Ford News
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Ford is reportedly selling Volvo in addition to the Jaguar and Land Rover labels in its Premier Auto Group to help raise an extra $8 billion to help fund its turnaround plan and secure its operations. According to sources close to the deal, the decision to sell was made several weeks ago but there’s no final date set for when sale proceedings will commence. The timing of the sale will depend on how much buyer interest Volvo could raise, according to our friends at Auto Motor and Sport. If Ford were to get a good offer from a Western carmaker, the sale could proceed quickly, because the...
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Ford Oz looks at increasing exportsFord Australia is looking at an export program to help turnaround its current loss-making operations and secure the small Aussie outcrop’s future within the Blue Oval Empire. Ford is the third largest carmaker in Australia, ranking behind GM Holden and Toyota in the one million vehicle...
Alex Kaufmann -
New Ford Oz Falcon RevealedImages of Australia’s latest RWD family hauler have popped up on several Aussie forums, revealing the next-gen Ford Falcon ahead of its launch in early ’08. These renderings are said to reveal the new FPV GT, a performance bred sedan based on the regular Falcon and powered by a range of...
James Martinez -
Ford struggling in mid-sized sedan segmentFord is struggling with poor sales of its mid-sized sedans, a segment it once dominated after introducing the groundbreaking Taurus in 1985. The once popular sedan found the homes of more than seven million buyers during the ‘80s and early ‘90s and it even held the title of the best...
Viknesh Vijayenthiran -
Ford TwinForce to debut in 2009 Lincoln MKSThe first car to feature Ford’s new TwinForce engine technology will be the 2009 Lincoln MKS, itself based on the MKR concept shown earlier this year. TwinForce is the name of Ford’s new range of fuel-efficient engines, labeled so because of the twin effects of improved power and fuel...
Viknesh Vijayenthiran -
Ford going for fuel cell speed record with 770-hp FusionFord Motor Company [NYSE:F] will be attempting to make a new world record for the fastest hydrogen fuel-cell vehicle when it takes its Fusion Hydrogen 999 fuel cell car to the Bonneville Salt Flats next month. The car – a collaboratively engineered racer with Ballard, Roush and Ohio State...
Viknesh Vijayenthiran -
Ford CEO Alan Mulally predicts that plug-in hybrids could be in showrooms in five to 10 years. Mulally made the comments during the announcement of a joint-effort between Ford and energy utility Southern California Edison to test twenty electric prototypes. This is the first time that any timeline for the launch of plug-in hybrids has been made by a Ford executive, according to Reuters. When asked for a more specific date, Mulally only commented that he couldn’t go further than that, and that we should know a lot more within the next few years. Ford will be contracting an as-yet unnamed...
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Ford joins Edison power over plug-in hybrid techFord is reportedly teaming up with the Southern California Edison power company to help further the introduction of plug-in hybrid vehicles. CEO Alan Mulally will be meeting with Edison boss John Bryson at the utility’s Rosemead headquarters tomorrow for the official announcement. Though...
James Martinez -
Swedes consider Volvo buyback from FordA wealthy Swedish family is rumored to be the latest bidder interested in buying a carmaker from Ford’s Premier Auto Group (PAG). After previously being considered for purchase by BMW, Volvo is once again tipped to be on sale, this time to the Wallenberg family. The Swedish family has control...
Viknesh Vijayenthiran -
Future of Ford’s global vehicle developmentIn a push to streamline the number of platforms it uses and at the same time save costs, Ford will develop its future models using a single global engineering team. The first car to be spawned from the new program will be the next Fiesta, which the carmaker’s development Chief Derrick Kuzak...
Ralph Hanson -
Ford adding twin-turbos to V6 and V8 petrol enginesFord is developing a new family of petrol fueled twin-turbo engines with four-cylinder, V6 and V8 powerplants all in the pipeline. The move is a key element of the Blue Oval’s plans to improve fuel economy and bring its engines in line with the competition from Europe’s carmakers. Known...
Viknesh Vijayenthiran -
Production Ford Flex to look like conceptA near-production test-mule of Ford’s upcoming Flex crossover has been spotted testing, which reveals that designers have created an almost exact copy of the concept car (pictured), which appeared at April’s New York Auto Show. The only major difference will be a slight alteration to...
Ralph Hanson -
Volvo won’t be dropped from Ford’s Premier Auto Group (PAG) despite reports that other carmakers included BMW were interested in its acquisition. The same can’t be said for the Jaguar and Land Rover brands, which are likely to be sold off in an effort to raise funds for Ford’s Way Forward turnaround plan. Ford originally bought Volvo back in 1999 for $6.5 billion, and it's currently the most profitable brand in the PAG. At the launch of the 2008 Taurus, Ford's president of the Americas, Mark Fields, told the Detroit Free Press that Volvo is pretty integrated into Ford...
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Preview: 2008 Ford KaFord is planning to release the next-generation model of its Ka minicar one year after the launch of the Fiat 500, with which it shares the same platform. As previewed in these renderings, the new Ka keeps the curvy shape of the current model but gets new rounded headlights that taper back along...
Kenneth Hall -
Ford hires KPMG to analyse Jaguar financialsIn the latest twist of the imminent Jaguar and Land Rover sale, Ford has hired accounting firm KPMG to examine the financials of the two premium British carmakers. The move is necessary to prepare the reports in a format suitable for would-be buyers, reports the Sunday Times. "KPMG's main task will...
Kenneth Hall -
Brazil built Ford compact to be sold in USSimilar to the deal in which Chrysler plans to source a new low-cost minicar from China’s Chery Auto to be sold in North America, Ford too will import a new model to the US, this time built in Brazil. The information comes from parts suppliers, who also revealed to Wards Auto that production...
Alex Kaufmann -
Cerberus joins Ford PAG sale rumor millThe Jaguar and Land Rover brands may be next in line to be acquired by American private equity firm Cerberus, which recently bought the struggling Chrysler Group from its German parent. According to a report from German newspaper Frankfurter Allgemeine Sonntagszeitung, Cerberus is interested in...
Siddarth Raja -
More details on Ford's hybrid plansFord is hoping to expand its hybrid range beyond that of its current Escape Hybrid and Mercury Mariner models but is being held back by engineering problems surrounding the development of rechargeable electric cars. The head of its hybrid and sustainable vehicle programs, Nancy Gioia, has revealed...
Kenneth Hall -
America’s top selling convertible is about to get another variation with the announcement that Ford and Carroll Shelby will be launching a new GT Mustang drop-top for the 2008 model year. Though the first cars aren’t expected to hit showrooms until August, Mustang fans will be able to get up close and personal with it at the annual Mid-America Ford Performance and Shelby Meet, which opens today in Oklahoma. Under the hood, the convertible features the same Ford Racing Power Upgrade Package as found in the coupe. Output of the 4.6L V8 is lifted to 319hp and 330lb.-ft. of torque...
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More Ford PAG brands up for saleRecently it was revealed that BMW had considered buying Volvo from Ford’s Premier Auto Group, and had gone so far as to order in a set of the Swede carmaker’s latest financial reports. Now it is reported that Ford has been in talks with Fiat Group over a possible sale of Jaguar and Land...
James Martinez -
Ford trumps Toyota in initial vehicle qualityToyota has always been widely regarded as the leader in quality, but new evidence suggest America’s Big Three are catching up and even taking the lead. In an annual study of new vehicle quality, Ford managed to walk away with top honors for 5 categories out of a list of 19. Though Porsche and...
Viknesh Vijayenthiran -
Ford admits its designs are boringFord has been slow to act on the environmental front and with the styling advancement of its sedan range, a mistake senior management, including former CEO Bill Ford, regrets. You only have to look at the boring designs that have gone into its passenger cars to understand how stale Ford’s...
Viknesh Vijayenthiran -
Ford denies Volvo is up for saleEarlier this week, Swedish newspapers reported that Ford was in talks with BMW over the possible sale of Volvo and that BMW had gone so far as to order in a set of the carmaker's latest financial reports. A spokesman for the Blue Oval has revealed in an email sent to Reuters that Ford was not...
Ralph Hanson -
Ford nixes plans for new Focus RSFord of Europe has apparently axed plans for the development of the sporty Focus RS hot-hatch because of concerns over carbon-dioxide emissions. The RS version of the facelifted Focus due next year was one of the most eagerly anticipated models in Ford’s Euro lineup, with some customers...
Ralph Hanson