Ford Motor Co. is reporting almost $1b in profits in the third quarter. CEO Alan Mulally credits the Cash for Clunkers program and cost cutting for their success.
"Ford, the only one of the three big U.S. carmakers that didn't file for bankruptcy this year, reported net income of $997 million, or 29 cents a share, for the three months ended Sept. 30. That compared with a net loss of $161 million, or 7 cents a share, in the same quarter a year ago."
The Ford Focus, a compact car that gets 35 mpg on the highway, was one of the most popular cars available under the Cash for Clunkers program.
Read the full story: Click here to find out more! Ford reports nearly $1-billion profit in third quarter
Colorado Launches ‘Cash-for-Clunkers’ Program
Colorado residents can get $6,000 in extra rebates if they trade in their old gas-powered vehicle for an electric vehicle. Rebates are expected to go quickly.
Cash for Clunkers Program A Dud, Say Economists
A new study says that the bump in sales brought on by the Cash for Clunkers program was immediately followed by an equal plunge in sales, effectively wiping out the economic benefit.
Cars and Houses Brought Back the Economy
The economy is up 3.5% in the 3rd quarter, thanks in large part to government subsidies for car and home buying. Otherwise, the impact of the stimulus has been muted, says The Washington Times.
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Get ready for that new train smell and more seats. But they won’t go faster or run more frequently on the Cascades route in Washington and Oregon.
Trump is considering data centers on 6 states' public land — some state officials say they had no idea
If the administration approves the proposed projects, data center and data center-related developments will cover 17,600 acres of public land.
After decades of planning, Sacramento gains new light rail station
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Massive tunnel-boring machine breaks ground on Gateway Project
The Trump administration revoked funding for the project in October 2025, and then restored it earlier this year.
Airo trainsets begin service on Amtrak Cascades route
The trains feature panoramic windows, complementary wifi and over 300 seats per train set.
FREE Course: Walkable City 1: Why Walkability?
After describing his path towards focusing on walkability as the essence of good planning, Jeff Speck marches through his five principal reasons for making more walkable places.
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