Ford Motor Company isn’t only working on making its products go green – the company is also committed to energy efficiency and saving money at the office. FoMoCo IT is launching a new program called PC Power Management, Ford will start asking its users to shutdown their computer systems overnight and on the weekends to further reduce energy. …click here to read more
If you enjoyed this post, feel free to subscribes to our rss feeds
Its official. Ken Block has gone global announcing a new partnership with the Monster Energy World Rally Team. Mr. Block will also be switching from Subaru to Ford, and has global platform to hone his rally skills. In addition to campaigning a Fiesta in the 2010 Rally America and X Games competition, Block will also pilot a Focus in the 2010 FIA WRC series. …click here to read more
If you enjoyed this post, feel free to subscribes to our rss feeds
Ford Motor Company is pushing in-car technology in a huge way at the 2010 International Consumer Electronics show. Announcing MyFord Touch, an electronic dashboard that brings the intuitive nature of MP3 players and mobile phones to Ford vehicles. Technology that will redefine driver connectivity and interaction with their car.
MyFord™ which will be branded as MyLincoln Touch and MyMercury Touch on respective Lincoln and Mercury brand products, redesigns the in-car interface, mirroring how consumers interact with most devices in their lives using touch-sensitive buttons, touch screens, thumb-wheel controls and voice recognition. …click here to read more
If you enjoyed this post, feel free to subscribes to our rss feeds
Ford Racing has been testing the 2010 model of the Cobra Jet Mustang, and as it appears in the video just released, things are looking ‘Up’ to say the least. While preforming a test run in a development model with the new 2010 powertrain, the FR500CJ managed to pull off the line with a tall wheelie showcasing the massive torque and traction.
The ability to launch the front wheels into the air is achieved with the help of a new aluminum-block motor that weights considerably less than its iron counterpart. This leaves us scratching our heads thinking if we will get to see this motor under the hood of the 2011 Shelby GT500. Enjoy the video below. Short but sweet! …click here to read more
If you enjoyed this post, feel free to subscribes to our rss feeds
Rewind forty-five years when he introduced the original Ford Mustang at the 1964 New York World’s Fair, auto icon Lee Iacocca has announced a new version of the infamous muscle car – the Iacocca Silver 45th Anniversary Edition Ford Mustang. Featuring a unique Mustang fastback look, only 45 of the “2009½” special edition cars will be built, each finished in a unique “Iacocca” chosen silver hue.
Two years in the making, the limited edition Mustang is a collaborative effort by Iacocca, designer Michael Leone, and coachbuilder Gaffoglio Family Metalcrafters. The project you see is in fact the first of a new customization program called I Legacy. A partnership with Galpin Ford located in California, the cars are being offered for public sale. …click here to read more
If you enjoyed this post, feel free to subscribes to our rss feeds
Ford Motor Co. said it still has no immediate plans to ask for financial aid from the U.S. government even though it reported a $5.9 billion US loss in the fourth quarter. With the automobile sector struggling amid weak sales, Ford said its revenue for the quarter dropped to $29.2 billion from $45.5 billion year-over-year.
Ford’s loss came in at $2.46 a share, compared to the loss of $1.13 a share, or $2.8 billion, it reported for the same quarter of the previous year. Excluding special items, Ford lost $1.37 a share, which was worse than the $1.30 per share average forecast of Wall Street analysts polled by Thomson Reuters.
The automaker said it consumed $5.5 billion in cash during the quarter, down from $7.7 billion in the previous quarter. The company has said previously it has enough cash to get through 2009 and won’t need a bailout unless the economic situation worsens. “We don’t plan to or foresee using it,” company spokesman Mark Truby said Thursday, referring to financial aid from the U.S. government.
The company had about $13.4 billion in cash as of the end of 2008, and plans to tap a $10.1 billion secured line of credit on Tuesday. While Ford is not seeking government aid, General Motors and Chrysler are both receiving loans. GM got $13.4 billion while Chrysler got $4 billion.
If you enjoyed this post, feel free to subscribes to our rss feeds
The head of the United Auto Workers union expressed hope that a bipartisan deal to help floundering auto makers can be reached Thursday, despite skepticism among some lawmakers that Senate leaders would agree to a pact.
UAW President Ron Gettelfinger revealed news of the proposed deal during a previously-arranged news conference in Detroit, sending shares of Ford Motor Co. and General Motors Corp. sharply higher.
The office of Sen. Carl Levin, D-Mich., said an agreement had been reached, with lawmakers due to brief reporters at 2:30 p.m. Eastern Thursday. …click here to read more
If you enjoyed this post, feel free to subscribes to our rss feeds
