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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...
  • The Best Ford Commercial Ever (Vanity)

    07/16/2009 6:10:12 AM PDT · by Red in Blue PA · 54 replies · 1,839+ views
    Youtube ^ | 7/16/2009 | Ford
    Simply a must see Ford commercial. Ford, the only car company NOT getting a bailout.
  • GM, Chrysler's sales suffer after bailouts

    07/06/2009 4:27:03 PM PDT · by Presbyterian Reporter · 22 replies · 1,235+ views
    Washington Times ^ | July 6, 2009 | William Ehart
    There is a groundswell of disdain for the federal bailouts of General Motors and Chrysler, even as polls show that a growing "Buy American" sentiment is boosting sales for the only Detroit automaker that avoided bankruptcy and federal rescue - Ford. GM and Chrysler say some buyers are coming back to support them, even trading in their Mercedes for Chevrolets. But it is bailout opponents who are the most visible - and audible. Conservatives thunder that the country has taken a socialist route with President Obama at the wheel. "I won't buy a socialist car," columnist and radio talk-show host...
  • GM, Chrysler's sales suffer after bailouts (Ford doing better!)

    07/06/2009 3:29:16 PM PDT · by Para-Ord.45 · 50 replies · 5,119+ views
    http://www.washingtontimes.com ^ | July 6, 2009 | William Ehart
    "Government Motors" is driving Americans away There is a groundswell of disdain for the federal bailouts of General Motors and Chrysler, even as polls show that a growing "Buy American" sentiment is boosting sales for the only Detroit automaker that avoided bankruptcy and federal rescue - Ford. "I won't buy a socialist car," columnist and radio talk-show host Hugh Hewitt thundered. Others agree - at least about GM. "Over the years, we have mostly been a General Motors family. Since GM has become Government Motors, we will never again buy a GM product," said William Crowley of Spicewood, Texas. However,...
  • Attention Wall Street Journal - Ford does NOT use Toyota's hybrid system!

    07/06/2009 4:46:23 AM PDT · by RangerM · 29 replies · 1,057+ views
    Autoblog ^ | July 5, 2009 | Sam Abuelsamid
    In a recent op-ed piece published in The Wall Street Journal, Alan Reynolds of the Cato Institute starts by making a few decent points about fuel taxation and fuel economy rules. Unfortunately, he undermines himself with some blatant errors and misinformation. In discussing how Detroit automakers will deal with new fuel efficiency requirements, he makes the all-too-common mistake of referring to Ford's hybrid system as licensed from Toyota ("Similarly, Ford has the Toyota-licensed hybrid Fusion and will soon produce the European Ford Fiesta in Mexico"). The reality is that Ford independently developed its own hybrid system at the same time...
  • Ford, Toyota See End to Sales Slide

    07/01/2009 5:59:28 PM PDT · by GOP_Lady · 18 replies · 768+ views
    The Wall Street Journal ^ | 07-01-09 | ANDREW GROSSMAN and JEFF BENNETT
    Two of the biggest car makers in America, Ford Motor Co. and Toyota Motor Co., called a bottom to the long decline in U.S. auto sales as the industry reported its smallest monthly sales drop this year. New-vehicle sales in June fell 28% from a year earlier to 860,000 cars and light trucks, according to the market-research firm Autodata Corp. That would be the smallest decline in any month this year.
  • US auto sales declines show signs of stability

    07/01/2009 12:48:02 PM PDT · by Riflema · 24 replies · 1,008+ views
    Yahoo/AP ^ | 7/1/2009 | Tom Krisher, AP Auto Writer
    U.S. sales at Ford and Chrysler last month offered sharply different views on the downtrodden U.S. market for cars and trucks, while General Motors Corp. held its own even though it entered bankruptcy protection.
  • Ford US sales drop 10.7 percent in June

    07/01/2009 10:17:44 AM PDT · by Presbyterian Reporter · 42 replies · 1,074+ views
    AP ^ | July 1, 2009 | TOM KRISHER
    <p>DETROIT (AP) — Ford Motor Co. on Wednesday called its 10.7 percent drop in U.S. June sales "steady progress," after a year of sharp declines across the industry.</p> <p>The monthly decline was Ford's smallest since July of last year, a sign that U.S. auto sales may be recovering from the worst slump in 27 years.</p>
  • Ford's dilema: F-150 still outsells Camry (Dilemma??)

    06/30/2009 1:16:57 PM PDT · by pissant · 100 replies · 2,398+ views
    M-Live ^ | 6/30/09 | John Ooosting
    As Ford looks to reinvent itself with smaller, energy efficient vehicles they are faced with the stark reality that as of late May their Ford F-150 series continues to outsell the Toyota Camry. Let that sink in for a moment. The best-selling truck in the U.S. still outsells the best-selling car, according to a report by the American Institute for Economic Research. New car sales have generally declined through the 1990's to the present, while truck sales rose precipitously from the 70s until just a few years ago. Annual car and truck sales are now virtually even. President Obama last...
  • Ford Sales Strengthen

    06/30/2009 3:31:28 AM PDT · by Rural_Michigan · 42 replies · 1,290+ views
    Fox News ^ | 6/30/09
    DEARBORN, Mich. — Citing better-than-expected sales and traffic at dealerships, Ford Motor Co. said Monday it plans to increase third-quarter production by 25,000 units, marking the automaker's second production hike in recent weeks.
  • Ford, Nissan, Tesla's electric plans get $8B jolt

    06/24/2009 12:07:58 AM PDT · by bruinbirdman · 8 replies · 636+ views
    Forbes ^ | 6/23/2009 | KIMBERLY S. JOHNSON and KEN THOMAS
    Cultivating the next generation of fuel-efficient vehicles, the Obama administration said Tuesday it would lend $5.9 billion to Ford Motor Co. and about $2.1 billion to Nissan Motor Co. and Tesla Motors Inc. in a government-industry partnership to build green cars. Energy Secretary Steven Chu said the three automakers would be the first beneficiaries of a $25 billion fund to develop fuel-efficient vehicles. The loans to Ford will help the company upgrade factories in Illinois, Kentucky, Michigan, Missouri and Ohio to produce 13 fuel-efficient vehicles. Nissan (NSANY) will receive loans of $1.6 billion to retool its plant in Smyrna, Tenn.,...
  • Energy Dept. to lend $8B to Ford, Nissan, Tesla

    06/23/2009 8:44:26 AM PDT · by Nachum · 8 replies · 498+ views
    breitbart ^ | 6/23/09 | KIMBERLY S. JOHNSON and KEN THOMAS
    The Energy Department said Tuesday it would lend $5.9 billion to Ford Motor Co. and provide about $2.1 billion in loans to Nissan Motor Co. and Tesla Motors Inc., making the three automakers the first beneficiaries of a $25 billion fund to develop fuel-efficient vehicles.
  • AP source: Ford, Nissan, Tesla to get govt loans

    06/23/2009 5:27:54 AM PDT · by Need4Truth · 13 replies · 721+ views
    AP / Yahoo ^ | June 23, 2009 | Ken Thomas
    WASHINGTON (AP) -- The Energy Department is expected to announce Tuesday it is lending money to the Ford Motor Co. and two other automakers from a $25 billion fund to develop fuel-efficient vehicles.
  • McCain shows off his new ride outside U.S. Capitol [Grahamnesty gets to ride shotgun]

    06/16/2009 3:22:32 PM PDT · by rabscuttle385 · 19 replies · 944+ views
    WASHINGTON (CNN) – Sen. John McCain officially got the keys to his 2010 Ford Fusion hybrid on Tuesday, and promptly took it for a spin around the Russell Senate office building in Washington — but not before accidentially tripping the car alarm. Before jumping in, McCain was overheard remarking that his new ride features a voice-activated navigation system and Sirius satellite radio. Riding shotgun was McCain's buddy Lindsey Graham, who joked as he got into the passenger seat: "I hope I live to tell about this."
  • Obama: Bailing Out GM and Chrysler, But Buying Fords

    06/11/2009 7:00:41 PM PDT · by Behind Liberal Lines · 40 replies · 1,059+ views
    Federal Review ^ | 06/11/09
    The U.S. General Services Administration has admitted that the Obama White House, when replacing its fleet of government cars, buys more Fords than GM or Chrysler vehicles. As reported by Autoblog, "[o]f the three American automakers, Ford was the clear winner of government funds with a total of 7,924 Blue Ovals bought and paid for at a total of $129 million...." No word yet from the administration on why it hands billions in tax dollars to two auto companies to keep them in business...and then takes the majority of its business to a competitor.
  • Ford Says Government Backed Debt For GMAC Is Unfair

    06/09/2009 8:54:34 PM PDT · by FromLori · 35 replies · 1,090+ views
    More tales from broken the credit markets. Read » Ford has been learning the danger of being a relatively successful company in the age of bailouts: higher borrowing costs. The Associated Press breaks down the numbers: GMAC, 9.9 percent owned by GM and lender to its dealers and buyers, sold $3.5 billion of 2.2 percent three-and-a-half year notes on June 3 guaranteed by the Federal Deposit Insurance Corp. priced at 99.841 cents on the dollar to yield 2.25 percent. Ford issued $1.1 billion of five-year 8 percent notes May 28, priced at 82.036 cents on the dollar to yield 13...
  • Ford pulls its weight without bailout funds - Surpasses Toyota in May sales

    06/08/2009 8:34:33 AM PDT · by pissant · 42 replies · 1,474+ views
    Wash Times ^ | 6/8/09 | Katherine Timpf
    Amid bankruptcies and forecasts of Detroit doom, one of the Big Three is hanging tough. Ford tough. Once defined by the revolutionary Model T, Ford is motoring on without federal bailouts, Treasury-led restructurings or bankruptcy judges. Ford Motor Co.'s U.S. market share grew last month, and sales surpassed even mighty Toyota's. Ford's shares have outperformed those of Honda and Toyota over the past year. Shares of archrival General Motors Corp., now in bankruptcy, are nearly worthless. Shareholders and analysts see pluses and minuses in Ford's decision to steer clear of government interference.
  • GM Bonds Signal Market Value Topping Ford’s on Federal Bailout

    06/04/2009 1:25:37 AM PDT · by AlanGreenSpam · 23 replies · 1,476+ views
    digg.com ^ | 4-Jun-09 | Jeff Green and Caroline Salas
    ..."General Motors Corp. bond trading shows investors are betting its government-backed bankruptcy will create a company with a higher market value than Ford Motor Co., the only major U.S. automaker to shun a federal rescue."
  • May Ford Sales Highest Since 2008

    06/02/2009 10:45:02 AM PDT · by SonOfDarkSkies · 34 replies · 1,079+ views
    FoxNews.com/AP ^ | Tuesday, June 02, 2009
    Ford Motor Co. said Tuesday its U.S. sales fell 24 percent in May from a year ago, but sales rose 20 percent from April as the automaker continues to gain market share from its competitors now under bankruptcy protection. Dearborn-based Ford said it sold 161,197 cars and light trucks in the U.S. last month, the highest figure since July 2008. Sales of the Ford Fusion rose 9.4 percent as the company began selling new 2010 models of the midsize sedan along with a hybrid version. Ford said it sold a record number Fusions, 19,786 in May, which was surpassed only...
  • Voros: Ford avoids bankruptcy, not socialism

    06/02/2009 1:06:47 PM PDT · by SmithL · 14 replies · 718+ views
    Contra Costa Times ^ | 6/2/9 | Drew Voros, Business editor
    Ford shareholders should be kicking and screaming mad. America's ``free-market system'' is working against them. The only major U.S. automaker to decline federal aid and loans during the country's economic meltdown, Ford saw its competitive standing take a serious blow Monday when chief rivals GM and Chrysler drove away from bankruptcy court in debt-free, taxpayer-fueled vehicles, or what some call socialism. As much as $100 billion in tax funds could be spent on propping up these two failed auto companies, with more than half that spent already. Govt. Motors has burned through $20 billion, with another $30 billion on deck...
  • Top-20 selling vehicles in U.S. through May

    06/02/2009 2:04:39 PM PDT · by 2banana · 108 replies · 2,827+ views
    Reuters. ^ | Jun 2, 2009 | Staff
    Top-20 selling vehicles in U.S. through May ... RANK VEHICLE 2009 2008 '08 RANK % Chng 1 Ford F-Series P/U 143,717 235,924 1 -39.1 2 Chevy Silverado-C/K P/U 125,183 197,030 2 -36.5 3 Toyota Camry 123,848 198,309 3 -37.5 4 Honda Accord 107,088 166,158 6 -35.6 5 Toyota Corolla 101,708 152,308 4 -33.2 6 Honda Civic 97,505 164,994 8 -40.9 7 Nissan Altima 80,078 133,465 9 -40.0 8 Dodge Ram P/U 80,038 112,795 5 -29.0 9 Ford Fusion 66,585 73,197 20 -9.0 10 Honda CR-V 65,197 89,017 11 -26.8 11 Chevrolet Malibu 64,363 74,925 26 -14.1 12 Chevrolet Impala 63,756...
  • New acronym suggestions for FORD

    06/02/2009 3:09:32 AM PDT · by goodtomato · 27 replies · 1,142+ views
    Vanity | June 2, 2009 | Good Tomato
    I have been thinking of a new acronym for FORD. I'm sure many recall the First On Race Day, Find On Road Dead, or Fix Or Repair Daily acronyms (I have come up with a few I can't post here). I setteled with the following: Forfend Oligarchy Required Distruction. Any ideas to add?
  • Ford Rejects Big Cuts in Dealer Network

    05/19/2009 3:42:10 AM PDT · by IrishMike · 71 replies · 3,024+ views
    NY Slimes ^ | May 18, 2009 | Bill Vlasic
    The Ford Motor Company says it will not match big dealer cuts made by General Motors and Chrysler, and expects to benefit from the elimination of nearly 2,000 competing showrooms. The company’s director of North American sales, James D. Farley, said in an interview Monday that Ford had been pushing steadily to consolidate its dealers, rather than trying to end contracts or let them expire. Ford has reduced its dealer network by 700 since 2005, leaving it with 3,700 nationwide. Mr. Farley declined to specify Ford’s targets for additional reductions, but said they would be small compared with the cuts...
  • Ford plant dumps SUVs, goes small

    05/06/2009 8:39:23 AM PDT · by Oldeconomybuyer · 67 replies · 2,404+ views
    CNN.com ^ | May 6, 2009 | By Ben Rooney
    NEW YORK (CNNMoney.com) -- Ford Motor said Wednesday it will spend $550 million to convert a plant, which previously produced trucks and SUVs, into a "green" manufacturing complex building small fuel-efficient and electric cars. [snip] "We're changing from a company focused mainly on trucks and SUVs to a company with a balanced product lineup that includes even more high-quality, fuel-efficient small cars, hybrids and all-electric vehicles," said Mark Fields, Ford's president of The Americas, in a statement.
  • April Auto Sales: AP Finally Notices That Ford Is Winning Share From GM and Chrysler

    05/03/2009 3:58:15 PM PDT · by Zakeet · 27 replies · 6,717+ views
    NewsBusters ^ | May 3, 2009 | Tom Blumer
    Friday, after the April vehicle sales figures rolled in, Associated Press reporters Kimberly S. Johnson and Dan Strumpf, in the opening sentence of a report carried at USA Today, showed that they finally noticed two things, one of which yours truly caught three months ago, and the other which first became clear last month. The former point is that the American people are continuing to shun bailed-out car companies General Motors and now-bankrupt Chrysler. The latter one is that Ford's gain has been most the two bailed-out companies' loss. Here is how the inconsistently-headlined ("Auto sales fall in April;...
  • Teen freedom limited on new Ford Focus

    04/29/2009 7:09:57 PM PDT · by re_tail20 · 19 replies · 781+ views
    Boulder Daily Camera ^ | April 29, 2009 | Jabril Faraj
    With one turn of a computer chip-enabled key, parents will soon be able to control the top speeds and radio volume on their teen's 2010 Ford Focus. A new technology, called MyKey, is being marketed to parents as an extra safety measure to protect their children. The Focus -- available this summer -- is on a nationwide promotional tour and made a stop in Broomfield on Wednesday. The MyKey features -- activated by a key parents can give their teen drivers -- will come standard with the 2010 Ford Focus. The features include the option to set a maximum speed...
  • Ford is not Obama Motors....(Ford Motor resonating with anti stimulus Americans)

    04/09/2009 8:30:33 AM PDT · by IrishMike · 128 replies · 4,740+ views
    Globe and Mail ^ | 09 April 2009 | Jeremy Cato
    NEW YORK – General Motors and Chrysler put on their best brave faces here at the New York International Auto Show, but Ford Motor came out guns blazing, determined to separate itself from the other two Detroit-based auto makers. Ford now has a more tightly honed message than I've ever seen in 20 years of covering the auto industry. The Ford people keep repeating over and over and over again that they get it – that the products matter. If Ford is ever going to break from the Detroit pack, if Ford ever hopes to get away from the kind...
  • Ford Trucks To Offer In-Dash Web Browsing

    04/07/2009 3:54:16 PM PDT · by JoeProBono · 24 replies · 1,106+ views
    cbsnews ^ | April 7, 2009 | Larry Magid
    Ford Motor and Opera Software have announced a collaboration to add Web browsing to the Internet-enabled in-dash computers that Ford is installing in some of its trucks and vans. The built-in Ford Work Solutions computer, which is being marketed to contractors, farmers, construction workers and business owners, is equipped with Microsoft Auto, a version of the Windows CE operating system.
  • Ford Completes Debt Restructure, Cuts Nearly $10 Billion In Debt

    04/06/2009 7:21:28 PM PDT · by Diana in Wisconsin · 11 replies · 687+ views
    All Headline News ^ | April 6, 2009 | Mitchell Jaworski
    Ford Completes Debt Restructure, Cuts Nearly $10 Billion In Debt ShareThis Detroit, MI (AHN) - Ford Motor Co. announced Monday that it has completed its debt restructuring initiative, reducing debt by $9.9 billion and trimming yearly interest costs by millions.The automaker said the move will save about $500 million in annual interest costs bring total debt down to $15.9 billion from $25.8 billion at the end of 2008. Ford tendered about $4.3 million in senior convertible notes that carried a 4.25 percent interest rate as part of the restructuring. The company also tendered $1.3 billion of non-convertible debt held under...
  • Ford completes tender offers, cuts $10B in debt

    DETROIT (AP) — Shares of Ford Motor Co. soared 16 percent Monday after the company said it completed tender offers that will reduce its debt by 38 percent and shave millions of dollars off its interest costs. The automaker retired about $9.9 billion in securities issued by either the parent company or its finance arm in exchange for cash and shares under terms of the debt buybacks. Combined, the moves are expected to reduce the Ford's interest expenses by more than $500 million this year, as it tries to weather the worst auto sales downturn in 27 years. The Dearborn,...
  • Ford slashes automotive debt by $9.9 billion

    04/06/2009 8:38:45 AM PDT · by frogjerk · 68 replies · 2,186+ views
    DETROIT (Reuters) - Ford Motor Co (NYSE:F - News) has reduced its automotive debt by 38 percent, or $9.9 billion, part of a series of moves to bolster its finances amid a deep industry downturn, sending its shares up more than 11 percent. The debt reduction, which Ford estimates will trim its annual cash interest expense by more than $500 million, is the latest evidence that Ford is powering ahead of domestic rivals General Motors Corp (NYSE:GM - News) and Chrysler in restructuring to survive the lowest U.S. auto sales in three decades. Ford, the only U.S. automaker that has...