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Main > Car Makers News > Ford > Ford officially takes over Romania plant BUCHAREST, Romania -- Ford Motor Co. formally took over the Romanian plant Automobile Craiova from the Romanian government on Friday. Prime Minister Calin Popescu Tariceanu handed the factory's key to Ford of Europe President John Fleming, saying that Ford's investment of about $1 billion would allow Romania to become the biggest car producer in southeastern Europe. Last year, Ford bought a 72.4 percent stake in the state-owned company, paying about $88 million and vowing to invest $1 billion to upgrade... Full article... Article added: 2008-03-22 19:54:33 Article Views Rating: 192 Main > Car Makers News > Other > Parking brake is better than car left in gear Dear Tom and Ray: Several years ago, my Ford Ranger coasted out of my driveway about 2 a.m. and rammed a minivan across the road. I parked on a very steep driveway. I learned to drive on my grandparents' cherry farm and was taught to put everything -- tractors, pickups, cars, anything with a standard transmission -- into reverse when I parked it, because that would keep it from rolling backward. It seemed to work for many years ... until that night, at least. My question is: Will putting a vehicle in... Full article... Article added: 2008-03-22 19:54:32 Article Views Rating: 362 Main > Car Makers News > Other > America's faltering economy may bolster auto industry So, gas is speeding toward $4 a gallon, the dollar is headed downhill equally as fast, people can't afford to keep their homes, the national economy is tanking -- with Michigan leading the way. What is to like about this situation? Actually, for those of us involved in the auto industry, the short-term pain may bring some long-term gain. For amid all the gloom and doom, there could be a bright side for the U.S. auto industry and for Michigan itself. The steep decline of the dollar against the euro has... Full article... Article added: 2008-03-22 19:54:32 Article Views Rating: 379 Main > Car Makers News > Ford > Ford planning more Shelby GT500KR Mustangs for 2009 If you missed out on one of last year’s 540hp 40th anniversary Shelby GT500KR Mustangs you’re in luck because the Ford tuner is planning an additional run of 746 cars for the 2009 model year. Demand for the car worldwide has surged, no doubt spurred on with the help of the car’s starring role as KITT in the new Knight Rider series, so this time 175 cars will be headed outside of the U.S. Like the current 40th anniversary limited edition, the 2009 Shelby GT500KR will feature the same 540hp 5.4L... Full article... Article added: 2008-03-22 19:54:31 Article Views Rating: 198 Main > Car Makers News > Other > Kelley Blue Book 2008 Brand Image Awards Influential auto resource Kelley Blue Book KBB and its marketing research team have compiled a list of vehicles based its consumer perception data. Researchers look at carmaker’s achievements in creating and maintaining brand attributes that consumers look for when buying a new car, and is one of the best indicators of how certain brands are perceived by the public. The winners were announced during a media event at this week’s New York Auto Show and include top picks for ‘Best Interior Design’... Full article... Article added: 2008-03-22 19:53:36 Article Views Rating: 413 |
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