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Keyword: fordmotor

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  • Union Votes Down Ford Concessions

    10/31/2009 11:59:22 AM PDT · by jazusamo · 55 replies · 2,199+ views
    The Wall Street Journal ^ | October 31, 2009 | Jeff Bennett
    DETROIT -- Ford Motor Co.'s rank-and-file union members rejected a concessions agreement, leaving the auto maker at risk to higher costs compared with competitors Chrysler Group LLC and General Motors Co. Although some locals are still voting through Sunday, the United Auto Workers national leadership has accepted the defeat, said three union sources who asked not to be identified since they don't officially speak for the UAW. The leadership is now reviewing other options, these people said. UAW President Ron Gettelfinger told Dow Jones Newswires on Friday he will not continue bargaining or conduct a re-vote. Ford will now have...
  • UAW pact voted down at two more plants (UAW Working to Bankrupt FORD)

    10/30/2009 9:15:25 AM PDT · by mojito · 62 replies · 2,488+ views
    Kansas City Star ^ | 10/30/2009 | Unattributed
    Doubts are growing about whether the Ford pact with the United Auto Workers will be approved after the rank and file at two more plants overwhelmingly rejected it. Workers at a parts-making plant in Saline, Mich., voted 75 percent against the deal. Research and engineering employees in Dearborn, Mich., were even more negative, with roughly 90 percent voting against the deal. Ford’s biggest assembly plant, at Claycomo, has already voted 92 percent against the concessions, which Ford says it needs to stay competitive. Chrysler and General Motors got the conessions from the UAW, but they were going through bankruptcy, which...
  • Ford "most reliable": Consumer Reports.............(Both ObamaMotors get bad reviews)

    10/28/2009 4:19:27 AM PDT · by IrishMike · 50 replies · 2,565+ views
    The Money Times ^ | October 28, 2009 | Ishita Sood
    The Ford Fusion was rated higher in reliability this year than its counterparts- Honda Accord and Toyota Camry. The only car in the family sedan category with better ratings compared to Fusion was the Toyota Prius, the magazine said yesterday. “It’s rare for Consumer Reports to see family sedans from domestic carmakers continue to beat the reliability scores of such highly regarded Japanese models,” David Champion, senior director of the Yonkers, New York based magazine’s Automotive Test Center, said in a statement. World class production Ford’s reliability will translate into future gains as it will help the company capture a...
  • Unions Bend the Curve! (UAW punishes Ford)

    10/15/2009 8:27:01 AM PDT · by Sir Gawain · 80 replies · 1,938+ views
    Unions Bend the Curve! I knew they'd find a way to punish Ford: The new UAW contract with Ford apparently does not give America's surviving non-bankrupt automaker parity with GM and Chrysler, reports Bloomberg: "The plan doesn’t include cuts to retiree benefits, such as vision coverage, that were granted to GM and Chrysler." Rather, the pain seems even more concentrated on future hires (if there are any) than with the GM/Chrysler deals. ... TTAC wonders whether the UAW had an extra incentive to resist giving concessions that might make Ford more successful now that the union owns a large chunk of its main domestic competitors.  ... P.S.: The argument that "the...
  • To Outfox the Chicken Tax, Ford Strips Its Own Vans

    10/03/2009 12:44:33 PM PDT · by 1rudeboy · 66 replies · 5,171+ views
    The Wall Street Journal ^ | SEPTEMBER 23, 2009 | MATTHEW DOLAN
    Logic Takes a Back Seat -- and Windows, as Auto Maker Plays Tariff Games BALTIMORE -- Several times a month, Transit Connect vans from a Ford Motor Co. factory in Turkey roll off a ship here shiny and new, rear side windows gleaming, back seats firmly bolted to the floor. Their first stop in America is a low-slung, brick warehouse where those same windows, never squeegeed at a gas station, and seats, never touched by human backsides, are promptly ripped out. The fabric is shredded, the steel parts are broken down, and everything is sent off along with the glass...
  • Rush Limbaugh to take Jay Leno's 'Green Car Challenge'

    09/19/2009 4:38:49 AM PDT · by iowamark · 107 replies · 4,367+ views
    The Hollywood Reporter ^ | September 18, 2009 | James Hibberd
    America, are you ready for Rush Limbaugh in an electric car? The conservative talk show host has agreed to take Jay Leno's "Green Car Challenge." In the segment airing next Thursday on NBC's "Jay Leno Show," Limbaugh will race an electric Ford Focus around a custom-built track beside Leno's studio, the show's representative confirmed. The "Green Car Challenge" segment makes its debut on the primetime show tomorrow night. Celebrities who participate drive two times around the twisty track, which takes a little less than a minute to complete. By the time Rush gets behind the wheel of the zero-emission vehicle,...
  • 2010 Ford Mustang GT Roadtest (Video)

    09/05/2009 7:55:23 PM PDT · by wrrock · 20 replies · 1,440+ views
    cars ^ | 9/5/2009 | cars
    C/D TEST RESULTS: Zero to 60 mph: 5.1 sec Zero to 100 mph: 12.5 sec Zero to 120 mph: 18.2 sec Street start, 5–60 mph: 5.6 sec Standing ¼-mile: 13.7 sec @ 104 mph Top speed (governor limited, mfr’s claim): 149 mph Braking, 70–0 mph: 164 ft Roadholding, 200-ft-dia skidpad: 0.92 g
  • Ford To Boost 2009 Vehicle Production To Meet Growing Consumer Demand

    08/13/2009 12:24:27 PM PDT · by Diana in Wisconsin · 14 replies · 985+ views
    All Headline News ^ | August 13, 2009 | Mayur Pahilajani
    Dearborn, MI (AHN) - Ford Motor (NYSE:F) said Thursday that it plans to raise North American production in the rest of the year in a bid to meet growing consumer demand, helped by the government's "cash for clunkers" program. Ford aims to increase output by 10,000 units to 495,000 new vehicles in the third quarter, which is almost 18 percent more than the production level of a year-ago period. The production gain will primarily focus on building additional Escape small utility vehicles and Focus small cars. The automaker also plans to produce 570,000 vehicles in the fourth quarter, 33 percent...
  • Trucks win in Cash for Clunkers game (Edmund's List differs substantially from Fed's)

    08/09/2009 8:13:26 AM PDT · by Mikey_1962 · 33 replies · 1,191+ views
    CNN Money ^ | 8/9/09 | Mikey_1962
    Because of distorted sales figures, Ford's Escape cross-over SUV, not the Focus small car, tops the list for most popular 'clunker' buy. What are people trading their clunkers in for? It depends on who you ask. The government's results showed small cars as the top choice for shoppers looking for Cash for Clunker deals. But an independent analysis by Edmunds.com disputed those results, and showed that two full-size trucks and a small crossover SUV were actually among the top-ten buys. The discrepancy is a result of the methods used. Edmunds.com uses traditional sales measurements, tallying sales by make and model....
  • Cash For Clunkers Is Selling More Trucks, Not Small Cars

    08/07/2009 3:03:44 PM PDT · by FromLori · 26 replies · 934+ views
    The government's monster gift to automakers, cash for clunkers, is not pumping up the sales of small cars as it first said it was, instead it's increasing the sales of trucks according to an analysis by Edmunds.com: CNNMoney: The discrepancy is a result of the methods used. Edmunds.com uses traditional sales measurements, tallying sales by make and model. The government uses a more arcane measurement method that subdivides models according to engine and transmission types, counting them as separate models. For example, the Ford Escape is available in six different versions including two- and four-wheel drive and hybrid versions. The...
  • TOYOTA Corolla overtakes FORD Focus as top seller in trade...

    08/06/2009 5:52:28 AM PDT · by sr4402 · 25 replies · 938+ views
    Drudge Report ^ | 08/06/2009 | Matt Drudge
    TOYOTA Corolla overtakes FORD Focus as top seller in trade...
  • 'Clunkers' results so far

    08/05/2009 6:34:23 AM PDT · by Oldeconomybuyer · 41 replies · 1,450+ views
    LA Times ^ | August 5, 2009
    All numbers are as of Tuesday morning. 25.4 miles per gallon is the average fuel economy of vehicles purchased under the "cash for clunkers" program. 15.8 mpg is the average for clunkers turned in for demolition. 83% of the clunkers traded in are SUVs and trucks. 60% of the new vehicles purchased are cars. 47% of the new vehicles are made by Ford, General Motors or Chrysler. Top 5 states (Dollar amount of vouchers issued for new cars) Michigan: $34.4 million Ohio: $29.3 million California: $26.4 million Minnesota: $26.1 million Texas: $25.0 million Bestselling models (Top cars purchased under the...
  • Top Cash for Clunkers Trade-Ins and New Cars

    08/04/2009 3:58:10 PM PDT · by Islander7 · 35 replies · 1,895+ views
    Yahoo ^ | Aug 4, 2009 | Sean Tucker
    --- The Top Ten Cash for Clunkers Trade-Ins: 1. 1998 Ford Explorer 2. 1997 Ford Explorer 3. 1996 Ford Explorer 4. 1999 Ford Explorer 5. Jeep Grand Cherokee 6. Jeep Cherokee 7. 1995 Ford Explorer 8. 1994 Ford Explorer 9. 1997 Ford Windstar 10. 1999 Dodge Caravan --- The Top Ten Cash for Clunkers New Cars: 1. Ford Focus 2. Honda Civic 3. Toyota Corolla 4. Toyota Prius 5. Ford Escape 6. Toyota Camry 7. Dodge Caliber 8. Hyundai Elantra 9. Honda Fit 10. Chevy Cobalt
  • Ford Shares Jump on Sales Figures, 'Clunkers': Can it Last?

    08/03/2009 12:44:38 PM PDT · by SonOfDarkSkies · 14 replies · 691+ views
    Wall St Journal ^ | 8/3/2009 | Matt Phillips
    Ford! Shares of the venerable automaker are trading heavily today — third most active on the NYSE — and they were up more than 5% at last glance, after Ford said its U.S. light-vehicle sales rose 2.4% in July, the first monthly gain in 20 months. Ford folks were effusive in their praise for the government’s “Cash for Clunkers” program in a conference call to discuss the monthly results with analysts. “The program so far seems to be living up to its premise as a win-win-win for consumers, the economy, and the environment,” said Emily Kolinski Morris, a Ford economist.
  • Lawyers emerge as the winner in Ford settlement

    08/03/2009 5:10:59 AM PDT · by Wolfie · 12 replies · 832+ views
    Yahoo News ^ | August 3, 2009
    Lawyers emerge as the winner in Ford settlement SAN FRANCISCO – The lawyers were paid millions of dollars. Ford Motor Co. put behind it a costly lawsuit connected to the Explorer rollover scandal of the 1990s. And the judge closed out a complex case that clogged the Sacramento County Superior Court's overburdened calendar for more than seven years. Everyone seemingly got some tangible benefit — except for nearly all of the 1 million consumers covered by the class action lawsuit filed in their name. None of the consumers got money, only discount coupons toward new Ford purchases. Few used them....
  • Ford to post U.S. sales rise in July from year-ago

    08/02/2009 3:07:47 PM PDT · by Jet Jaguar · 20 replies · 1,006+ views
    Reuters ^ | Aug 02, 2009 | By David Bailey
    Ford Motor Co will report its U.S. sales for July rose from a year ago on a late-month surge under the federal government's "Cash for Clunkers" incentive program, senior U.S. executives said on Sunday. The July increase marks Ford's first year-over-year monthly rise since November 2007, just before the U.S. economic downturn began, and the first increase for any of the largest automakers since the start of the financial crisis a year ago. The result is "important to Ford, but it is also a very good indication for the economy," Ford U.S. sales chief Ken Czubay said in a telephone...
  • Ford Trims Its Losses And Beats Expectations

    07/23/2009 6:21:13 AM PDT · by taildragger · 79 replies · 3,702+ views
    Forbes ^ | 7/23/2009 | Joann Muller
    DETROIT -- Ford Motor narrowed its operating losses in the second quarter, as it reaped the benefits of cost savings and market share gains at the expense of its domestic rivals.
  • Ford posts profit after restructuring, shares jump

    07/23/2009 5:23:08 AM PDT · by Slapshot68 · 23 replies · 574+ views
    " Ford Motor Co posted a $2.3 billion quarterly net profit, mainly due to debt restructuring, and said it was on track to at least break even in 2011, sending its shares up more than 7 percent. Ford posted an operating loss for the quarter that was better than analysts expected, excluding a net gain of $2.8 billion from one-time items that included the debt reduction actions, despite reeling global markets that helped push U.S. rivals General Motors and Chrysler into bankruptcy. The automaker said it expects the U.S. economy to begin to recover in the second half of this...
  • Ford Posts $2.3B 2Q Profit; Exceeds Analyst Estimates

    07/23/2009 4:48:56 AM PDT · by SonOfDarkSkies · 25 replies · 974+ views
    Wall St Journal ^ | 7/23/2009 | Jeff Bennett
    -Ford Motor Co. (F) returned to profitability in its second-quarter and slowed its cash burn amid speculation that it may issue more equity to reduce its debt. The auto maker reported a net income of $2.3 billion or 69 cents a share, compared with a loss of $8.67 billion, or $3.89 a share for the same period a year earlier. The company burned through about $1 billion in cash during the quarter as it controlled incentive spending around the world while increasing output in its North American plants. Ford's profit came largely from a $3.4 billion gain it received related...
  • Crash tests of 2-door cars: Volvo & Ford Coupes earn Top Safety Pick...

    07/21/2009 4:32:43 AM PDT · by decimon · 9 replies · 479+ views
    ARLINGTON, VA — Crash tests demonstrate that occupant protection in all kinds of vehicles is improving. However, the Insurance Institute for Highway Safety doesn't routinely test vehicles in every size/type category. Emphasizing vehicles for family use, the Institute usually crash tests 4-door models. To evaluate the extent to which automakers are extending crashworthiness improvements to 2-door cars, the Institute recently conducted front, side, and rear tests of 2009 coupes including the Chevrolet Cobalt, Ford Focus, Honda Civic, and Scion tC, all small models, plus the midsize Volvo C30. "We're often asked about the crash test performance of 2-door cars," says...