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Sales victory by FPV

Category: Ford News

Posted: 11.02.2009 13:14

HOLDEN Special Vehicles and Ford Performance Vehicles have not been immune from the global downturn, being forced to reduce their workforces and cut production, despite recording near-record sales in 2008.
...
One unexpected result of HSV’s big sales drive in December was a January hangover that led to a rare sales victory by FPV, with 124 sales versus 117 for the first month of the year.

More here.

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New Ford Donk -- Coyote

Category: Ford News

Posted: 22.01.2009 08:14

Here are some 'spy' shots of the new 2010 5.0L Ford V8. Reports suggest that it'll be quad-cam. The coil over plug ignition is cool!

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Ford Shuns US Bailout of Auto Industry

Category: Ford News

Posted: 22.12.2008 16:18

The New York Times reports that Ford US is shunning the bailout package that GM and CHrysler have pleaded to receive from the US Government.

Ford are in a much stronger position that both GM and Chrysler because they have more cash on hand (US$18.9 billion Ford versus US$16.2 billion GM) and organised over US$10 billion worth of credit from the bank in 2006. This puts them in a much stronger position than their cross town rivals. Analysts suggest this may have an impact in the market when consumers realise that the people in charge of Ford are not as stupid as the peanuts in charge of GM or Chrysler.

Go the Ford (management)!

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Ford to cut jobs outside US

Category: Ford News

Posted: 15.07.2008 14:04

We reported last month of drastic job cuts involving the US Ford outpost in wake of slow sales and a dwindling market share, now Ford�s Spokeswoman Marcey Evans has gone on record stating that job cuts aren�t just limited to North America and will involve looking at their Asian operations as well.

Ford need to trim back 15% of their salaried costs in their North American operations by the time August 1st rolls around, leaving workers full of anger and without a job.