Ford News

  • Ford to sell $500 million in new stock to finance plans

    Tight finances in Detroit and the rest of the automotive world are nothing new, as consumer demand weakens on high fuel costs, a weak U.S. economy and a low dollar, but the car companies, including Ford, aren't ready to give up yet. The Blue Oval is planning to sell new shares to help raise funds to the tune of as much as $500 million. The announcement follows on almost $1 billion worth of debt-for-equity trades the company has made in the past year. So far there has been no time frame for the half-billion dollar stock sale, but it's like to come in increments and sooner rather than later, to...

  • NAIAS could leave Detroit
    Ford confirms 2010 Lincoln MKT production plans

    The 2010 Lincoln MKT crossover has officially been revealed at the 2009 Detroit Auto Show. Click here for all the details and images. Following through on its promise to deliver more attractive, efficient and yet still powerful vehicles as it pushes to rejuvenate its once-stagnant Lincoln brand...

  • Next-generation Ford Ka stars in new Bond film
    Next-generation Ford Ka stars in new Bond film

    While most Bond fans will be salivating over the Aston Martin DBS in the new Bond film, the oddly named Quantum of Solace, fans of the Blue Oval can look out for the appearance of the next-generation Ka subcompact. As expected the diminutive hatch won’t be 007's primary mode of transport...

  • Update: Ford’s ‘global’ Fiesta finally enters production
    Update: Ford’s ‘global’ Fiesta finally enters production

    Update: The first vehicle of Ford’s future global lineup has entered produciton today at the company’s Cologne assembly plant in Germany. The car is the new-generation Fiesta hatchback, which is set to go on sale in Europe in the coming months. The compact hatch is also the blueprint...

  • Ford plan will use premium small cars to boost margins
    Ford plan will use premium small cars to boost margins

    While the American auto market shifts towards smaller vehicles, manufacturers are struggling to make large profit margins on their compact cars, which traditionally have been supplementary to truck and large car business. Ford has a plan to increase profit margins on small cars, however, by...

  • Ford sticks to product plans despite falling fuel price
    Ford sticks to product plans despite falling fuel price

    A drop in the price at the pump won't deter Ford from its plan to revamp its North American lineup, a company official said today. This year's first-half fuel price rises prompted the entire industry to change its tactics even as they face dismal sales on product lines better suited to fuel prices...

  • 2008 U.S. fuel efficiency sets new industry record

    A report released today by the National Highway Traffic Safety Administration (NHTSA) reveals that the vehicles produced during the first half of 2008 have set the record for the most fuel efficient to date. Including both cars and light trucks (meaning both pickups and SUVs), the national average of all cars reached 26.8mpg as of the middle of the 2008 model year, which occurred in March. Passenger cars averaged significantly above that figure, at 31.2mpg, while light trucks fell somewhat below at 23.4mpg. In terms of improvement, however, the real winner was the light truck segment. While...

  • Ford vows to beat Toyota in compact car build quality
    Ford vows to beat Toyota in compact car build quality

    Ford is already touting its segment leading fuel-economy for vehicles such as the 2009 Flex crossover and North American Focus, but now the carmaker is also boasting that it will be the leader in quality for compact vehicles when its all-new Fiesta range goes on sale later this year. In a direct...

  • Ford shelving F-100 development in favor of EcoBoost
    Ford shelving F-100 development in favor of EcoBoost

    Executives at Ford are so enthusiastic about the possibilities for fuel efficiency in their EcoBoost forced-induction engines that they have decided to shelve plans for a smaller 'F-100' pickup truck. Likewise, importation of the Ranger from South Africa to the U.S. has also been canned in favor of...

  • Update: Ford completes North American salary job cuts
    Update: Ford completes North American salary job cuts

    Updated: Ford has confirmed that it’s met its cost-cutting goal of reducing its North American white-collar employee costs by 15% but has warned that it’s prepared to make further cuts should the need arise. Several thousand of Ford's 23,800 salary workers in North America were expected...

  • 2009 Ford Mustang marks pony car's 45th anniversary
    2009 Ford Mustang marks pony car's 45th anniversary

    The 2009 Ford Mustang announced today focuses on updates and added equipment, since it is primarily a carry-over model from the 2008 version. A panoramic glass roof, more luxurious premium trim options, a new security package and several special edition models are the primary features in the 2009...

  • Ford reveals new powertrain and product updates for North America
    Ford reveals new powertrain and product updates for North America

    Ford announced today its 2009-model year list of product and powertrain upgrades for its North American lineup, revealing an array of all-new or upgraded vehicles as well as major improvements in fuel economy, smart technology, safety features and quality levels. New from Ford is the Flex...

  • Ford and Roush sued over Stage 3 BlackJack production

    A class action lawsuit filed in Federal court in Manhattan accuses Ford and Roush of building twice as many limited-edition Stage 3 BlackJack Mustangs as it said it would. That has resulted in devaluation of the car, which demanded a $59,000 premium over a standard Mustang, according to the suit. The car was only supposed to be built in a limited run of 100 during 2007, the suit alleges, while Ford and Roush went ahead and built at least another 100 cars in 2008 (2008 model pictured). Drew Conner, the man that filed the suit, and about 100 other people are potential claimants under the suit...

  • Ford Flex earns five-star NHTSA safety rating
    Ford Flex earns five-star NHTSA safety rating

    The 2009 Ford Flex has earned five-star frontal and side-impact crashworthiness ratings in the latest round of vehicle crash-safety tests conducted by America’s National Highway Traffic Safety Administration (NHTSA). The Flex only scored a four-star rating, however, for both FWD and AWD...

  • Update: Custom Ford Mustang AV8R sells for $500,000
    Update: Custom Ford Mustang AV8R Sells For $500,000

    UPDATE: The special one-off Mustang AV8R has sold for $500,000 at the Gathering of Eagles charity auction, with the funds going to support the Experimental Aircraft Association (EAA) AirVenture Oshkosh youth education and inspirational experience program. Ford will donate a special one-of-a-kind...

  • Ford may be forced to sell Mazda stake
    Ford may be forced to sell Mazda stake

    Ford is still reeling from its $8.7 billion second quarter loss announced late last month, but already analysts are predicting more drastic things to come. Some analysts fear Ford may be forced to sell its stake in Mazda to help raise capital to fund its future projects, just as it has done with...

  • Ford and GM in talks to co-develop powertrains
    Ford and GM in talks to co-develop powertrains

    Ford and General Motors are reportedly in talks about co-developing new powertrain technologies as the two Detroit giants struggle to reduce costs in the wake of massive losses this year. According to sources at both companies, GM first approached Ford over a month ago and since that time there...

  • Ford attempts to prevent catalytic converter theft
    Ford attempts to prevent catalytic converter theft

    Ford in the UK has teamed up with car security marking and registration systems specialist, Retainagroup, and is attempting to thwart the rising epidemic of catalytic converter thefts by permanently marking the exhaust system with a unique identity so that they can be recognized once removed from...

  • Ford chooses Honeywell for first EcoBoost turbo

    The first EcoBoost engine to hit Ford's lineup will be powered in part by a Honeywell turbocharger. Lincoln's 2010 MKS (2009 model pictured) will feature a 3.5L V6 that is the first application of Ford's efficiency-enhancing downsizing EcoBoost strategy. Honeywell was chosen for its status as a leading turbocharger manufacturer, with more than 9 million units produced annually. The solution used in the 3.5L EcoBoost V6 for Ford will help push output to more than 340lb-ft (541Nm) of torque throughout the 2,000 to 5,000rpm range. Power output could range as high as 400hp (300kW) - figures that...

  • Ford raises lease prices to combat losses
    Ford raises lease prices to combat losses

    Following on the heels of Detroit cohorts Chrysler and GM, Ford has announced it is having major lease difficulties as well. Unlike its competition, however, Ford will simply price its leases higher by readjusting residual values of several vehicles. The move will make it less affordable to lease...

  • Ford will reduce pickup trucks to 38% of overall sales
    Ford will reduce pickup trucks to 38% of overall sales

    Currently Ford's sales rely heavily on its pickup truck line, which constituted 52% of its volume last year. The rapid fall in pickup sales volume precipitated by a weak economy and rising fuel prices was reflected directly in the F-150's race down the best-seller list in the U.S. To fix the...

  • Mercury gets a mission: support Lincoln
    Mercury gets a mission: support Lincoln

    Rumors of Mercury's imminent demise have run rampant for the past year, with even Jerry York, adviser to billionaire stockholder Kirk Kerkorian, urging Ford to sell the brand. A dearth of updates in the pipeline beyond 2011 appeared to indicate it would die a silent death. But new plans from Ford...

  • Small trucks crash tested, results not good
    Small trucks crash tested, results not good

    As more buyers in the market for a pickup truck eye the smaller, more fuel-efficient alternatives to the major brands' full-size offerings, the attention is beginning to reveal some unpleasant details. Safety ratings based on IIHS crash tests indicate that many of the smaller pickup trucks on the...

  • HEVT reveals plug-in hybrid Ford F-150
    HEVT reveals plug-in hybrid Ford F-150

    Billed as the first plug-in hybrid electric vehicle (PHEV) version of the world famous pickup truck, the HEVT (Hybrid Electric Vehicle Technologies, Inc.) F-150 makes significant improvements in fuel mileage while maintaining the utility of its Ford chassis. The truck is intended as an exhibition...

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