Archives for August 29th, 2013

Ford Reports $2.1 Billion in Q1 Profits Globally, U.S. Sales Lead the Way

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Ford Motor Company has just released its first quarter earnings, and the results further suggest the Blue Oval’s financial health, especially domestically. Ford reported a pre-tax profit of $2.1 billion in the first quarter, with the U.S. market leading the way. This marks 15 consecutive months of profitability, and 12 consecutive months of positive cash flow. While the U.S. market experienced renewed growth, ...

Ford celebrates 1 millionth Mustang built at Flat Rock

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Yesterday, the Ford Mustang turned 49 years old, and Ford didn't miss the opportunity to celebrate the one millionth version of the Mustang rolling off the assembly line at the Flat Rock Assembly plant. Production of the Mustang at Flat Rock coincided with the fifth-generation design launching in 2004, and the one millionth car was the car shown above, a 2014 GT convertible painted in Ruby Red. In total, Ford has sold more than 8.5 million ...

Quoth the Falcon, Nevermore: Why Ford’s Closing Its Australian Production Facilities

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In the end, the timing came as a surprise, even if the outcome was long considered a foregone conclusion. Dearborn’s final decision to pull the plug on Ford’s 88-year-old Australian manufacturing operations was announced at a press conference in Melbourne Thursday morning—absent of the usual drip of leaks that tend to accompany an announcement of this significance. It isn’t quite the end for Ford’s local operations just yet, with production set to continue until October of ...

Ford reveals concept trucks that ultimately became Atlas

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The Ford Atlas Concept was one of the quiet success stories of the 2013 Detroit Auto Show, and now Ford has given us a quick glimpse as to how that creation came to be. Designers actually combined two early sketches to build the Atlas. One, called the Bullet Train, is a futuristic, aerodynamic creation, while the other, aptly named the Locomotive, features the squared off proportions we're familiar with. Once designers settled on the truck's proportions, ...

2012 Ford F-150 Lariat 4×4 EcoBoost Long-Term Update 3

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The Ford continues to be busy at work. This time around, Testing Director Kim Reynolds went to northern California on two different occasions to move large objects back to Southern California. On the first trip, Reynolds picked up a washing machine, a task that took a bit of work (it was heavy, and he was working alone), but he got it done. ...

Top 10 March Sales Surprises: Big (and Small) Sales From Unexpected Places

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Electric Car Sales Have Short Circuit Overall, the U.S. saw sales for March up 3 percent, yet that wasn’t helped by electric cars. The slow-selling Mitsubishi i-MiEV found 31 takers, down from 56 in the year prior. Chevrolet Volt sales were down 35 percent to 1,478. But Nissan Leaf sales saw a surprising uptick, 2,236 cars sold, a 286-percent increase. In overall sales, ...