Ford Reports February 2009 Sales
Mar 3, 2009
- Ford, Lincoln and Mercury February sales totaled 96,044, down 48 percent compared with a year ago. - Ford's Czubay: "We're focused on building a foundation for future growth." - Ford continues to align production and inventories with demand. - February inventories totaled 405,000 vehicles. - Ford announces second qua ... Continue reading
Why The Auto Channel's Press Pass Coverage of the 2009 Geneva Motor Show is So Important?
Mar 1, 2009
This may be the last great international auto show GENEVA - February 28, 2009: One of most visible effects of the current economic depression on the automotive world is what has happened to the once fabulous new car expositions. Not only have important shows in Los Angeles, Detroit and Chicago been neutered by the abse ... Continue reading
Mar 1, 2009
IIHS Top Crash Test Results - 72 winners of 2009 Top Safety Pick awards; almost every category from minicar to large pickup has a winner ARLINGTON, VA - Seventy-two vehicles earn the Insurance Institute for Highway Safety's Top Safety Pick award for 2009. This is more than double the number of 2008 recipients and more ... Continue reading
Did You Miss the 2008 Auto Shows? We Didn't! Experience Them Here! - EXCLUSIVE VIDEO COVERAGE
Feb 28, 2009
Even if you were at the 2008 Auto Shows in Los Angeles, London, Geneva and Detroit there was so much to see and the media introduction schedules were so hectic that chances are you would have missed something. And you may have missed some of the best. But don't worry, because we have it all on TheAutoChannel.com. In ad ... Continue reading
Back to Reality - Bankers Slow Down on Buying Fast Cars
Feb 25, 2009
Washington DC February 25, 2009; The AIADA newsletter reported that for the past several years January has been Christmas for many luxury car dealers. That's when investment bankers, flush, with their hefty bonuses, used to begin prowling through their local Mercedes and Maserati dealerships. Luxury brand vehicles were ... Continue reading
President Obama Backs Retooled U.S. Auto Industry
Feb 25, 2009
Obama backs retooled auto industry but won't protect manufacturers from own bad practices WASHINGTON DC February 24, 2009; The AP reported that President Barack Obama says his administration is committed to a retooled auto industry, but it won't protect auto makers from their own bad practices. Obama says the nation th ... Continue reading
Feb 19, 2009
DETROIT - February 19, 2009: GM and Chrysler have offered up their plans for viability to the U.S. Treasury ... now what? Join John McElroy and three of the foremost automotive journalists/analysts in America as they discuss what the future holds for these troubled automakers and whether GM and Chrysler can even surviv ... Continue reading
Barclays Says Ford May Need To Dip in U.S. Aid in 2009
Feb 2, 2009
February 2, 2009; Tenzin Pema writing for Reuters reported that Ford Motor Co may need to access U.S. government aid in late 2009, an analyst at Barclays Capital said on Monday, just days after the automaker said it would have the cash to survive the worst downturn in auto sales in a decade without a state bailout. Ana ... Continue reading
Ford Says It Doesn't Need Goverments Loans
Jan 25, 2009
NEW ORLEANS January 24, 2009; By Soyoung Kim writing for Reuters reported that Ford Motor Co has enough liquidity to fund its restructuring plan and despite the deep downturn in auto sales still sees no need to ask for government loans, Chief Executive Alan Mulally said on Saturday. "We don't want to borrow any more mo ... Continue reading
2009 Detroit Auto Show - Thoughts From "Our" Optimist
Jan 13, 2009
DETROIT AUTO SHOW The Views of an Optimist By Steve Purdy TheAutoChannel.com Detroit Bureau I canât tell you how many times Iâve been asked my opinion about the likelihood of survival for the Detroit Three automakers. (Youâll no doubt notice that we no longer talk about the Big Three, since Chrysler hasn ... Continue reading
2009 NAIAS: Lincoln C Concept, Big Luxury In Small Package - COMPLETE VIDEO
Jan 12, 2009
Lincoln is breaking new ground with the Lincoln C concept, a new big idea for a small luxury car. Designed with today's upscale, urban consumer in mind, the Lincoln C concept brings the presence and elegance of a large Lincoln to a smaller, more efficient C-sized car. ... Continue reading
Jan 12, 2009
-- All-new 2010 Lincoln MKT enters the premium crossover segment with three-rows of luxury and technologies such as available Active Park Assist - and more -- The Lincoln MKT offers two fuel-efficient yet powerful V-6 engines, including EcoBoost(TM) -- Available late this summer, Lincoln MKT will expand the growing Lin ... Continue reading
Dec 30, 2008
DEARBORN, Mich., Dec. 30, 2008 â The often stressful and frustrating task of parallel parking soon will be as easy as pressing a button for owners of the Lincoln MKS flagship sedan and all-new Lincoln MKT seven-passenger luxury crossover, thanks to an exclusive new technology from Ford Motor Company called Active ... Continue reading
Canucks Kick in $3.3 Billion to Help Detroit Subsidiaries
Dec 20, 2008
TORONTO - December 20, 2008: Canadian Prime Minister Stephen Harper announced that the Canadian federal and Ottowa government will provide $4 billion (Canadian dollars) in emergency loans to their subsidiaries of General Motors and Chrysler. As in the U.S., Ford didn't request any specific financial assistance just a l ... Continue reading
Dec 19, 2008
SAN FRANCISCO - December 19, 2009: Nationally known radio talk show host personality Michael Savage has been making quite a loud argument this afternoon that the reason for President Bush's decision to; a) forego "free-market" principles (even though he is a "free-market" president) and to act socialistically, and b) p ... Continue reading
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