May 2010

Ford sells more than half million Fiestas in first year

(November 1, 2009) DEARBORN, Mich. — One year after its debut, more than half a million customers have purchased the new Ford Fiesta, marking an important milestone as Ford Motor Company prepares to bring the fuel-efficient, global car to the U.S. and other key Asian Pacific markets next year.

At full capacity the facility will be able to produce 300,000 vehicles a year

(October 29, 2009) WEST POINT, Ga. — In the midst of one of the most severe economic downturns since the Great Depression, the economies of this small town on Interstate 85 and surrounding communities near the Alabama state line about 60 miles southwest of Atlanta are booming.

Newest Ian Callum design begins auto show trek before going on sale in the spring

(Octobr 30, 2009) MIAMI — The South Florida International Auto Show — known more commonly as the Miami Auto Show — has not reached the status of Los Angeles, Detroit, Chicago or New York. But the Miami market is one of the most important in the country, and it's not surprising that Jaguar elected to use Miami for its first public showing in the U.S.

Volkswagen releases sketch of new sedan to be built in Chattanooga

(October 31, 2009) Volkswagen of America has released a sketch of its new mid-size sedan that will go on sale in the fall of 2011 as a 2012 model-year car.

Ford to build European small SUV in Kentucky



(October 29, 2009) Just as Ford Motor Co.’s UAW workers geared up to vote on widely unpopular changes to their labor contract to help the automaker save money, news leaked that the automaker would build a small SUV it sells in Europe, called the Kuga, at its Louisville Assembly Plant.

Ford spokesman Mark Truby said Ford has already announced it is retooling the plant to build vehicles in the compact segment but declined to comment specifically on the production of the Kuga.

Ford takes three categories in Popular Mechanics annual awards

(October 29, 2009) DEARBORN, Mich. — Editors at Popular Mechanics today announced the winners of the magazine’s 2010 Automotive Excellence Awards, and Ford Motor Company set a precedent, winning more categories in a single year than any other automaker in the history of the awards.

Mazda's first-half sales beat target

(October 29, 2009) TOKYO — Mazda lifted its full-year guidance to call for a slightly smaller operating loss, citing better sales and currency rates than it had anticipated.

Mazda, held 13 percent by Ford, had revised its first-half estimates earlier this month when it announced a share sale of about $1 billion, but had left its forecast for the October-March second half unchanged.

Kia Soul one of the winners of Popular Mechanics' 'Automotive Excellence Award'

(October 29, 2009) Already a recipient of numerous accolades including a “Top Safety Pick” by the Insurance Institute for Highway Safety, being named to the “Coolest New Cars Under $18,000” list by Kelley Blue Book and “Interior of the Year” list by Ward’s AutoWorld, the 2010 Kia Soul has been honored again with the “2010 Automotive Excellence Award” by Popular Mechanics.

Recognized for its appealing style, fuel efficiency, handling and overall value, Soul is one of only 10 vehicles to be acknowledged on the esteemed list.

GM receives grant for work on capturing engine exhaust and turning it into energy

(October 29, 2009) WARREN, Mich. — The day is coming when the heat from your car’s engine exhaust is captured and converted to mechanical energy capable of powering your vehicle’s stereo, power seats and air conditioning.

General Motors R&D received a $2.7 million federal award Monday that will help build a prototype using Shape Memory Alloy, or SMA, that would generate electricity from the heat in automotive exhaust.

Chinese automaker Geely first in line to purchase Volvo from Ford

(October 29, 2009) Chinese automaker Geely Group Holding Co. Ford's  preferred bidder to purchase Volvo Car Corp, according to news reports.

Ford announced Wednesday that it will start more detailed negotiations with Geely, adding that no final decisions have been made.

"Ford believes Geely has the potential to be a responsible future owner of Volvo and to take the business forward while preserving its core values and the independence of the Swedish brand," Ford Chief Financial Officer Lewis Booth said in a statement.