Moody’s is the Latest to Slash GM, Ford Debt; UAW Near Ready to Work Out Compromise with GM
Aug 25, 2005
Washington DC August 25, 2005; The AIADA newsletter reported that GM and Ford’s ability to borrow money at a reasonable cost worsened Wednesday as Moody’s became the latest in a line of credit rating agencies to move the two automakers to “junk” status as a result of continued operating losses i ... Continue reading
Bill Ford To Reveal Turn-around Plan
Aug 24, 2005
DETROIT August 23, 12005; Reuters reported that Ford Motor Co. will soon announce a new restructuring plan to return its key North American vehicle operations to profitability, Chairman and Chief Executive Bill Ford Jr. said on Tuesday. "I would say before fall gets too old," the family scion told reporters when asked ... Continue reading
K.C. Premiere of Mercury Mountaineer, Milan: One Bucks Trend, the Other Sets One
Aug 24, 2005
WHAT: The Kansas City debut of what Lincoln Mercury calls "The Safety & Style Tour" -- showcasing the 2006 Mountaineer and Milan production models, which won't be on sale until the Fall. Mountaineer bucks the trend in an SUV market fragmented by rising gas prices and the advent of car-based SUVs. For 2006, it is quiete ... Continue reading
Ford Motor Company opens a new automotive safety facility,
Aug 17, 2005
DEARBORN, Mich. , Aug. 16, 2005 – In this Ford Motor Company lab, there’s no such thing as a headache. Even after hitting “human” heads against several points within vehicle interiors as often as 15 times a day. It’s all done in the name of safety at Ford’s new automotive safety faci ... Continue reading
Consumer Report Says Quality Not Incentives Most Important For Auto Buyers
Aug 16, 2005
Incentives Are a Short-Term Fix for Automakers, Study Says DETROIT August 16, 2005; Dee-Ann Durbin writing for the AP reported that a new survey of U.S. vehicle owners released Tuesday indicates that while this summer's employee discounts may give automakers short-term sales gains, improving quality is more important i ... Continue reading
NHTSA Model Year 2005 Complete Rollover Ratings
Aug 2, 2005
Model Year 2005 Rollover Ratings NHTSA has released rollover ratings for model year 2005 vehicles. Comparative results can be viewed by class (SUVs, Pickups, Vans or Passenger Cars). The white bar in the Rollover Rating graphic represents the range of percentages for all vehicles tested in a given vehicle class (passen ... Continue reading
General Motors Corp. Drops Its Discount Plan, Ford to Cut Back on Incentives for 2006 Models
Aug 2, 2005
DETROIT August 1, 2005; Dee-Ann Durbin writing for the AP reported that General Motors Corp. dropped its popular employee-discount plan Monday in a signal that the era of big incentives could be ending. Ford Motor Co. said it will continue employee pricing for another month but also will try to cut back on incentives f ... Continue reading
Ford Continues "Family" Deal Through Labor Day
Aug 1, 2005
DEARBORN, Mich., August 1, 2005 - Ford, Lincoln and Mercury are announcing an extension of its highly successful "Ford Family Plan" employee discount pricing through Labor Day. Customers in the more than 4,000 Ford, Lincoln and Mercury showrooms across the U.S. will continue to be eligible to receive the Ford employee ... Continue reading
Ford Lowers MSRP of Most Ford, Lincoln, Mercury Models for 2006
Aug 1, 2005
DEARBORN, Mich., Aug. 1, 2005 - Ford Motor Company is bringing manufacturer suggested retail prices (MSRPs) for its 2006 Ford, Lincoln and Mercury products closer to the final transaction price to deliver better value and to simplify the purchase process for customers. Beginning this month, Ford Motor Company will intr ... Continue reading
Power Information Network Reports: Employee Discounts Creating Desired Results for Big Three
Jul 21, 2005
WESTLAKE VILLAGE, Calif.--July 21, 2005--Offering employee discounts to all consumers appears to be paying off for the Big Three in the form of increased sales and market share, according to actual retail transaction data from more than 6,200 automotive franchises compiled by the Power Information Network (PIN). Both F ... Continue reading
Jul 20, 2005
Creating Strong Relationships With Customers Helps Reduce Post-Warranty Defection to Independent Service Providers WESTLAKE VILLAGE, Calif., July 20 -- With a CSI score of 915 (on a 1,000-point scale), Lincoln ranks highest in customer satisfaction with dealer service, receiving a record-setting high CSI score for the ... Continue reading
Ford profit drops 19 pct, beats forecast
Jul 19, 2005
DETROIT July 19, 2005; Reuters said today that Ford Motor Co. reported 19 percent drop in second-quarter profit as it continued to lose vital U.S. market share, but earnings were substantially higher than analysts expected. The second-largest U.S. automaker, which has warned that its automotive operations may not be pr ... Continue reading
Latest IIHS Front and Side Crash Test Results
Jul 18, 2005
New kbb.com Study Shows Consumers Concerned About Current Hybrids
Jul 14, 2005
Although Optimistic About the Future, Vehicle Shoppers Worry About Today's Hybrid Vehicle Technology IRVINE, Calif., July 14 -- The latest study available today from Kelley Blue Book Marketing Research reveals that consumers have concerns when it comes to current gasoline-electric hybrid vehicles, but at the same time ... Continue reading
Edmunds.com Names Used Car Best Bets, Offers Consumers Advice for Buying a Used Car
Jul 12, 2005
SANTA MONICA, Calif., July 12 -- Edmunds.com, the premier online resource for automotive information, today announces its recommendations for the best used cars and trucks, and offers advice for used-car shopping. (Logo: http://www.newscom.com/cgi-bin/prnh/20031009/LATH011ALOGO ) "Used cars and trucks, even those that ... Continue reading
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