Ford News
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The cost of the United States' new CAFE regulations has been widely speculated - and the figures are generally expected to be high - but the first real calculations of what impact the legislation will have on the industry are beginning to be developed. One analyst firm things the American Big Three will end up paying at least twice what Japan's three largest auto makers will have to pay to comply with the standards. The cost of meeting the goals, which require makers to average 31.6mpg fleet-wide for passenger vehicles by 2015, will exceed $30 billion for Ford, GM and Chrysler, according to...
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Ford cutting U.S. output, expects to break even in 2009Ford has announced today that it will cut its North American production for the rest of the year as high fuel prices and falling demand for its trucks and SUVs continue to hurt sales. In a second statement, Ford also conceded that it will run at a loss this year but expects to break only even at...
Siddarth Raja -
Ford cuts pickup and SUV production as demand dropsAs GM moves to boost production to recover what was lost to the American Axle strike, Ford is cutting back its output of pickups and SUVs in the face of rising fuel prices in the U.S. Sales of the spacious and functional yet very thirsty vehicles have dropped sharply and consumers and businesses...
Nelson Ireson -
North American Ford Fiesta to cost less than $15KNorth America has missed out on a host of exciting and award-winning Ford products sold in Europe for decades - vehicles like the S-Max, Mondeo and Fiesta compact - but that will soon change as the Blue Oval has introduced a new global strategy where only one model, albeit in slightly different...
Ralph Hanson -
Ford being investigated for another fire threatFederal safety officials in the U.S. are investigating a potential fire risk in Ford’s Windstar minivan model produced between 1995 and 2003 after authorities received more than 130 consumer complaints about vehicle fires. The investigation is still in its early stages but it could lead to...
Alex Kaufmann -
Ford cutting production at Volvo, possibly seeking buyerVolvo’s sales slump of the past several months has led to a pretax loss of $151 million for the first quarter of the year, and with no sign of turnaround in sight parent company Ford plans to cut production in the hope that it will reduce costs. Latest reports claim Ford is hoping to improve...
Viknesh Vijayenthiran -
The shift away from fuel heavy SUV and pickups is taking its toll on even America’s top selling Ford F-150 and Chevrolet Silverado, with dealers groups revealing the Toyota Camry – the nation’s best-selling passenger car – is poised to take the number one overall spot if the current situation continues. For the month of April, the Camry overtook the Chevrolet Silverado to move into second place for the first time in a year and is edging closer to the Ford F-150. According to a newsletter from the AIADA dealer group, the Camry has been the top selling passenger car in...
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Ford bringing Kuga, C-Max to the U.S. after FocusAlready Ford has announced its plans to bring the global Fiesta small hatch to the U.S., and the Focus is now also slated to join its littler sibling. Alongside those two, due in 2010 and 2011 respectively, will come the Kuga and C-Max, Ford's global crossover SUV and MPV - the third and fourth of...
Nelson Ireson -
Ford Australia Reveals New FPV Falcon RangeFord Australia has revealed a range of new high-performance six-cylinder and V8-powered muscle sedans and utes based on its recently launched FG Falcon. Two different engines are available: an entry-level 4.0L turbocharged straight-six with 415hp (310kW) on tap and a 5.4L ‘Boss’ V8 with...
Kenneth Hall -
Ford updates N.A. Focus coupe for 2009 model yearFord will soon add a new version of its North American Focus coupe, which has been updated for the 2009 model year with a sporty new look, improved performance and a revised interior. The Focus has been a strong seller for Ford, with sales rising an astonishing 88% in the past year alone no doubt...
Viknesh Vijayenthiran -
Ford tells shareholders to hold off on Tracinda offerFord has told its shareholders to hold out for an official appraisal from the Blue Oval before taking action in regards to a tender offer from the Tracinda Corporation. The investment firm, belonging to billionaire investor Kirk Kerkorian, is offering to purchase 20 million shares at a price of...
Viknesh Vijayenthiran -
Preview: 2011 Ford FocusIn Europe the Ford Focus is an affordable, well-engineered and stylish small car available in hatch, sedan, wagon and convertible bodystyles. It also features latest technologies such as a Powershift dual-clutch transmission, flex-fuel engines, a folding hard top roof (cabrio models only), and a...
Ralph Hanson -
No bolt is being left untouched as carmakers in both the U.S. and Europe strive to develop cleaner and more fuel-efficient vehicles. Everything from weight-saving measures to aerodynamic tweaks and even downsized engines are being investigated in the hope that engineers can come up with fuel economy improvements. One area that has the potential for some of the biggest gains is gearbox technology. In its quest for improved fuel economy, Ford has adopted a strategy of replacing its aging transmission designs with more efficient ones. The Blue Oval confirmed today that it would double the number...
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Ford adds Titanium X Sport edition to Mondeo line-upFord has added a new flagship model to its Mondeo line-up with the introduction of the new Titanium X Sport range topper. The new designation adds a number of styling accessories to the Mondeo, along with a brand new diesel engine. Available in five-door hatchback and estate body styles, Titanium X...
Kenneth Hall -
Ford becomes first carmaker to join Climate RegistryFord has taken a significant move in the climate change arena by becoming the first carmaker to join 'The Climate Registry' (TCR). The group is a non-profit organization established to measure and publicly report greenhouse gas emissions using a single reporting standard across industry sectors...
Ralph Hanson -
Shelby Distribution commemorative Ford GT40 MkIIIn celebration of Carroll Shelby’s 85th birthday, Shelby Distribution USA under license from Shelby, will build a limited run of replicas of the original 1966 Ford Motor Company [NYSE:F] GT40 race car. The original cars are credited with wins in the 1966 24 Hours of Le Mans, where they took...
Kenneth Hall -
Jerry York: Ford should sell Volvo and MercuryThe former CFO of Chrysler and chief aide to Kirk Kerkorian and his Tracinda investment company, Jerry York, has given some insight about his thoughts on the current state of Ford and its subsidiaries. York, who met with Ford CEO Alan Mulally last month, thinks the Blue Oval chief will sell Volvo...
Kenneth Hall -
Obsidian SG-One: one-off extreme Mustang hot-rodWhat may be the ultimate prepackaged Mustang hot-rod has been released by Obsidian in the form of its SG-One. Tube-frame construction with a stealth roll cage, twin superchargers on a hand-built engine and all the custom work a person could dream of inside and out mark the Obsidian SG-One as...
Nelson Ireson -
Although the Shelby GT500KR is hardly at risk of being taken as an ordinary Mustang - even by the only mildly observant eye - Ford has seen fit to update the car for its 2008 run with a new carbon fiber hood - the first-ever production use of carbon fiber for either Ford or Shelby. The 540hp muscle car matches the output of last year's 40th anniversary limited edition, and only 1,000 are going to be made. The new hood looks mean enough, but Ford says it's only there for go, not for show. “It’s there purely for performance. It brings important aerodynamic and weight-reduction...
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Ford Focus ST styled by TeamRSFord has released a new version of its 2008 Focus ST performance hatch developed by its in-house tuner TeamRS and plan to launch the car in a limited run in the UK from next month onwards. The TeamRS version benefits from new exterior and interior styling changes introduced across the rest of the...
Viknesh Vijayenthiran -
New U.S. CAFE rules mean more expensive cars, fewer salesThe U.S. Secretary of Transportation couched the new CAFE plan as saving billions of gallons of fuel, but the industry sees it as one that will costs billions in research, development and manufacturing costs over the next five years. Secretary of Transportation Mary Peters noted in the announcement...
Nelson Ireson -
Ford builds 9 millionth MustangFord announced today it had built its 9 millionth Mustang, a GT convertible that will be delivered to a dealership in Iowa. The announcement comes less than a week after the Pony Car celebrated its 45th anniversary and at a time when the Mustang is one of the top selling sports cars in the world...
James Martinez -
Ford posts $100 million Q1 profit, Volvo loses $151 millionDespite facing a number of challenges this past quarter, ranging from rising fuel prices, unfavorable exchange rates, and an economic downturn both in the U.S. and abroad, Ford has managed to post a profit of $100 million – up from a net loss of $282 million just one year ago. Revenues for...
Siddarth Raja -
Ford could still sell Volvo and axe MercuryAs Ford’s market share in the U.S. continues to dwindle – dropping to a new low of 13% this month – its CEO Alan Mulally is looking at further ways to cut costs and right now it appears nothing is sacred. Some of the measures Ford has already confirmed will take place as part of...
Siddarth Raja