02 Feb

Producing One Million Electric Car

By / on Auto News

The Electric Vehicle Association has put forward some of the policies and the technology advances in order to meet the goal of producing one million electric vehicles set by the Obama administration. The Electric Drive Transportation Associated is also expecting to see the release of some new policies which the industry experts would recognise the technological shift from the gas-generated vehicles.

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02 Feb

2009 Ford F-150 XLT

By / on Reviews

The 2009 Ford F-150 is made by all those people who know what all should be included in a typical pick-up truck and its functions that would benefit the customers to its best. Ford has a reputation to live up to with the introduction of the F-150 and its time for the company to pick up on the lagging sales and capture the majority of the market.

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02 Feb

Ford Fusion for 2010

By / on Reviews

The Ford Motor Company is going through product revitalization. In the latter half of 2008, the company has introduced an impressive future portfolio and has also released the revised Fusion that would hold its own in the present competitive market place.

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31 Jan

Shelby and Ford Come Together for the GT ‘R-Model’

By / on Auto News

Shelby and Ford coming together with a Mustang isn’t something surprising, however it has become the norm these days. But at the same time as they do something that they haven’t done in the past forty years, the product is expected to be pretty special with a price tag of almost $100,000.

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30 Jan

Ford Credit Would Cut Down 20% of Workforce as Sales Drop

By / on Auto News

Ford Motor Credit would be cutting down 20% of its US work force since the auto sales fall down and the company would provide financing only for the lesser brands.More than 1,200 jobs shall be eliminated by the end of July and a spokesperson from the Automotive New named Margaret Mellott informed that there was a 21.8% decrease in the Ford Motor Sales last year. Mellott also added that the company is trying to keep the costs in line as compared to the level of receivables.

Better details of the same shall be shared on Thursday when the manufacturer along with its finance unit would release their fourth quarter and the full year earnings report. The job cuts would start as early as mid-February and the reduction would primarily feature the involuntary layoffs and add in some more attrition as well as the retirement. The headquarters at Detroit in addition to the other business units shall be affected to a great extent.

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