Ford Motor Company is rolling out a new ad campaign in the U.S., which was first shown to 3,000 of its dealers at a meeting in Las Vegas. The meeting also included views of a upcoming products and a look at the company's restructuring plan. Dubbed 'Built Ford Proud' the new ad campaign is effectively a spin on the legendary… Read More...
Photos courtesy Kevin McCauley / Texas Auto Writers Association Record-setting rain couldn’t wash out the Texas Auto Writers Association’s most important event of 2018. Journalists braved freezing rain to evaluate this year’s newest vehicles, with Ram, Alfa Romeo and Maserati capturing top honors. Pastures quickly flooded into mud pits at the ranch serving as a remote test site, necessitating an… Read More...
Ford Motor Company Executive Chairman Bill Ford has cancelled a planned, multi-stop trip to the Middle East. The trip included a stop in Saudi Arabia for the upcoming Future Investment Initiative. Ford's cancellation joins a growing list of participants cancelling their visit over the recent disappearance of Saudi journalist Jamal Khashoggi. Thus far Ford has not offered an official reason for the… Read More...
General Motors has hired a former high-ranking U.S. Army officer to run its new defense division. The automaker announced Major General John Charlton as the president of GM Defense, LLC. GM Defense was announced several months ago as a means for the automaker to get back into the lucrative defense contracting sector. GM sold its previous defense division to General Dynamics… Read More...
Humvee manufacturer AM General has put itself up for sale. The company has retained investment bank Macquarie Group Ltd to identify potential bidders, potentially valuing the owner of the Hummer brand at about $2 billion. Reuters reports AM General already has several interested parties. Potential bidders include competing manufacturers of military vehicles, such as General Dynamics, Oshkosh and BAE Systems. Another source suggests that… Read More...
General Motors has announced it and its Cruise subsidiary are joining forces with Honda Motor Company with regards to the development of autonomous vehicles. The partnership is being launched with a $750 million investment into Cruise by Honda. Honda will work jointly with Cruise and General Motors to fund and develop a purpose-built autonomous vehicle for Cruise that can serve… Read More...
Ford Motor Company has confirmed one of its employees was found dead inside a bathroom at its Sterling Axle Plant. The cause of death is unknown. The 24 year old male was found overnight at the plant just outside of Detroit, according to Automotive News. Authorities were called as soon as coworkers found the man, who pronounced him dead on the… Read More...
Being the best-selling vehicle in the United States has many perks, except when it comes to recalls. Ford Motor Company has announced it will recall around two million F-150's built for the 2015 to 2018 model years. Ford says the impacted units may be equipped with front seat belt pre-tensioners which can generate “excessive sparks” when activated. The sparks can react… Read More...
Moody's Investment Service has downgraded Ford Motor Company's credit rating to just above junk status. The move comes six years after the automaker managed a return to investment grade credit ratings from the major credit rating agencies. Moody's formally announced it was downgrading Ford's credit from Baa3 to Baa2 earlier this week. The move comes as little surprise as the… Read More...
After another year, and a bit of a delay, we once again bring you a complete list of the best selling vehicles in the world. 2017 was another great year for the overall industry and for many of your favorite models. Once again, like clockwork, the global, eleventh-generation of the Toyota Corolla was the best selling vehicle. This is a… Read More...
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