Ford Motor Company

Ford Fusion
6:07 pm
Tue September 18, 2012

Ford launches new Fusion in five cities

Ford CEO Alan Mulally and American Idol host Ryan Seacrest in Times Square
Ford Motor Company

Ford Motor Company launched the new Fusion today - in five different cities.

The big splash highlights the importance of the car to Ford.

More people buy midsize cars in the U.S. than any other size-- and midsize cars are becoming more popular in other regions of the world, too.

Ford wants to topple the dominant player, the Toyota Camry --and says the new Fusion will make even further inroads.

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Ford CEO Alan Mulally
5:52 pm
Tue September 18, 2012

Mulally: "My plan is to continue to serve at Ford"

Ford CEO Alan Mulally in New York on Tuesday, touting the new hybrid Fusion's segment-leading fuel economy
Ford Motor Company

Ford Motor Company CEO Alan Mulally says he has NOT told his company's board when he will retire-- contrary to recent media speculation.

Mulally's retirement date is an obsessively pursued story in the auto press.

Bloomberg, Reuters and the Wall Street Journal especially are all vying to be the first to get it right.

Bloomberg said last week that the Board of Ford Motor Company was poised to promote Mark Fields, Ford's President of the Americas.

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1:40 pm
Tue September 18, 2012

Canadian Auto Workers extend negotiations with Chrysler and GM

Lead in text: 
After reaching a tentative four-year deal with Ford on Monday, CAW officials have agreed on an indefinite extension of negotiations with Chrysler and GM.
Toronto - After agreeing to an extension of negotiations, members of the Canadian Auto Workers, Chrysler Group LLC and General Motors Co. worked into early Tuesday morning hammering out details of a new contract. Parties had already met for a caucus Tuesday morning and will likely caucus again later in the afternoon.
Ford, Mulally and Fields
2:38 pm
Thu September 13, 2012

Bloomberg, Reuters trying to out-scoop each other on Ford succession story

DETROIT (Reuters) - Ford Motor Co's (F.N) board of directors is considering keeping Chief Executive Alan Mulally involved with the No. 2 U.S. automaker after his retirement as nonexecutive chairman, a person familiar with the matter said on Thursday.

Auto
1:29 pm
Thu September 13, 2012

Mulally leaving Ford? AP lists 3 reasons to worry, and 3 reasons to be hopeful

Ford CEO Alan Mulally. Ever since he turned 65, there's been speculation about his retirement.

Henry Ford's great-grandson said it plainly to the Associated Press... Ford Motor Company was once plagued by internal divisions that dragged the company down.

"At the old Ford, you had heroes and villains," [Bill Ford Jr.] said. "Now, it's, `OK, where do we have issues and how do we solve them?'"

Alan Mulally was brought in by Bill Ford Jr. in 2006 as Ford's new CEO.

Mulally has been credited with righting the ship. Michigan Radio's Tracy Samilton wrote about how Mulally has changed things at Ford over the last six years.

She writes about how Mulally's retirement has been a point of speculation ever since he turned 65:

...one question invariably comes up during media scrums at Ford Motor Company events. "When are you going to retire?" some reporter or other asks. Now that he's 67, the question is being asked even more frequently

Yesterday, Bloomberg News broke a story about moves the company plans to make:

Ford Motor Co. (F) directors are preparing to promote Mark Fields to chief operating officer from president of the Americas, a move that anoints him as probable successor to Chief Executive Officer Alan Mulally, according to a person familiar with the plan.

Bloomberg writes Mulally is expected to retire at the end of 2013. Really? So far the company itself is mum.

But the retirement talk, has AP auto reporters Dee-Ann Durbin and Tom Krisher writing about life at Ford after Mulally.

They highlight six points about the company.

3 of which they say should worry investors, and three of which they say are encouraging signs.

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Auto
12:07 pm
Thu September 13, 2012

The man brave enough to take Alan Mulally at his word could be Ford's next CEO

ford.wieck.com

Ever since Ford CEO Alan Mulally turned 65, one question invariably comes up during media scrums at Ford Motor Company events.  "When are you going to retire?" some reporter or other asks.

Now that he's 67, the question is being asked even more frequently -- even though the man is by all accounts healthy, extremely fit, and a fierce competitor on the tennis court and golf course - and even though he seems to relish his job.  

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CAW talks
10:02 am
Wed September 12, 2012

Will Canadian Auto Workers union strike? We may know in 5 days

Canadian Auto Workers union

Just five days remain before an existing contract between the Canadian Auto Workers and Ford, GM, and Chrysler  expires. 

Members of the union previously authorized their leaders to call a strike - but it's a double edged sword for the union.

Ken Lewenza is National President of the Canadian Auto Workers.

He says the union is willing to come up with a deal that preserves the Detroit Three's Canadian labor costs as they are now.

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Auto
2:36 pm
Mon September 10, 2012

Big 3 U.S. automakers facing strikes in Canada?

Jeff Smith Flickr

There's one week left in contract negotiations with the Canadian Auto Workers union, and it appears there are still some major sticking points in negotiations.

We posted last week that the union voted to authorize a strike if they determined one was needed.

Reuters reports plans for a potential strike are moving forward.

Strike captains at the union, which represents about 20,000 members at the three companies, were to meet in Toronto on Monday to advance plans for a triple strike.

"All three bargaining committees are determined to reject these demands and reach a fair deal," the CAW said in a leaflet distributed to members on Monday.

"The union recognizes the fragility of the industry and the need to stabilize fixed costs, while finding a solution rewards members' work. Unfortunately, our efforts have not been met with equal willingness by the companies to negotiate fair terms," the leaflet said.

The last time the Canadian Auto Workers went on strike was in 1996.

Auto
10:37 am
Tue September 4, 2012

U.S. automakers report strong sales numbers for August

August was a good month for U.S. automakers
Lester Graham Michigan Radio

August was a good month for U.S. automakers compared to a year ago. In total, the big three sold more than 585,700 vehicles last month.

Chrysler had its best month since August 2007, according to the AP, and had sales of more than 148,000 vehicles. They say their sales were led by demand for the Dodge Ram pickup truck.

Ford sold 197,249 vehicles in August, and in a press release said high gas prices led more people to their lineup of vehicles.

“As fuel prices rose again during August, we saw growing numbers of people gravitate toward our fuel-efficient vehicles – cars, utilities and trucks,” said Ken Czubay, Ford vice president, U.S. Marketing, Sales and Service.

And General Motors sold 240,520 vehicles in August. More than Ford or Chrysler.

In their press release, GM said it's ready for gradual improvements in the economy.

“The single message Chevrolet communicated this summer was ‘confidence’ and it rang true with customers when they saw how our product lineup is being transformed,” said Kurt McNeil, vice president of U.S. sales operations. “All four of our brands are building momentum behind new products so we’re very well positioned as the economy continues to slowly improve.”

Politics & Government
3:00 am
Fri August 31, 2012

Lobbyists leave GOP National Convention. Next stop, Democratic National Convention

Lobbyists know their way around national political conventions
Steve Carmody/Michigan Radio

The Republicans have wrapped up their convention in Tampa. Now hundreds of business people and lobbyists are boarding planes to join the Democrats in Charlotte for their national convention next week.

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Auto
10:57 am
Mon August 27, 2012

Canadian Auto Workers authorize strike against Ford, Chrysler, GM

User: dmealiffe flickr.com

The Canadian Auto Workers union said today its members have voted to strike against Chrysler, Ford, and GM, if necessary.

The Detroit News reports the CAW is negotiating new contracts with the automakers. Current contracts are set to expire on September 17:

The CAW is expected to meet with the automakers Monday and Tuesday in downtown Toronto.

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Auto
11:42 am
Fri August 24, 2012

Ford's touch screens get thumbs-down from Consumer Reports

Randy Stern Wikimedia Commons

Consumer Reports says it's not just picking on Ford with its latest blog, entitled "Why the MyFord Touch control system stinks."  The magazine says Ford is one of the worst offenders, but it says any car touch screen that takes the driver's eyes off the road is a bad idea. 

MyFord Touch controls the radio, heat or air conditioning, navigation, trip computer, and, well,  just about everything except the gas, brakes and steering wheel. 

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Auto
12:30 pm
Mon August 20, 2012

Ford sets sights on Toyota with C-MAX news

The 2013 Ford C-MAX Hybrid.
Ford Motor Company

Ford Motor Company is taking on Toyota in a market the Japanese automaker once dominated - fuel efficient passenger vehicles. The 2013 Ford C-MAX Hybrid and Ford C-MAX Energi plug-in Hybrid are going on sale this fall.

Ford announced today that the 2013 Ford C-MAX can go further on a tank of gas than the Toyota Prius v.

  • 570 miles for the C-MAX vs. 450 miles for the Prius v.

The 2013 C-MAX hybrid gas-electric vehicle has an mpg rating that is the same for the city and the highway - 47 mpg. Ford notes that is 7 mpg better than Toyota Prius v on the highway.

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Auto
2:09 pm
Thu August 2, 2012

Ford adds 225 jobs in Sterling Heights to build hybrid transmissions

Ford Focus C-Max
user: Matthias93 Wikimedia Commons

Ford Motor Company is hiring 225 workers to run a new hybrid-electric transmission assembly line at the Sterling Heights plant.

The Associated Press reports Ford is investing $220 million in the Van Dyke Transmission plant to make the new transmission.

Ford used to purchase its hybrid transmissions from Japan, but the Van Dyke plant's new assembly line will construct Ford's first domestically designed and produced hybrid transmission.

Hybrid versions of the C-Max, Ford Fusion and Lincoln MKZ midsize sedans will sport the new transmission beginning this fall, as well as the plug-in hybrid versions of the Fusion and the soon-to-be-released C-Max.

In a press release, the company says the plant already added 130 jobs as part of the launch, and the remaining employees will start work by the end of the month.

Ford says the plant is now the only producer of front-wheel-drive hybrid transmissions in North America, though General Motors Co. makes rear-wheel-drive hybrid transmissions in Maryland, the AP reports.

-Elaine Ezekiel, Michigan Radio Newsroom

Transportation
6:00 pm
Thu July 26, 2012

With new recalls, Ford's having a rough week

The 2001 Ford Escape
Edmunds.com

Ford is issuing yet another recall, the company’s third in about two weeks. This time, it’s for older model Escapes.

Gas pedals in the SUV can get stuck when they’re pushed close to the floor. That’s only for the 2001 through 2004 models with 3 liter, V6 engines. Complaints involve 13 crashes and one death.

Auto
1:06 pm
Thu July 26, 2012

Ford to recall 485,000 small SUVs to fix throttles

2001-2004 Ford Escape
Wikimedia Commons

Ford is recalling nearly 485,000 Escapes and Mavericks to fix sticking gas pedals that can cause crashes.

The worldwide recall affects the 2001 through 2004 model years that are powered by 3-liter V-6 engines with cruise control. It comes just over a week after U.S. safety regulators began investigating the Escape small SUV.

The U.S. National Highway Traffic Safety Administration has received 68 complaints about the problem, including 13 crashes, nine injuries and one death. A teenage girl died in the January crash of an Escape in Arizona.

Ford says the cruise control cables can snag on the plastic cover atop the engine and cause the gas pedals to stick. Dealers will replace the engine cover fasteners and raise the covers to make more room.

Auto
10:23 am
Wed July 25, 2012

Ford's Little Engine That Could Challenge Hybrids

The 2011 Frankfurt Motor Show in Germany featured Ford Motor Co.'s new three-cylinder EcoBoost engine, which will hit the U.S. market next year.
Courtesy of Ford Motor Co.

Originally published on Wed July 25, 2012 9:37 am

Ford Motor Co. intends to prove that good things come in small packages — really small packages. The company has taken engine downsizing to a new level with its new three-cylinder EcoBoost engine, which has been introduced in Europe and is set to hit the U.S. market next year.

The EcoBoost offers more power than many conventional four-cylinder engines, with fuel economy numbers a hybrid could envy. Early fans are calling it a modern "little engine that could," and Ford is betting that American customers are ready to embrace a three-cylinder engine.

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Economy
8:58 am
Wed July 25, 2012

Ford posts lower profits in the 2nd quarter

Steve Carmody/Michigan Radio

DEARBORN, Mich. (AP) - Ford Motor Co. says its net income fell by 57 percent to $1 billion in the second quarter as losses in Europe and Asia mounted.

The company lowered its full-year profit forecast. Ford still expects a strong operating profit, but it will be lower than 2011. Previously the company had expected to make about the same amount.

Auto
4:40 pm
Thu July 19, 2012

Ford recalls 2013 Escapes with 1.6-liter engines

2013 Ford Escape
user Explorationofspace Wikimedia Commons

Ford Motor Company issued a media release today, alerting owners of a safety recall on 2013 Escapes with 1.6-liter engines. The release says the model has faulty fuel lines that could leak and cause a fire.

The car maker advises that its affected customers stop driving the cars immediately in order to allow dealerships to pick them up to remedy the problem, which will take about an hour, according to the statement.

More from the advisory:

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Auto sales
5:32 pm
Tue July 3, 2012

No surprise, June auto sales were good. Surprise, they were better than we thought

Robust U.S. auto sales have been helping to keep a floor on the U.S. economy for months, and they kept up the good work in June.

Car sales surpassed the expectations of many analysts.   

The good news included Detroit car companies.  Ford sales rose 7% and Chrysler sales jumped 20% compared to June a year ago.

General Motors sales increased nearly 16%.

GM's Kurt McNeil says he expects a good second half of the year, too.

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