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Posts Tagged ‘Ford’

VW, Ford Enjoy Strong March Sales in China

Automakers post double-digit jumps last month.

by on Apr.14, 2014

The Ford Mondeo is a strong seller in China. Ford's March sales were up 28%.

Volkswagen AG and Ford Motor Co. continued to post strong sales in China for March and the first quarter of 2014.

Ford China heads into the Beijing Auto Show with record monthly sales of 103,815 vehicles, a 28% increase over March 2013. It was the first time Ford China sales topped the 100,000 monthly sales mark for the first time. Excellent March performance brought first quarter sales up by 45%, compared to the same period last year, according to Ford.

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“We’re pleased that China’s car buyers continue to choose Ford,” said John Lawler, chairman and CEO of Ford China. “Our strong sales momentum demonstrates the success of our accelerated China growth plan and puts Ford in a great position as we get ready to showcase our full product lineup at the Beijing Auto Show.” (more…)

Ford Shows Off Ultra-Luxurious Transit Skyliner Van

A business jet on wheels.

by on Apr.11, 2014

The Ford Skyliner Transit concept is a custom luxury motor coach designed with Ford and built by Galpin Auto Sports provides immersive comfort and luxury

Think of it as a business jet on wheels.

Ford is showing off a version of its new Transit van that shows what it might be like to travel – or work – in style on the road. The concept, dubbed the Ford Transit Skyliner, is meant to suggest how one of the new vans could be modified.

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“Traveling in Transit Skyliner is an experience unlike any other” said Tim Stoehr, Ford manager for commercial truck marketing, in a statement. “You step into the vehicle and are immediately immersed in the custom interior and high-tech audiovisual environment.” (more…)

Ford Recalling More Vehicles for Rust Problems

Maker bringing in nearly 400,000 Escapes.

by on Apr.07, 2014

Ford is recalling nearly 400,000 2001-2004 Escapes to deal with rust issues.

Ford joined the ranks of automakers battling a persistent issue through a series of recalls as the automaker is recalling more than 434,000 vehicles due to rust issues.

The vehicles are part of two separate actions. Ford recalled 385,750 model-year 2001-2004 Escape SUVs because a subframe could fail because of rust and impact the ability to steer. About 349,000 of those Escapes were sold in the U.S.

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Like General Motors, Toyota and Chrysler, Ford’s been battling an issue it cannot seem to resolve easily, in this case, rust on several of its older model vehicles. (more…)

2015 Mustang Gets New Safety, Handling Features

Ragtop version gets easier to close top.

by on Mar.31, 2014

The 2015 Ford Mustang Convertible gets an easier to close top for 2015.

Mustang owners and fans often think of the pony car as a high-powered beast that snarls as it prowls around town. However, the 2015 Mustang will come with several new safety features will also make it one of the safest sports cars on the road.

In addition to those new safety options, the convertible version gets a new, easier-to-fold top for the next year.

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Joe Hinrichs, Ford president of the Americas, said plans for the full-launch of the Mustang early in the fourth quarter are right on schedule. (more…)

Ford Gives Mulally a 10-Percent Raise in 2013

Most of company’s top executives also get increases.

by on Mar.28, 2014

Based on his 2013 compensation, Ford CEO Alan Mulally could buy a few 2015 Mustangs.

Ford Motor Co. boosted the compensation of chief executive officer Alan Mulally by approximately 10% in last year to $23,204,534 from the $20,955,806 he earned during 2012, according to the company annual proxy statement, which was filed with Securities Exchange Commission.

Mark Fields, Ford chief operating officer, got a 20% bump in salary to $10.370,578, while executive chairman William Clay Ford Jr., took a pay cut as his salary dropped to $11,955,829 from $14,836,013. The drop was followed a $3.2 million drop in Ford’s deferred compensation, which fell to zero in 2013.

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Robert Shanks, Ford’s chief financial officer, saw his 2013 compensation also dropped by 20% to $4,089,621 as the deferred compensation fell to zero last year from $1.9 million in 2012. (more…)

Ford Investing $500 Million in Ohio Engine Plant

Facility adding 300 jobs to build new V6 powerplants.

by on Mar.28, 2014

Ford announced a $500 million investment to add 300 jobs and upgrade the Lima Engine Plant to support production of the all-new 2.7-liter EcoBoost® engine for the 2015 F-150.

Ford Motor Co. is preparing to spend $500 million to upgrade its Lima Engine Plant in Ohio and add 300 new jobs to support production of the all-new 2.7-liter V6 that will be used in the 2015 Ford F-150 due out next fall.

Joe Hinrichs, Ford president of The Americas, said the twin-turbo 2.7-liter V6 EcoBoost engine with a standard stop-start system features an entirely new design that delivers power and performance.

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“Our truck customers have spoken, and we continue to meet their evolving needs by providing another V6 option in the all-new 2015 F-150,” Hinrichs said. (more…)

Ford Police Interceptor Cuffs the Top Spot

Maker accounts for nearly half the sales in the segment.

by on Mar.24, 2014

Many might think the Los Angeles PD may have the best police car ever in this Lamborghini Gallardo, but the department uses it only for promotional purposes.

The demise of the large, rear-wheel drive sedan has forced police departments and other law enforcement agencies to experiment with other vehicles to replace the workhorses.

Chevy and Dodge have provided a variety of options to officers, including Chevy Tahoes, Caprices and even Camaros. Dodge converts the Charger into a police car and the Jeep Cherokee has also been used in the past.

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One company, Carbon Motors, even showed departments across the U.S. a purpose-built police car. The company ordered 240,000 engines from BMW for the car, but by the end of last year, the enterprise was dead without one car delivered. (more…)

William Clay Ford, Ford Director Emeritus, Dies at 88

Owner of Detroit Lions was the last surviving grandchild of Henry Ford.

by on Mar.09, 2014

William Clay Ford, the last surviving grandson of Henry Ford, died today at age 88.

William Clay Ford, the last surviving grandchild of Ford Motor Co. founder Henry Ford, died this morning. Ford, who was Director Emeritus of the company, was 88 years old.

“My father was a great business leader and humanitarian who dedicated his life to the company and the community,” said William Clay Ford, Jr., executive chairman, Ford Motor Co. “He also was a wonderful family man, a loving husband, father, grandfather and great-grandfather. He will be greatly missed by everyone who knew him, yet he will continue to inspire us all.”

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Ford served in a variety of capacities during his 57-year career at the Dearborn, Mich.-based automaker. He was named to the company’s board in 1948 and began working at the automaker after graduating from Yale in 1949. (more…)

GM, Ford Post Record February Sales in China

Makers flourishing despite country’s sluggish economy.

by on Mar.06, 2014

The Ford Mondeo is a strong seller in China and helping lead the maker to rising sales there.

While the Chinese economy may be sluggish, those forces don’t seem to be hurting General Motors and Ford. The two U.S. automakers, which continue to expand their footprints in the country, posted record sales results in February after seeing strong results in January too.

GM reported its joint ventures sold 257,770 vehicles in China during February, setting a new record for the month as sales increased 19.9% from the same month last year. Continued strong demand for the Ford Focus, the best-selling nameplate in China last year, helped Ford China increase sales by 67% in February, with 73,040 vehicles sold.

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Both GM and Ford are off to a fast start despite concerns about the Chinese economy, which is facing a variety of challenges and is growing at a slower pace than in the past. China’s economy grew 7.7% last year, according to Bloomberg, and similar growth is expected again this year. (more…)

GM Picks Up on Ford Example for En-lighten-ment

Maker moving to aluminum for trucks by 2018.

by on Feb.19, 2014

GM appears to be the next automaker moving to use aluminum body panels on its full-size pickup trucks.

The Great Pickup Truck War may be escalating to another level as General Motors is moving to match Ford’s F-150 by using aluminum body panels to save weight and increase fuel mileage by 2018.

The Detroit-based maker is feeling the pressure to keep up with Ford, which is being seen as an innovator by using the material, as well as to meet ever-toughening federal fuel standards, according to a story in the Wall Street Journal. GM officials declined to confirm it was focusing any specific material to cut weight on its trucks, but added it is examining all possibilities when it comes to materials and saving weight in its vehicles.

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GM secured deals with aluminum suppliers Alcoa and Novelis as part of the move for the next generation GM full-size truck, the paper reported. (more…)