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Posts Tagged ‘ford news’

Trump Take Note: Mexican Auto Exports Again on the Rise

Despite presidential push, more coming to U.S. market.

by on May.09, 2017

The Nissan plant in Aguascalientes.

Since launching his presidential campaign, then-candidate Donald Trump has seemingly been at war with Mexico, taking particular aim at that country’s fast-growing auto industry. He called out Ford, in particular, for moving small car production south of the border, and also warned General Motors it could face a big border tax for importing Mexican-made vehicles.

Since January, the new president has frequently pointed to new U.S. automotive investments, while also highlighting Ford’s decision not to build a second plant in Mexico. But a new report from that country’s automotive trade association may be less well-received by the White House.

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Overall, Mexican automotive exports rose 16.1% in April, compared to year-earlier numbers, while production jumped a more modest 3.2%, according to the Mexican Auto Industry Association, or MAIA. For the first four months of the year, meanwhile, total exports jumped 15 percent.

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Ford Sales in China Jump While GM’s Fall

Automakers expect positive momentum going forward.

by on May.08, 2017

Ford's executive leadership team in China is excited about the sales prospects for the remainder of the year.

Ford Motor Co. said its sales in China rebounded during April after a sluggish March, but GM’s sales slipped by almost 2% despite strong sales of sport utility vehicles and the Cadillac brand.

Ford reported selling nearly 94,000 vehicles in April in China, up 11% compared to April 2016. Monthly sales for Changan Ford Automobile, Ford’s largest partner, totaled more than 62,000 vehicles, up 6% compared to the same time last year.

Global News!

Jiangling Motor Corp. sold more than 25,000 vehicles in April, a 15% increase compared to April 2016. While Lincoln sales climbed by 95% to 4,500 units. (more…)

Weak Auto Sales Lead to New Ford Layoffs

Maker temporarily idles 130 workers at Ohio F-Series plant.

by on May.05, 2017

A Ford F-450 Super Duty pickup.

Ford Motor Co. will temporarily drop a shift at a pickup plant in Ohio due to slowing sales, a move that will idle 130 hourly workers.

The move comes at a time when U.S. motor vehicle sales have begun to slow after seven years of growth – and three consecutive annual sales records. Ford has been particularly hard hit by the slowdown in recent months.

The Last Word!

Automakers have become increasingly worried about a broader slowdown of the U.S. economy, especially in sectors that might impact sales of commercial trucks, such as the medium-duty pickups assembled at the Avon Lake, Ohio facility hit by the Ford cutback.

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Are Privately Owned Cars Set to Vanish?

“Historic revolution” could see 95% of motorists turn to driverless, shared EVs.

by on May.04, 2017

Waymo is now offering to let the public check out its autonomous vehicles in Phoenix.

When Waymo, the autonomous vehicle spin-off of Google began offering to let Phoenix-area families try out its vehicle service last month it touched off what a new study is calling “a historic revolution in transportation.”

While the number of Americans using all forms of ride-sharing – autonomous or otherwise – is currently quite small, RethinkX, an independent think tank that looks at the impact of new technology says it will grow rapidly. By 2030, it predicts in its new report, 95% of the miles traveled in the U.S. will be in self-driving, shared electric vehicles.

We Track the Changes!

That’s a far more rapid transition than others have been predicting. A recent report by the Boston Consulting Group delivered a shock to many by forecasting 25% of U.S. miles would be driven in shared, driverless, electric vehicles by 2030. But “it’s time to adjust our thinking,” said Tony Seba, a co-author of the RethinkX study, “Rethinking Transportation 2020-2030: The Disruption of Transportation and the Collapse of the ICE Vehicle and Oil Industries.”

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Ford Profits Slide 35% on Recalls, Sluggish Sales

Number 2 Detroit maker also boosts investments in trucks.

by on Apr.27, 2017

The surge in SUV demand drove up prices but Ford still saw overall sales dip in the U.S. and China.

A flurry of headwinds put the drag on Ford Motor Co. earnings during the first quarter of 2017, the numbers dropping 35% to $1.6 billion.

It didn’t help that Ford’s latest numbers are being compared to the best quarterly earnings in company history, the $2.2 billion profit the Detroit maker delivered between January and March 2016. On the upside, Ford’s $0.40 earnings per share and $36.5 billion in total revenues did manage to beat Wall Street $0.35 earnings estimate, according to a poll of analysts by FactSet.

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Among the challenges Ford faced this time around: declining sales, increased recall costs, as well as rising prices for steel and other raw materials. There was also some hefty spending to retool operations like the Michigan Assembly Plant to produce more of the trucks Ford needs in today’s SUV and pickup-centric market, something the maker’s CEO Mark Fields declared “an investment in Ford’s future.”

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Gearing Up: Driving Ford’s New 10-Speed Automatic

Better mileage and a smoother ride.

by on Apr.25, 2017

The 2018 Lincoln Navigator will share the 10-speed automatic that debuted in the '17 Ford F-150.

When the complete makeover of the Lincoln Navigator comes to market later this year it will feature, among other things, Ford’s new 10-speed automatic transmission.

Automakers are on a binge, adding more gears in an effort to drive up fuel economy. But the approach hasn’t been without its drawbacks, consumers frequently complaining about issues like drivability. That’s the sort of headache buyers of a vehicle like the Navigator won’t readily tolerate.

Product News!

To get a sense of how the new transmission performs, TheDetroitBureau.com has been clocking time in the Ford F-150, the first of the maker’s vehicles to get the first mass-market 10-speed gearbox.

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GM Hustling to Get First All-Electric Car on Road in China

Government accelerating EV mandates causing automakers to hurry.

by on Apr.21, 2017

Matt Tsien, who heads up GM China, said the company will have an all-electric vehicle on Chinese roads within two years.

General Motors will have a pure electric vehicle on the road in China within two years and eight more will follow by 2020. The automaker is jump starting its efforts to keep pace with the Chinese government’s accelerating demand for EVs.

Matt Tsien, head of GM China, unveiled the plan during a press conference at the Shanghai auto show. He said GM expects annual sales of 150,000 electric and hybrid cars in China by 2020 and possibly in excess of 500,000 by 2025.

The Last Word!

“In the next several years, out to 2020, we expect to launch at least 10 new energy vehicles into the marketplace,” said Tsien, using the government’s term for electric and hybrid vehicles. “We have a pipeline that is going to materialize, that’s going to put us in a very good position from a fuel economy requirement perspective.” (more…)

Ford Continues Tinkering With Bamboo in Vehicles

Super strong, light weight and quickly renewable among advantages.

by on Apr.21, 2017

Janet Yin, a materials engineering supervisor at Ford’s Nanjing Research & Engineering Center, shows the strength of bamboo.

Facing constant pressure to make vehicles of any kind lighter and more efficient, carmakers are constantly experimenting with a variety of natural materials that help reduce a vehicle’s overall weight or even just to dress up its interior.

Thus, Ford Motor Co. engineers in China have been experimenting with using bamboo, a fast-growing natural material that’s been used for everything from furniture, flooring, storage containers and housing as well ships, carts and weapons, in the construction of new vehicles. Bamboo is also plentiful in the heart of the world’s largest new vehicle market – China.

News You Can Trust!

“Bamboo is amazing,” said Janet Yin, a materials engineering supervisor at Ford’s Nanjing Research & Engineering Center. “It’s strong, flexible, totally renewable, and plentiful in China and many other parts of Asia.” (more…)

Ford Gives Mustang GT350, GT350R An Extended Run

Two models live on through 2018 and get three new colors.

by on Apr.17, 2017

Ford announced it's going to produce the GT350 and GT350R into 2018 and adding three more colors.

It’s National Mustang Day, and pony car fans have a good reason to celebrate.

Ford has announced it will continue building two of the most powerful versions of the Mustang ever produced, the Shelby GT350 and the GT350R. Initially set to go out of production at the end of 2017, they will now live on through the 2018 model-year.

Product News!

The big change for the new model-year? Three new colors: Orange Fury, Kona Blue and the appropriately named Lead Foot Gray. (more…)

Lincoln Launches Chauffeur Service

“Quiet luxury” brand rolling series of pilot programs.

by on Apr.17, 2017

With the 2018 Lincoln Navigator, the big ute gets its first full makeover in a decade.

Hoping to create a distinctive identity for itself, Ford’s Lincoln Motor Co. is launching a series of pilot programs designed to emphasize the brand’s “quiet luxury” motto.

That includes both a new home sales and delivery process, as well as a chauffeur service that lets a Lincoln owner order up a driver via the marque’s smartphone app. Debuting in Miami, the new service provides a driver who can run errands or chauffeur owners who might otherwise have to call up a taxi or Uber ride.

Leave the Driving to Us!

The service “allows people to be picked up in their own Lincoln vehicle, rather than one they’re not familiar with,” said Andrew Frick, the brand’s director of sales and service. Owners also can request a specific driver if that person is available, he noted.

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