Posted: January 12th, 2012 | Author: M.Aaron Silverman | Filed under: Auto Maker, Auto News, Ford, General Motors, Grilled, Holden | Tags: Australia, Auto News, Bailout, Business News, Co-Investment, Ford, Ford Australia, General Motors, General Motors Australia, gm, HOLDEN, Motoring News | Comments Off on AUSTRALIA: The Cost of Keeping Auto Makers Local
Sales of the Australian made large cars – Holden Commodore and Ford Falcon – have dropped alarmingly in recent years. The Commodore’s 15-year run as Australia’s best-selling vehicle was ended abruptly in 2011 by the Japanese manufactured Mazda3, while Ford Falcon sales plummeted to fewer than 19,000 units in 2011.
So Exactly How Much Does it Cost to Keep Auto Makers in Australia? Between $100 and $200 Million!?
Holden says it is getting closer to announcing co-investment from the Federal Government and parent company General Motors as it looks to secure the local manufacturing of the Cruze and Commodore beyond 2018. Ford has announced a fresh $103 million investment for it’s Falcon range of large car and Territory SUV, though the future of the Australian-built vehicles is still guaranteed only until the end of 2016. Read the full article »»»»
Posted: July 9th, 2011 | Author: Michael Courtenay | Filed under: Auto News | Tags: ecoboost, Ford, Ford B-MAX, Ford Start, grilled, hybrid transmission, michael courtenay | Comments Off on Ford's NEW Three Cylinder 1Litre EcoBoost Engine
In a sign of the times – Greenliness is Next To G_dliness – Ford is expanding its industry-leading range of fuel-efficient powertrains with the addition of an all-new 1.0-litre EcoBoost three-cylinder, developed in Germany. Ford confirmed its next generation of hybrid vehicles, including the C-MAX in 2013, will have a Ford-designed, engineered and built transmission. The arrival of the latest member of the EcoBoost family and Ford’s new hybrid transmission, will further strengthen the company’s lineup of fuel-efficient vehicles. Introducing the powertrain newcomers, Derrick Kuzak, Ford’s group vice president of Global Product Development, said the three cylinder, in-line, powerpack had been developed in Europe for worldwide application and is a significant addition to Ford’s EcoBoost range of engines. Read the full article »»»»
Posted: July 27th, 2010 | Author: Michael Courtenay | Filed under: Auto News, Ford | Tags: Auto News, Ford | Comments Off on Ford Slowly Climbing Over Debt
With better cars and higher prices, Ford is generating the cash it needs to get back on its feet.
DETROIT – Ford Motor hocked everything, even the company’s famous logo, to avoid the kind of collapse that landed General Motors and Chrysler in bankruptcy. The downside is that now the company is buried in debt.
Posted: December 29th, 2009 | Author: Michael Courtenay | Filed under: Auto News, China | Tags: china, Ford, General Motors, Haier, Lenovo, Volvo, Zhejiang Geely | Comments Off on Brand China Expands to Autos
Chinese manufacturers know how to squeeze, they have the ability to produce low-cost versions of goods for mass markets. But they haven’t been able to Value-Add or catch the premium that comes with being a top brand.
News that Ford Motor has agreed to terms with Zhejiang Geely for the Chinese carmaker to acquire its Volvo Cars division is the latest example of the next wave of Chinese foreign investment. Manufacturers, mostly privately owned, not state enterprises are increasingly looking for brands and technology to use as the foundation of a new generation of innovative and branded Chinese products for both domestic and global markets.
The first wave of Chinese foreign investment was led by the country’s huge state-owned enterprises, which aimed to secure critical natural resources such as oil and minerals and bought into basic industries that are capital intensive and need scale, such as steelmaking, shipbuilding, construction and telecom infrastructure.
Chinese companies say that their motivation for foreign direct investment is market access or a pre-emptive securing of access against potential protectionist barriers. Computer maker Lenovo and white-goods manufacturer Haier have made inroads into the markets of the developed world following acquisitions, most notably Lenovo’s of IBM’s PC business :: Read the full article »»»»
Posted: August 9th, 2009 | Author: Buster Cookson | Filed under: Aston Martin, Blip, Wiki | Tags: Ason Martin GT4, Aston Martin Cygnet, Aston Martin DB, Aston Martin Lagonda Limited, Aston Martin Racing, Aston Martin Rapide, Aston Martin V12 Vanquish, Aston Martin Vantage, Aston Martin Virage/Virage Volante, Aston Martin Zagato, Bamford & Martin, David Brown, David Richards, DB, Ford, Lagonda, Le Mans, Lionel Martin, Newport Pagnell, Premier Automotive Group, Prodrive, Robert Bamford, Victor Gauntlett, Wiki, William Willson | Comments Off on Wiki: Aston Martin Lagonda
Aston Martin Lagonda Limited is a British manufacturer of luxury sports cars, based in Gaydon, Warwickshire. As with all great endeavors there are successes and challenges. What makes Aston Martin such a great marquee is that even though the challenges always seemed to outweigh the successes, the product was always notable. Read the full article »»»»