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The Ford Reflex Diesel Hybrid This hybrid car could challenge the Toyota Prius. The Ford Shelby GT500 Mustang, I say so what? Why do you need all that power? Where can you use it? Yet, Ford tries to build buzz with these kinds of vehicles. Forget the muscle cars. I say that if Ford could start selling the Reflex hybrid vehicle, right now, at a competitive price, they would have their biggest seller in years. "J Mays, Ford’s group vice president of design and chief creative officer, described the Ford Reflex concept as the... Article added: 2009-03-27 11:31:21 Article Views Rating: 504
Ford cuts sales forecast, but won't seek aid | detnews.com | The Detroit News Ford Motor Co. cut its U.S. auto sales forecast for 2009 by another million vehicles Thursday, but continued to insist it does not need federal assistance to survive. The Dearborn automaker now expects U.S. car and truck sales to fall as low as 10.5 million units, citing a deepening economic crisis and the government's failure to free up the nation's credit markets, according to a filing with the Securities and Exchange Commission. Ford also said it would cut first-quarter production estimates for the... Article added: 2009-02-27 15:55:36 Article Views Rating: 215
Ford execs, workers to take pay hit | detnews.com | The Detroit News Ford Motor Co. Executive Chairman Bill Ford Jr. and CEO Alan Mulally said they would take a voluntary 30 percent pay cut Tuesday as the struggling automaker asked union workers to accept major concessions that could cost them thousands of dollars a year. The company also is eliminating bonuses for all salaried employees for a second consecutive year and is suspending cash compensation for board members to help meet its goal of returning to profitability in 2011, according to a memo e-mailed to... Article added: 2009-02-25 06:22:50 Article Views Rating: 296
UAW, Ford reach health care deal | detnews.com | The Detroit News WASHINGTON -- The United Auto Workers said today it had reached a tentative deal with Ford Motor Co. on how it will fund a health care trust that takes over payment of hourly retiree health care beginning next year. The deal allows Ford the option to use common stock for up to 50 percent of each scheduled payment into the health care trust -- the Voluntary Employee Benefit Association -- in lieu of cash. "We will consider each payment when it is due and use our discretion in determining whether cash or... Article added: 2009-02-24 09:58:41 Article Views Rating: 275
New Ford center crashes cars to lower repair costs | detnews.com | The Detroit News INKSTER -- Ford Motor Co. smashes up its cars to save you money. Then it crashes its cars and trucks again to try and save you even more money. The newly opened Paint and Body Technology Center uses information from the crashes to find new ways to lower vehicle repair costs, executives said Monday. The 10,000-square-foot facility, which was built at a cost of $650,000 through a partnership with suppliers, brings Ford's repair and crash safety experts together. "Our bottom line for this new initiative is... Article added: 2009-02-24 09:58:39 Article Views Rating: 254
Commentary: UAW deal with Ford pressures rivals | detnews.com | The Detroit News The boys running the Blue Oval would never admit to using their strong ties with top union leaders to pressure the cross-town competition -- and score political points in the process. But they're doing both. Monday, the United Auto Workers and Ford Motor Co. announced a tentative deal that would allow the automaker to use company shares to satisfy as much as 50 percent of its roughly $10 billion obligation to a union-run trust fund for retiree health care, established in 2007. Beleaguered General Motors... Article added: 2009-02-24 09:58:38 Article Views Rating: 199
Ford's health deal may set trend | detnews.com | The Detroit News WASHINGTON -- Ford Motor Co.'s tentative agreement Monday with the United Auto Workers to use company stock to fund up to half of its contributions to a union-run retiree health care fund could set the stage for similar deals with Detroit's other automakers. General Motors Corp. and Chrysler LLC must win substantial concessions from the UAW as well as their debt holders to show viability by March 31 under the terms of $17.4 billion in emergency loans they have received from the government. The deal... Article added: 2009-02-24 09:58:35 Article Views Rating: 217
Roush Equips Ford Trucks with Propane Roush Performance has already modified Ford F-150 for alternative fuel and now offers two more Ford vehicles that run on propane. Customers that chose this option, will be happy to know that autos with propane consumption produce 18% less greenhouse gases, emit 20% less nitrous oxide and make 60% less carbon monoxide compared to gasoline autos. The first propane kit from Roush was presented on Ford F-150 in 2007. This year the company made kits for F-250 and E-250. All three trucks are equipped with... Article added: 2009-02-23 15:09:06 Article Views Rating: 177
Ford Motor Credit will cut 1,200 jobs | detnews.com | The Detroit News Layoffs begin this week at Ford Motor Credit, the lending arm of Ford Motor Co. The Detroit News has learned that layoffs, which first were announced last month, will come this week. The Dearborn automaker plans to eliminate some 1,200 jobs, or 20 percent of the total work force, at Ford Credit to reduce costs as it struggles to return to profitability in 2011. The company said the layoffs will be spread over several months. "We have told employees that departures will occur from mid-February to late... Article added: 2009-02-16 09:31:17 Article Views Rating: 222
Ford, GM execs see market stabilizing | detnews.com | The Detroit News CHICAGO -- Auto industry executives are seeing signs that the U.S. auto industry is beginning to stabilize, after months of free-falling sales that have threatened some of the sector's biggest players. Jim Farley, Ford Motor Co.'s global marketing chief, said Wednesday that seasonally adjusted retail sales demand has held steady for four months. Meanwhile, the country's used car market has come "roaring back" since January. "That shows me that credit's available," Farley said after a Ford presentation... Article added: 2009-02-12 06:29:14 Article Views Rating: 174 |
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