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Posts Tagged ‘ford news’

Ford F-150 Stubs Toe on Crash Test Repairs

New truck captures "Top Safety Pick" award.

by on Jul.30, 2015

The all-new Ford F-150 has endured criticism for being more costly to repair after a crash: a claim Ford denies.

Just a few weeks removed from swatting away criticism from its competition that the new aluminum F-150 takes longer to repair and costs more while doing it, the Insurance Institute for Highway Safety is contradicting the automaker.

The safety group crash tested the new F-150 and found that the claims that repairs to the new truck were more costly and took more time to be true; however, the maker’s F-150 Super Crew, which makes up 83% of annual sales, also received the group’s “Top Safety Pick” rating: the only full-size pickup to earn the distinction.

Truck News!

While the Dearborn, Michigan-based company was pleased to get earn the safety award, it disagreed with IIHS finding that repair costs were 26% higher for the new model compared with the previous generation pickup. (more…)

Ford Motor Co. Sets Records, Beats Earnings Forecasts

Few clouds on the immediate horizon.

by on Jul.28, 2015

Ford hopes to drive revenues even higher with the new Limited version of its F-150 pickup.

Just about any way you look at it, the second quarter was a good one for Ford Motor Co., the second-largest domestic automaker not only handily beating Wall Street analysts’ forecasts but delivering record numbers in North America and Asia/Pacific.

Even Europe came close to breaking even after years of heavy losses, noted Ford President and CEO Mark Fields. All told, the maker delivered net income of $1.9 billion per share, a 44% or $544 million year-over-year rise. On a per-share basis, Ford made 47 cents. That was up seven cents per share compared to the second-quarter of 2014 – and 10 cents more than the Wall Street consensus forecast.

By the Numbers!

“We delivered an outstanding second quarter, a great first half of 2015, and we are confident the second half of the year will be even stronger,” declared Fields in a prepared statement accompanying the earnings report. “The entire Ford team is focused on accelerating our One Ford plan, delivering product excellence and driving innovation in every part of our business.”

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UAW’s Williams Unhappy with Growing Mexico Production

Union leader says country “continues to be an issue” for UAW.

by on Jul.23, 2015

UAW Vice President Jimmy Settles, left, President Dennis Williams, center left, Ford Chairman Bill Ford Jr., center right, and Ford CEO Mark Fields kick off the contract talks between the two sides.

As expected, the ceremonial handshake between Ford Motor Co. and UAW negotiators was a mix of optimism and reality with Dennis Williams bringing the latter to fore right away.

“Mexico continues to be an issue for us,” Williams said during his comments kicking off the talks. “I want everything to be built in the United States, including tennis shoes.”

Union News!

Mexico is an issue because Ford recently announced it would be moving production of the slow-selling Ford Focus and C-Max from their current plant in Wayne, Michigan, to an unnamed facility. (more…)

Move to Mexico Makes Ford Potential UAW Target

Ford may use promise of new product to ease UAW concerns.

by on Jul.23, 2015

Past UAW President Bob King shakes hands with Ford Chairman Bill Ford to kick off labor talks. This time around, the process may be a little bumpy.

Ford Motor Co. and the United Auto Workers are scheduled to open negotiations in Detroit today with a special ceremony at the Detroit’s Cass Technical High School.

Over the years, relations between Ford and the UAW have been relatively peaceful, compared to those at General Motors and the old Chrysler Group, which has morphed into FCA US. There hasn’t been a strike of any kind at Ford since 1976 and today Ford actually employs slightly more union members than GM. Over the years, Ford and the UAW has simplified and expanded the profit sharing plan for union.

Union News!

In addition, Ford managed to get an edge over its domestic rivals back in 2006 when it negotiated a sweeping reduction in work rules at plants in the U.S. GM and Chrysler wound up in bankruptcy before they got the same level of assistance from the union, which was concerned that both companies could disappear without the assistance of additional concessions. (more…)

Spy Shots: 2017 Lincoln Continental

A little less the Bentley clone?

by on Jul.21, 2015

Not quite the Bentley we saw when the Lincoln Continental Concept debuted in NY.

Lincoln’s reentry into the premium luxury sedan market begins early next year when Ford Motor Co. takes the wraps – make that the jigsaw camouflage - off of the production version of the 2017 Continental.

While we’ll have to wait to see the final sheet metal, our spies captured some first images of this road-going prototype undergoing testing. One of the biggest questions has been whether the final version will be so nearly as much Bentley-esque as the concept version that made its surprise debut at the New York Auto Show in April.

Product News!

But from what we can see through the camo, you can spot some major differences between the 2017 Lincoln Continental and the Bentley Flying Spur. So, maybe the U.S. maker will have cut some of its stamping dies, after all.

Compared to the Concept Continental, we see rear fenders that are higher, rear quarter windows that have sharper angles, a front end that is more blunt, headlights that are horizontal and rectangular, and a belt line offering less slope at the rear.

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Ford Building on Bright Idea: Moving Headlights

Automaker developing lights that adjust to conditions.

by on Jul.21, 2015

Ford is developing a new camera-based lighting system that allows the vehicle to adjust the brightness and direction of lights depending upon conditions.

Somewhere Preston Tucker is nodding his head in approval. The developer of perhaps the best-known vehicle using a moving headlight must be enjoying Ford Motor Co.’s development of adjustable lighting for its cars in Europe and Asia.

The automaker outlined its latest project, Camera-Based Advanced Front Lighting System, which uses GPS- and radar-enabled lighting to enhance a driver’s view of the road, ideally giving the motorist more time to react to changing road conditions or pedestrians or animals that may have strayed into the vehicle’s path.

Driving News!

The system widens the headlight’s beam at junctions and roundabouts to better illuminate hazards that are not in the direction of travel. Additionally, Spot Lighting technology helps draw the driver’s attention to pedestrians, cyclists and even large animals in the vehicle’s path or even just off the road. (more…)

Ford Pushes the Limits with New F-150 Limited

2016 model is the most expensive F-150 version ever offered.

by on Jul.21, 2015

A well-equipped version of the 2016 Ford F-150 Limited will push over $60,000.

How high is up? That’s not a rhetorical question, at least not when it comes to pickup trucks, buyers seemingly willing to snap up ever more expensive versions.

So, the sky’s the limit. Make that Limited, the latest, and now most expensive, version of the F-150 that Ford has ever offered, at around $60,000. For the money, Ford will throw just about everything it can think of into the equation, from a unique, satin-chrome grille and tailgate, to 22-inch wheels, laser-engraved VIN plate, even fiddleback eucalyptus wood trim.

Keep on Trucking!

“The F-150 Limited sets a new bar for what discerning customers should expect in a high-end truck,” said Raj Nair, Ford group vice president, Global Product Development, in a statement announcing the new model. “We’re adding segment-exclusive technology, and features that improve productivity, convenience and capability with distinctive style.”

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Reasons for Ford Truck Incentives Overblown

Maker expects sales to normalize this fall after production hiccup.

by on Jul.17, 2015

Sales of the aluminum F-150 are down 2.4% for the first half of 2015, but are expected to improve now some production issues have been resolved.

The scrutiny over Ford’s new aluminum-intensive F-150 hit a fever pitch this week over incentive offerings reaching as high as $10,000 per truck: a frenzy upon further reflection with no real substance.

Reports chronicling discounts on the much-hyped truck were tied to sales figures that saw the country’s best-selling vehicle were down 2.4% for the first half of the year, including 8.9% in June, causing many to wonder if Ford was facing it’s nightmare scenario: truck buyers had no faith in an aluminum truck.

News You Can Trust!

Smelling blood in the water, Chevrolet did its level best gain sales with a series of web-based ads, including one with former NFL lineman Howie Long, highlighting some of the potential problems that come with using aluminum. (more…)

Ford Sued for $1 Bil by Software Supplier

Versata claims automaker stole trade secrets.

by on Jul.16, 2015

Ford is being sued for $1 billion by a supplier that claims the company used its trade secrets to produce a rival software program.

Ford Motor Co. is being sued by a former software supplier for $1 billion that claims the automaker stole trade secrets for product development software.

Versata Inc., a Texas-based software development company, claims in its suit that Ford used proprietary information from the supplier in programs it patented. The company filed the suit on May 7 in Texas.

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Ford is denying Versata’s claims and, in fact, filed an earlier lawsuit in Michigan to ensure that its program did not infringe on Versata’s intellectual property. Versata provides similar software to other automakers including General Motors, Nissan, Fiat Chrysler, Toyota, Hyundai, Kia, Volvo and Jaguar. (more…)

European Car Sales Post Biggest Gain in Five Years

June numbers jump 15%.

by on Jul.16, 2015

The Nissan Sway concept at its Geneva Auto Show debut. Nissan is ahead of Toyota in European sales so far this year.

Despite the threat of a Greek banking collapse and a breakup of the Euro Zone, European car sales posted their biggest gain in five years, surging 15% in June.

Marking the region’s 22nd consecutive month of growth, Europe has now seen an 8% rise in sales since the beginning of 2015, though volume is still well off from the industry peak. Nonetheless, the latest upturn is good news for an industry that has lost billions of dollars in the region and struggled with massive excess capacity.

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“This is all good news if this trend continues,” said Carlos Da Silva, an analyst with IHS Automotive, who described the upturn as “robust” and “quite convincing.”

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