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September 8, 2008 1:03:15 PM CDT

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Stories related to: Ford

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Stories 1 - 20 of 75

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  • September 2008

    • US Can't Have Ford's 65-MPG Car

      BusinessWeek  |  Sep 6, 08 1:34 PM CDT

      US Can't Have Ford's 65-MPG Car

      (Newser) - Ford may be best-known for its fuel-guzzling trucks and SUVs, but this November it’s releasing the Fiesta ECOnetic, a sporty subcompact that gets an astonishing 65 miles-per-gallon, BusinessWeek reports. There’s just one catch: It’s not being sold in the US. “We know it’s an awesome vehicle,” says Ford’s president. “But there are business reasons why we can’t sell it.” The biggie: It runs on diesel. More »

      Tags

      Ford  • fuel efficiency  • diesel

    • Stocks Send Mixed Messages

      Wall Street Journal  |  Sep 3, 08 3:36 PM CDT

      Stocks Send Mixed Messages

      (Newser) - The markets saw mixed gains today as investors weighed falling oil, mildly positive manufacturing news and another big drop in domestic auto sales, the Wall Street Journal reports. The Dow closed up 15.96 at 11,532.88. The Nasdaq added 15.51 to close at 2,333.73, and the S&P 500 fell 2.59 to 1,274.98. More »

    • Sales Skid Again for GM, Ford, Toyota

      Bloomberg  |  Sep 3, 08 3:10 PM CDT

      Sales Skid Again for GM, Ford, Toyota

      (Newser) - General Motors, Ford and Toyota reported dramatic declines in sales for August stemming from the weak US economy and record gas prices, Bloomberg reports. Ford's domestic sales plunged 27% and GM's 20%, and both automakers will cut second-half production by the tens of thousands. Toyota fared better, down just 9.4%, though all saw large declines in the sales of SUVs. More »

      Tags

      auto industry  • General Motors  • economy  • Ford  • Toyota  • auto sales  • SUV

    • Small Cars Carry Big Price Tags

      USA Today  |  Sep 3, 08 10:57 AM CDT

      Small Cars Carry Big Price Tags

      (Newser) - With sales of SUVs and trucks dwindling, car companies have begun to push smaller, more fuel-efficient models—but not for the same small prices. Without the $10,000 profit that was typical on SUVs, automakers can no longer sell cars like the Ford Focus for an average profit of $100. Some are using extras to lure higher-spending customers. More »

      Tags

      gas prices  • General Motors  • Ford  • Honda  • cars  • SUV

  • August 2008
  • July 2008

    • Ford Posts $8.7B Loss, Will Make Fewer Trucks

      Associated Press  |  Jul 24, 08 9:08 AM CDT

      Ford Posts $8.7B Loss, Will Make Fewer Trucks

      (AP) - Ford Motor Co. lost $8.67 billion in the second quarter and will retool two more North American truck and SUV plants to build small, fuel-efficient vehicles, the company announced today. The net loss includes $8.03 billion in writedowns due to a decline in the value of its truck and SUV inventory, as well as Ford Motor Credit Co.'s truck-heavy lease portfolio. More »

      Tags

      auto industry  • Ford  • earnings reports  • writedowns  • trucks  • second quarter earnings

    • In Need of Big Ideas, Ford Thinks Small

      Wall Street Journal  |  Jul 19, 08 4:28 PM CDT

      In Need of Big Ideas, Ford Thinks Small

      (Newser) - Ford Motor Company will be repurposing some of its US plants to manufacture smaller, more fuel-efficient cars, the Wall Street Journal reports. As rising gas prices drive falling sales of behemoths like the F-150, insiders say the company will move toward making more of the passenger cars, like the Mondeo, that are mainly sold in Europe. More »

      Tags

      gas prices  • Ford  • fuel efficiency  • Big Three  • small cars

    • Rental Biz Sees Small-Car Shortage

      Los Angeles Times  |  Jul 14, 08 6:43 AM CDT

      Rental Biz Sees Small-Car Shortage

      (Newser) - Rental car companies can't meet the soaring demand for more fuel-efficient small cars and are forcing irritated customers to take "upgrades" to gas-guzzlers. Rocketing gas prices are putting pressure on Hertz, Avis, and other companies to sell their luxury cars and SUVs to pay for fuel-efficient models. Bookings for economy cars at one major travel agency were up 14% while the demand for luxury cars plummeted 24%. More »

      Tags

      General Motors  • Ford  • Chrysler  • sub compact  • car rental  • compact  • Thrifty

    • US Auto Sales Off Big, But GM Holds Top Spot

      Detroit News  |  Jul 1, 08 2:40 PM CDT

      US Auto Sales Off Big, But GM Holds Top Spot

      (Newser) - Sales for General Motors, Ford and Toyota all fell by double-digit percentages in June compared to the same month last year, while Honda managed an 11% gain, the Detroit News reports—with GM holding off Toyota as top US seller. In general, consumers passed over big, fuel-guzzling vehicles and luxury sedans for smaller, fuel-efficient models. More »

      Tags

      General Motors  • Ford  • Toyota  • Honda  • cars

  • June 2008

    • Obama Meets With Top Automakers Amid Tension

      Wall Street Journal  |  Jun 26, 08 1:07 PM CDT

      Obama Meets With Top Automakers Amid Tension

      (Newser) - Barack Obama is meeting with two of the Big Three in encounters the Wall Street Journal says “could thaw festering tension” between the Dem and America’s automakers. A year after Obama criticized the companies for fighting fuel-economy standards and rewarding “failure with lucrative bonuses for CEOs,” he met with Ford’s chief yesterday in a summit the businessman called “productive.” More »

      Tags

      Barack Obama  • General Motors  • Michigan  • Ford  • fuel efficiency

    • Plunging Truck Sales Drive Ford Deeper Into the Red

      Wall Street Journal  |  Jun 21, 08 9:12 AM CDT

      Plunging Truck Sales Drive Ford Deeper Into the Red

      (Newser) - Ford's recovery plans have been sent careening off the road by the continuing drop in truck and SUV sales, the Wall Street Journal reports. The company, which now expects this year's losses to top 2007's $2.7 billion, has given up hope of being back in the black by 2009. The ailing Detroit giant has cut production again and delayed the launch of its new F-150 pickup. More »

      Tags

      auto industry  • General Motors  • Ford  • Chrysler  • automaker  • SUV  • trucks  • pickup trucks

  • May 2008

    • Under the Hood, Size Does Matter

      Los Angeles Times  |  May 31, 08 2:39 PM CDT

      Under the Hood, Size Does Matter

      (Newser) - Instead of saving on gas by getting smaller cars, many Americans are buying cars with smaller engines. Four-cylinder autos have been zooming off lots nationwide, leaving six-cylinder rides in the dust: Three quarters of mid-size cars sold in May sported the smaller engine, a swerve away from a trend in ever-bigger motors, the Los Angeles Times reports. More »

      Tags

      gas prices  • car  • Ford  • Toyota  • Honda  • drivers  • Chevy Malibu

    • Norwegian Electric Car Will Cruise US Streets

      Wall Street Journal  |  May 30, 08 1:00 PM CDT

      Norwegian Electric Car Will Cruise US Streets

      (Newser) - An electric car that can travel up to 110 miles when fully charged will hit select US cities next year, the Wall Street Journal reports. The Think City, from Norwegian automaker Think Global AS, is already on the road in Norway, Sweden and Denmark, and will set American consumers back less than $25,000. The company plans to produce as well as sell the mini car in the US, with backing from American venture capital investors. More »

      Tags

      gas prices  • auto industry  • carbon emissions  • Ford  • pollution  • Norway  • electric cars  • automaker

    • SUV Credit Crunch Rolls Over Ford

      Wall Street Journal  |  May 30, 08 10:18 AM CDT

      SUV Credit Crunch Rolls Over Ford

      (Newser) - Ford's plans to get back in the black are being forced off the road by woes at its lending arm, the Wall Street Journal reports. The auto giant made a lot of cut-rate loans on trucks and SUVs in recent  years and has been unable to recoup losses on bad loans through repossessions because of the plummeting resale value of bigger vehicles. More »

      Tags

      Ford  • SUV  • trucks  • credit  • used cars  • repossessions

    • High Gas Prices Give Economy a Headache

      Los Angeles Times  |  May 24, 08 3:52 PM CDT

      High Gas Prices Give Economy a Headache

      (Newser) - Oil prices gushed for 5 years, but the US economy remained blissfully unaffected—until now, the Los Angeles Times reports. Rising gas prices have finally spooked consumers and sparked ominous news from two major airlines, Ford, and even memory card maker SanDisk. “The economic outlook has been taken hostage by the relentless surge in oil prices,” said one economist. More »

      Tags

      US economy  • gas prices  • oil price  • Ford  • American Airlines  • United Airlines  • drivers

    • SUVs Plunge in Value as Drivers Turn to Smaller Cars

      CNN  |  May 24, 08 8:21 AM CDT

      SUVs Plunge in Value as Drivers Turn to Smaller Cars

      (Newser) - SUVs are falling out of fashion fast as gas prices go through the roof, CNN reports. As drivers downsize to more fuel-efficient vehicles, gas-guzzlers are filling up used-car lots—but there aren't many buyers. The biggest SUVs—like the Cadillac Escalade, Ford Expedition, and Chevy Suburban—are dropping in value by the thousands, a dealer reports. More »

      Tags

      gas prices  • auto industry  • Ford  • SUV  • SUVs  • vehicle  • drivers  • pickup trucks

    • Dismal Day Ends Dismal Week

      MarketWatch  |  May 23, 08 3:34 PM CDT

      Dismal Day Ends Dismal Week

      (Newser) - Stocks fell today, rounding out a gloomy week as the familiar themes of housing malaise and energy costs manifested in widespread big losses, MarketWatch reports. The Dow fell 145.99 to close at 12,479.63, the Nasdaq lost 19.91, settling at 2,444.67, and the S&P 500 fell 18.42, closing at 1,375.93. More »

    • Mercury Line May Hit the Scrap Heap

      Los Angeles Times  |  May 10, 08 6:52 PM CDT

      Mercury Line May Hit the Scrap Heap

      (Newser) - Once a four-wheeled icon of cool, Ford's Mercury brand is steadily losing traction and may soon be parked for good, the Los Angeles Times reports. Ford has not yet announced a plan to scrap the line, but one key stockholder is urging the company to let it go.  "Mercury has one more product cycle left in it, and then will almost certainly be retired as a brand," one analyst said. More »

      Tags

      auto industry  • car  • Ford  • retirement  • auto sales  • auto  • car dealers  • Mercury  • dealership

    • Volvo Promises Crash-Proof Car By 2020

      Reuters  |  May 1, 08 4:35 AM CDT

      Volvo Promises Crash-Proof Car By 2020

      (Newser) - Volvo executives have vowed to create an un-crashable, injury-proof car by 2020, Reuters reports. The car manufacturer is adapting technology developed for commercial aviation to create a vehicle that will take over the controls in a dangerous situation and brake or steer out of harm's way. Engineers are hopeful such technology will eventually eliminate annual road death tolls. More »

      Tags

      Ford  • safety  • engineering  • Mercedes Benz  • Volvo  • sonar  • radar

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