Originally the car was slated to be completed before the new year, but delays in parts shipments, caused by severe weather in Southwestern Ontario, pushed production into the first days of the new year.
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Although the upcoming Ford Escape is planned as the first, ‘primary’ vehicle to be manufactured at Louisville, the plant will be configured to handle flexible production, everything from small cars, to larger crossover SUVs (rumor has it that the new 2010 Focus and an upcoming small Lincoln SUV will join Escape at some point in...
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Overall, most industry analysts agree that the US economy has performed better over the last 18 months than expected and although auto sales were down, the market share of Detroit’s big three held up better than anticipated.
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And among the overall increase in truck demand, individual vehicles have scored particularly significant gains. Sales of Ford’s F-Series pickups have climbed by 30 percent through October, while sales of Chrysler’s Jeep Grand Cherokee SUV (recently revamped for 2011) rose by 41 percent in the same period.
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Today, perhaps the most suitable vehicle of all is Ford’s F-150 SVT Raptor, but until now, there’s been one small problem – leather seats.
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Now with Ford offloading 7.5 percent of that interest (the shares will be transfered to Mazda’s busines partners in off-auction trading through the Nikkei stock exhange); Chase Manhattan Bank is set to become the largest individual shareholder in the company.
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Labeled the ‘Lincoln Complimentary Maintenance Program,’ it provides free servicing to customers who own 2011 model year or newer Lincoln vehicles and is designed to enhance the 50,000 mile, four-year bumper to bumper manufacturer’s warranty.
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If the planned sell-off goes ahead, then it is likely that many of the Ford shares will be offered to Sumitomo Mitsui Banking, giving it the largest stake holder interest in the Japanese automaker.
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If Lincoln does decide to re-enter the pickup market, it will likely be based on the larger S-D pickup -possibly a F-250 3/4 ton truck with a stretched cab, similar to Ram’s current Mega Cab.
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But even as production winds down, there actually seems to be fewer deals to be had – including the loss of bonus cash offers – quite extraordinary, since sales of Mercury vehicles have spiked recently.
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If Ford’s claims are to be believed, that means the 2011 Explorer will likely get 18 miles per gallon in town and around 26 on the highway, versus the 14/20 cycle for today’s truck.
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Besides the truck, the winner will also receive as part of the prize, a full weekend on the road with Toby including transportation to and from the airport, exclusive use of their very own tour bus, plus all meals and exclusive back stage access.
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Among the most exciting for enthusiasts are once hard to find trim and interior components, along with complete reproduction body shells for 1967, ’68, ’69, and ’70 Mustang Fastback/Sportsroof models.
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Auto sales in the U.S. show early signs of a rebound as Ford Motor Company posted a sales percentage loss for the month of June of just 10.7 percent. This is the automaker’s smallest sales decline in 16 months, prompting an unusual amount of optimism in the auto industry. Many automakers still suffered significant decline,...
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