehicles in the United States to 13 models from seven by 2020, according to company officials and supplier sources, in response to rapid growth in SUV sales.

Currency Losses Hit GM Fourth Quarter Profits

General Motors Co on Tuesday said fourth quarter net income fell to $1.19 a share, factoring out one-time items, in part because of $500 million in foreign exchange losses, and the company forecast 2017 profits per share would be flat to slightly up from 2016.