Ford News
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Coinciding with news of an $8.7 billion second quarter loss, Ford also announced today its latest North American restructuring plans and future product developments for the Ford, Mercury and Lincoln brands. The biggest impact is the considerable shift in Ford’s North American product plans and investments toward smaller vehicles and fuel-efficient powertrains in both the near- and mid-term in response to changing demand. In addition to bringing six small vehicles to North America from Ford’s European lineup, the company is also accelerating the introduction of fuel-efficient...
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Ford reports $8.7 billion Q2 net lossFord has reported an $8.7 billion net loss for the second quarter of the year, with declining sales of large pickups and SUVs and a pre-tax special charge of $8 billion largely to blame for the poor result. The special one-off charge included impairments of $5.3 billion for Ford North...
Ralph Hanson -
Update: 2010 Ford Mustang set for Los Angeles Auto Show debutUpdated: A source from Ford has confirmed that the 2010 Mustang will debut at this year’s Los Angeles Auto Show, with full information and details for the update scheduled to be revealed for the first time on November 19. A prototype version of the car recently made an appearance at the...
Ralph Hanson -
First half results are in: industry is down, but not outWhile the automotive universe has certainly been shaken at its foundations with a confluence of unfortunate events this year, all is not lost. Cloudy second-quarter and first-half results appear to have a few silver linings as the industry begins to adjust to the new face of the market. General...
Nelson Ireson -
Update: Ford Fiesta EcoNetic unveiled in LondonUpdated: Ford's focus on fuel efficiency hops into the front seat with the debut of the new Fiesta EcoNetic at this week's London Motor Show. The little hatch has an optimized diesel engine that turns out a fuel efficiency rating that places it at the very top of the UK's list of five-seaters...
Viknesh Vijayenthiran -
GM & EPRI join forces to develop electric infrastructureGeneral Motors' roll-out of the Chevrolet Volt plug-in hybrid is set to have a large impact on the United States power industry. In a bid to anticipate this impact, General Motors will likely team up with the Electric Power Research Institute (EPRI) - an institute that conducts research for several...
James Martinez -
Cars like Honda's Civic Hybrid and Toyota's Prius have long been known to use harder-than-normal tires as part of the overall package to improve fuel efficiency. Now U.S. carmakers, especially those in Detroit, are looking to the simple technology to improve fuel economy performance of a wide range of vehicles in the face of consumer demand and impending CAFE standards. Both General Motors and Ford Motor Co. will be employing the low rolling resistance tires in 2009 model cars. The entire Ford compact SUV line, for example, will be using the technology, reports The Detroit News. Expected...
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Ford developing new powertrain lineup in response to fuel pressureFocused on finding a sweet spot in the balance between power and economy, Ford is working new plans to expand its EcoBoost system while also improving its existing naturally aspirated engines across its entire range. Diesel engines will play a role, as will smaller petrol mills, with help from a...
Nelson Ireson -
Cost-cutting goes global as Ford plans more layoffsFord facilities around the globe may begin to feel the pinch of the current fuel crisis as cost-cutting begins in earnest. Gerhard Schmidt, Chief Technical Officer for Ford has confirmed that there will be a reduction in employees at the Ford Research Center in Germany (pictured), and that these...
Ralph Hanson -
Ford looking to move Lincoln upmarketSelling off all of its Premier Automotive Group (PAG) holdings except for Volvo left Ford with a handful of largely working-class brands, but that move may have been part of the bigger picture only being revealed now. Reduced to a closer core of nameplates, Ford is working to restore Lincoln to its...
Nelson Ireson -
Ford lays out future vehicle plans, more European models headed for U.S.With sales continuing to tumble in North America and profits sliding, Ford is looking to its successful European division for inspiration for its next-generation vehicle fleet. Ford’s current focus is to improve fuel-efficiency throughout its North American lineup and one of the easiest ways...
Alex Kaufmann -
Ford's new smart intersection 'talks' with carsFord has started testing a new ‘smart intersection’ traffic system near its main R&D center in Detroit, which relies on GPS and wireless communication technologies to enable traffic lights and street signs to send warnings to approaching vehicles. Ford hopes the technology could...
Siddarth Raja -
Ford’s second-generation Focus range (international model) first went on sale in 2004 and then underwent an extensive facelift last year as part of its mid-cycle refresh. However, new prototypes of the car have been spotted testing in Germany, distinguished by their camo gear and slightly revised front end. The difference to the prototype cars’ front-ends include a new grille and lower fascia, which appear feature bigger air intakes. It’s hard to gauge what the new prototypes are actually for, but given that the cars appear to be testing their towing capabilities it could be...
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Ford focusing on Mexico for new production plansRising costs, shifting demand and a maturing market in North America, combined with high labor costs and tough union negotiations are pushing Ford to look for ways to improve its situation, and according the company's local CEO, Mexico is rising as an integral part of Ford's global future. The...
Nelson Ireson -
Saleen unveils SMS 25th Anniversary Mustang ConceptSpecialty vehicle manufacturer and racing legend Steve Saleen is celebrating his 25 years in the business with the introduction of the 720hp (537kW) SMS Twenty Fifth Anniversary Mustang Concept. Despite retiring last year, Saleen, together with hits new performance company SMS, has developed the...
Ralph Hanson -
Update: Saleen officially announces Racecraft brand, 420S MustangUpdate: The long-standing Saleen in-house parts brand, Racecraft, has graduated to full standalone status, with the announcement today of the first set of Racecraft-branded cars focused at the everyday enthusiast, rather than the wealthy sportsman or collector. Three principles guide the design of...
Nelson Ireson -
American-made index ranks cars by U.S. contentAmericans often place a premium on buying vehicles made of domestic parts and assembled in U.S. factories. To aid buyers interested in keeping their purchases American-made, a list is composed every six months that analyzes the content of each car's makeup. The newest edition shows the Ford F-150...
Nelson Ireson -
Report: Ford held talks with Renault to sell VolvoFollowing the news that Ford has been in talks with a number of firms from China and Russia about a possible sale of its Volvo subsidiary comes new reports claiming that Renault was one of the initial carmakers interested in acquiring the Swedish label. An inside source close to the negotiations...
Viknesh Vijayenthiran -
One of the original ‘Eleanor’ Mustangs from the movie Gone in 60 Seconds is currently up for sale on eBay with bidding set to close on July 4. The car is in fact one of three running examples of the 1967 Mustang Shelby GT500s created for the movie – there were eight other shell cars – and this is the only one that has been offered sale. The other two were destroyed in the bridge jump and junkyard crusher scenes. This particular car has 38,614 miles on the odometer and is currently stored in Houston, Texas. According to its seller, no two Eleanors from the movie were...
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Ford extends Ranger beyond 2009, pushes F-150 for workplacesExecutives at the Ford Motor Company [NYSE:F] are racing to work out a solution to free-falling full-size SUV and pickup truck sales, and a temporary solution may come in the form of the already long-in-the-tooth Ranger. Shifting the F-150's sales focus to workplace and industrial use could also...
Nelson Ireson -
Roush reveals RTC Ford MustangRoush has finally taken the wraps of its latest tuning package for the Ford Mustang, presenting onlookers at the National Mustang Show over the weekend the brand new RTC for the first time. The new two-tone Mustang coupe sports a unique bodykit with a new font fascia, lip spoiler, hood scoop and...
Ralph Hanson -
Ford suspends Boss V8 programFalling demand for powerful pickups and SUVs plus soaring fuel prices has forced Ford to rethink its big-block V8 program and will likely see it stop production of some powertrain units in coming months. Inside sources have revealed that suppliers have been asked to stop production of a new 6.2L V8...
Viknesh Vijayenthiran -
Ford cuts SUV production, confirms Euro Focus for U.S.The fuel-driven shift to smaller cars in the U.S. is ramping up as Ford has announced today a reduction in the production of its SUV and pickup lineup for the remainder of the year, at the same time confirming production of the European Focus and Fiesta for North America for 2010. Strong demand for...
Nelson Ireson -
Ford to shutdown three U.S. plants for up to 9 weeksA two-week summer idle at several of its factories over the summer is a time-tested method to keep production in line with demand at Ford, but the announcement today reveals some plants will be going on extended holiday - in one case, for as long as nine weeks. Weak demand for pickups and large...
Nelson Ireson