It may cost more money to purchase and fill up, but SUVs , trucks and mini-vans are cheaper to insure. This information is coming from a recent government report that based its findings on the fact that some vehicles cost less to fix, and therefore reflects how much it will cost to insure. Based on...
Continue Reading...
Ford posted a $2.1 billion profit for this quarter, beating market expectations by a full year despite a lull in the new vehicle market. Ford has undergone a series of cost-cutting measures, including plant closures and layoffs, but has also introduced a torrent of new product in nearly every segment. Ford hasn’t earned $2 billion...
Continue Reading...
With Ford President Mark Fields has already confirmed that Mercury will get a new compact model based on the new Focus platform and now it seems that car’s name has gone public. According to a report by Automotive News, Mercury intends to bring back the Tracer name. This certainly makes sense as the the Tracer...
Continue Reading...
Just as Toyota is facing a potential recall of its popular Prius hybrid for brake problems, Ford has today announced a recall of its own, affecting the Fusion Hybrid and Mercury Milan hybrid. The comparatively small recall affects 17,600 Fusion and Milan hybrids built on or before October 17, 2009. Officially the move by Ford...
Continue Reading...
Ford is looking to inject some lift into the middling Mercury brand with a new compact car, based on the Ford Focus. While it’s not clear if the model will be a version of the Focus, after all, Ford is planning a total of 10 Focus-based models for the U.S., it is the most likely....
Continue Reading...
Ford ended 2009 with its highest sales month since May 2008 while gaining its first year-end market share gain since 1995. Sales were up in every product category in December 2009 as Ford recorded a 33 percent sales increase compared to the same month in 2008. Ford, Lincoln and Mercury sales totaled 179,017 in December....
Continue Reading...
According to a recent report on the auto industry, published by Merrill Lynch, Ford is poised to surpass General Motors and become the top-selling automaker in the U.S. over the next four years. The reason for Ford’s forecasted success is its new line of products, including the Fiesta sub-compact (pictured above). Currently Ford holds a...
Continue Reading...
The last Mercury Sable will roll off the assembly line this Thursday. The latest casualty of the worldwide economic downturn, the Mercury-branded Taurus has been produced alongside its vastly more popular brother since 1986 – with a short production stoppage in 2006. While Ford recently unveiled an all new Taurus, the decision was made to...
Continue Reading...
Ford Motor Company has announced huge strides in its efforts to become economically viable. And whether through magic or some sort of wacky accounting that involves proper management of finances, it has done this without federal government aid (aka your tax dollars). Today Ford announced that is has reduced its $25.9 billion debt by more...
Continue Reading...
Just as General Motors announced it’s GM Total Confidence plan earlier today, Ford is getting into the incentive game with its new Ford Advantage Plan. The “Plan” one-ups GM’s offer by covering 12 months of car payments for anyone who loses their job. Better still, the Ford will make those payments up to $700. “Consumers...
Continue Reading...
Ford’s Fusion Hybrid, which boasts a class leading fuel economy rating of 36/41 mpg (city/highway) will qualify for a $3,400 tax credit – the largest such tax credit the federal government has ever given out.The same tax credit will also apply to the Mercury Milan Hybrid. Ford is excited about this incentive and hopes it...
Continue Reading...
For 2010, the Milan will be offered with the same revolutionary hybrid engine found in the new Ford Fusion. Both vehicles are rated at an EPA tested 41 mpg on the highway and 36 mpg in the city – besting the Camry by 2 and 6 mpg respectively. “For sophisticated consumers looking for a stylish...
Continue Reading...
Welcome to the AutoGuide.com News Blog, your comprehensive source for breaking automotive news. Our staff of writers and contributors will keep you updated on all aspects of the auto industry, from vehicle unveilings, to concept cars, to news from auto shows, the aftermarket and the world of motorsports. The AutoGuide.com News Blog complements...
Continue Reading...
sidebar...
