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	<title>Fordpedia.org &#187; automotive news</title>
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	<link>http://www.fordpedia.org</link>
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		<title>Ford Says Nay to Dealership Cuts</title>
		<link>http://www.fordpedia.org/2009/05/19/ford-says-nay-to-dealership-cuts/</link>
		<comments>http://www.fordpedia.org/2009/05/19/ford-says-nay-to-dealership-cuts/#comments</comments>
		<pubDate>Tue, 19 May 2009 17:25:52 +0000</pubDate>
		<dc:creator>cobragt</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[automotive news]]></category>
		<category><![CDATA[ford dealerships]]></category>
		<category><![CDATA[ford finances]]></category>
		<category><![CDATA[ford news]]></category>

		<guid isPermaLink="false">http://www.fordpedia.org/?p=419</guid>
		<description><![CDATA[From Detroit News: In what appears to be the continuing distinction of Ford as the healthiest of the US automakers, the company has announced it will not follow GM and Chrysler into conducting large-scale dealership closings. In fact, it may be because of those dealership closings by GM and Chrysler that Ford may benefit from [...]]]></description>
			<content:encoded><![CDATA[<p><img class="alignnone size-full wp-image-421" title="ford-gm-dealers" src="http://www.fordpedia.org/wp-content/uploads/2009/05/ford-gm-dealers.jpg" alt="ford-gm-dealers" width="550" height="357" /></p>
<p>From Detroit News: In what appears to be the continuing distinction of Ford as the healthiest of the US automakers, the company has announced it will not follow GM and Chrysler into conducting large-scale dealership closings.<span id="more-419"></span></p>
<p>In fact, it may be because of those dealership closings by GM and Chrysler that Ford may benefit from a less crowded field in the marketplace and help it on its path to recovery and profitability.</p>
<p>Ford has already cut its dealer network by about 700 since 2005, and doesn&#8217;t plan on cutting much more from its current number of 3,700 US dealers.</p>
<p>Last week, Chrysler, currently in bankruptcy, announced it would shed 789 dealers by next month. Reducing its dealer network by 25 percent. GM recently announced it would cut 1,100 dealers next year, as part of a plan to reduce its number of dealers by 40 percent to 3,600, less than the number Ford currently has.</p>
<p>Ford&#8217;s head of North American sales, James D. Farley, was critical of how GM and Chrysler have managed their dealership cuts in an interview with the New York Times (in a story that ran in the Detroit News too), saying that some of their customers could migrate to Ford dealers, especially in rural areas.</p>
<p>&#8220;It seems very abrupt and unplanned,&#8221; said Farley. &#8220;It really depends on how GM and Chrysler handle these orphan owners. If they don&#8217;t give them a lot of attention, it will result in consumers going to other brands.&#8221;</p>
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		<title>Ford&#8217;s Cause for Fiesta &#8211; Debt Reduced by $9.9b!</title>
		<link>http://www.fordpedia.org/2009/04/07/fords-cause-for-fiesta-debt-reduced-by-99b/</link>
		<comments>http://www.fordpedia.org/2009/04/07/fords-cause-for-fiesta-debt-reduced-by-99b/#comments</comments>
		<pubDate>Tue, 07 Apr 2009 14:53:42 +0000</pubDate>
		<dc:creator>cobragt</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[automotive crisis]]></category>
		<category><![CDATA[automotive news]]></category>
		<category><![CDATA[financial news]]></category>
		<category><![CDATA[ford debt]]></category>
		<category><![CDATA[ford news]]></category>

		<guid isPermaLink="false">http://www.fordpedia.org/?p=333</guid>
		<description><![CDATA[Ford has reduced their financial debt by $9.9 billion dollars already! Now, if only Chrysler and GM could follow in their footsteps. Ford announced that it had trimmed $9.9 billion from its debt mountain by “convincing” investors to exchange debt for cash and stock. What does this mean? Well, basically FoMoCo will use $2.4 billion [...]]]></description>
			<content:encoded><![CDATA[<p>Ford has reduced their financial debt by $9.9 billion dollars already!  Now, if only Chrysler and GM could follow in their footsteps.<span id="more-333"></span> <em>Ford announced that it had trimmed $9.9 billion from its debt mountain by “convincing” investors to exchange debt for cash and stock.</em> What does this mean? Well, basically FoMoCo will use $2.4 billion in cash and stock to buy back the debt. Ford agreed to pay investors about $380 in cash and stock for every $1,000 in bonds &#8211; or, according to Ford company officials, 38 cents on the dollar.</p>
<div id="attachment_335" class="wp-caption aligncenter" style="width: 343px"><img class="size-full wp-image-335" title="2700790379_ce7ef5bb03" src="http://www.fordpedia.org/wp-content/uploads/2009/04/2700790379_ce7ef5bb03.jpg" alt="$9.9b Sure buys lots of Hot Wheels" width="333" height="500" /><p class="wp-caption-text">$9.9b Sure buys lots of Hot Wheels</p></div>
<p>This is good news for Ford as well as their Fans! It&#8217;s time for a Fiesta &#8211; and speaking of which we know two people who will be happy that FoMoCo is heading in an upward swing. Our new friends Brad &amp; Emma want to share their love of <a href="http://www.fordpedia.org/2009/03/11/will-the-usa-see-a-new-ford-fiesta/">Ford&#8217;s Fiesta</a> more than we do! Check them out at <a href="http://www.followthefiesta.com/">www.followthefiesta.com</a>.</p>
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		<title>Ford&#8217;s Assurance Plan to Rival Hyundai?</title>
		<link>http://www.fordpedia.org/2009/04/01/fords-assurance-plan-rival-hyundai/</link>
		<comments>http://www.fordpedia.org/2009/04/01/fords-assurance-plan-rival-hyundai/#comments</comments>
		<pubDate>Wed, 01 Apr 2009 16:33:16 +0000</pubDate>
		<dc:creator>cobragt</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[automotive news]]></category>
		<category><![CDATA[bloomberg]]></category>
		<category><![CDATA[ford assurance plan]]></category>
		<category><![CDATA[ford news]]></category>
		<category><![CDATA[hyundai assurance plan]]></category>

		<guid isPermaLink="false">http://www.fordpedia.org/?p=316</guid>
		<description><![CDATA[Ford&#8217;s Assurance Plan to Rival Hyundai&#8217;s &#8211; or so they would like to think. Blooomberg has given us the inside scoop on Ford&#8217;s Dealer Buy-back plan, which &#8220;will cover payments for as long as 12 months on new vehicles for buyers who lose their jobs.&#8221; This may be a better business deal than Hyundai, which [...]]]></description>
			<content:encoded><![CDATA[<p>Ford&#8217;s Assurance Plan to Rival Hyundai&#8217;s &#8211; or so they would like to think.<span id="more-316"></span> Blooomberg has given us the inside scoop on Ford&#8217;s Dealer Buy-back plan, which &#8220;will cover payments for as long as 12 months on new vehicles for buyers who lose their jobs.&#8221; This may be a better business deal than Hyundai, which claims it will take your new car back, no questions asked. Read it all in the Bloomberg News report below.</p>
<p><img class="alignnone size-full wp-image-190" title="2009 Ford Flex" src="http://www.fordpedia.org/wp-content/uploads/2008/12/flex.jpg" alt="2009 Ford Flex" width="550" height="413" /></p>
<p><em>March 31 (Bloomberg) &#8212; Ford Motor Co., adjusting incentives as the U.S. recession deepens, said it will cover payments for as long as 12 months on new vehicles for buyers who lose their jobs.</p>
<p>The program will also offer no-interest financing through Ford Motor Credit Co., the Dearborn, Michigan-based automaker said today in a statement. The offers start today and run through June 1, covering Ford, Lincoln and Mercury autos.</p>
<p>“Consumers remain anxious about the economy and their own outlook for the future,” Ken Czubay, vice president of sales and marketing, said in the statement.</p>
<p>General Motors Corp. plans a similar program as both automakers struggle with a 39 percent decline in U.S. auto sales this year through February. GM will allow people who lose their jobs to return autos without penalty, people familiar with the matter said yesterday.</p>
<p>Hyundai Motor Co. started offering payment-protection incentives in January.</p>
<p>Ford also said it will work through its dealers to provide support to local charities because of the recession, with details to be announced in April.</em></p>
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		<title>Ford Doesn&#8217;t Need Your Loonies</title>
		<link>http://www.fordpedia.org/2008/12/22/ford-doesnt-need-your-loonies/</link>
		<comments>http://www.fordpedia.org/2008/12/22/ford-doesnt-need-your-loonies/#comments</comments>
		<pubDate>Mon, 22 Dec 2008 18:19:54 +0000</pubDate>
		<dc:creator>cobragt</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[automotive news]]></category>
		<category><![CDATA[canadian auto bailout]]></category>
		<category><![CDATA[ford bailout]]></category>
		<category><![CDATA[ford news]]></category>
		<category><![CDATA[loonies]]></category>

		<guid isPermaLink="false">http://www.fordpedia.org/2008/12/22/ford-doesnt-need-your-loonies/</guid>
		<description><![CDATA[Along with the $17.4 Billion Dollar bailout approved (finally) by the United States, Canadian officials are going to donate approximately $4 Billion to both General Motors and Chrysler LLC. As for Ford? Apparently they don&#8217;t want any of Canada&#8217;s funny coloured money. According to World Car Fans and The Financial Times: &#8220;Canada&#8217;s bailout has a [...]]]></description>
			<content:encoded><![CDATA[<p>Along with the $17.4 Billion Dollar bailout approved (finally) by the United States, Canadian officials are going to donate approximately $4 Billion to both General Motors and Chrysler LLC. As for Ford?<span id="more-192"></span> Apparently they don&#8217;t want any of Canada&#8217;s funny coloured money.</p>
<p><img src="http://www.fordpedia.org/wp-content/uploads/2008/12/fordcanada.jpg" alt="ford turns down canadian bailout" /></p>
<p>According to World Car Fans and The Financial Times: &#8220;Canada&#8217;s bailout has a similar term sheet as the White House&#8217;s US$17.4 billion bailout granted by US President Bush last week. Ottawa gets the option to take non-voting stock in the two automakers worth roughly 20 percent of the loans.  The loans are secured by a lien on many Canadian assets. Canada is also capable of blocking any deal valued over C$125 million, and has also demanded weekly updates on liquidity and profit. The companies also have to provide continuously updated financial projections once every ten days.&#8221;</p>
<p>Ford is the least in need of financial help out of &#8220;the Big Three&#8221; &#8211; and have turned down offers from both the US and Canada. They are depending on loans from technology and alternative energy firms to help advance their new wave of energy conscious vehicles. Let&#8217;s hope it works out for the blue oval &#8211; because unless Mexico wants to offer up some cash North America is pretty much tapped out.</p>
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		<title>Ford Gets Car &amp; Truck of the Year Nod</title>
		<link>http://www.fordpedia.org/2008/12/19/ford-gets-car-truck-of-the-year-nod/</link>
		<comments>http://www.fordpedia.org/2008/12/19/ford-gets-car-truck-of-the-year-nod/#comments</comments>
		<pubDate>Fri, 19 Dec 2008 15:27:03 +0000</pubDate>
		<dc:creator>cobragt</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[automotive news]]></category>
		<category><![CDATA[car of the year]]></category>
		<category><![CDATA[ford f-150]]></category>
		<category><![CDATA[ford flex]]></category>
		<category><![CDATA[ford news]]></category>

		<guid isPermaLink="false">http://www.fordpedia.org/2008/12/19/ford-gets-car-truck-of-the-year-nod/</guid>
		<description><![CDATA[Ford may be part of the Big Three American auto makers suffering from horrid financial times and a struggling economy, but that won&#8217;t stop them from being entered as finalists for North American Car &#38; Truck of the year awards. Ford&#8217;s 2009 Flex crossover made it into the Car of the Year category, sharing space [...]]]></description>
			<content:encoded><![CDATA[<p>Ford may be part of the Big Three American auto makers suffering from horrid financial times and a struggling economy, but that won&#8217;t stop them from being entered as finalists for North American Car &amp; Truck of the year awards.<span id="more-189"></span></p>
<p><img src="http://www.fordpedia.org/wp-content/uploads/2008/12/flex.jpg" alt="2009 Ford Flex" /></p>
<p><img src="http://www.fordpedia.org/wp-content/uploads/2008/12/f150.jpg" alt="Ford F-150" /></p>
<p>Ford&#8217;s 2009 Flex crossover made it into the Car of the Year category, sharing space with VW Jetta and Hyundai&#8217;s $40,000 Genesis. As for the trucks &#8211; 2009&#8242;s Ford F-150, one of the best selling vehicles in that class for 2008, is fighting against Mercedes ML320 and the Dodge Ram. Good luck Ford &#8211; could be nice to see your name in auto news headlines without the word &#8220;bailout&#8221; next to it.</p>
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		<title>Will Hybrid-Electric Save Ford?</title>
		<link>http://www.fordpedia.org/2008/12/03/will-hybrid-electric-save-ford/</link>
		<comments>http://www.fordpedia.org/2008/12/03/will-hybrid-electric-save-ford/#comments</comments>
		<pubDate>Wed, 03 Dec 2008 17:40:37 +0000</pubDate>
		<dc:creator>cobragt</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[automotive news]]></category>
		<category><![CDATA[ford bailout]]></category>
		<category><![CDATA[ford hevt]]></category>
		<category><![CDATA[ford hybrid]]></category>
		<category><![CDATA[green technology]]></category>

		<guid isPermaLink="false">http://www.fordpedia.org/2008/12/03/will-hybrid-electric-save-ford/</guid>
		<description><![CDATA[Ford has a plan to use several billion dollars from the US Government in order to reconstruct their suffering auto company. Two major issues are in their agenda to have Ford back in the money making game &#8211; one way is to take over as head of public transit with an entire new fleet of [...]]]></description>
			<content:encoded><![CDATA[<p>Ford has a plan to use several billion dollars from the US Government in order to reconstruct their suffering auto company.<span id="more-177"></span> Two major issues are in their agenda to have Ford back in the money making game &#8211; one way is to take over as head of public transit with an entire new fleet of limo and taxi vehicles. Where is the other major portion of their rebuilding cash coming from? Hybrid-electric technology.</p>
<p><img src="http://www.fordpedia.org/wp-content/uploads/2008/12/fordhevt.jpg" alt="Ford HEVT" /></p>
<p>Ford is asking green technology industries and investors to loan them $14 Billion dollars to further their HEVT (Hybrid Electric Vehicle Technology) research and development. Ford is shooting for &#8220;a 36% improvement on 2005 efficiency figures by 2015.&#8221; &#8211; Not an easy figure to pull off, but desperate times&#8230; Ford hopes to have their profits back up in 2011, and to begin repaying their loans by 2012.</p>
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		<title>Finally! 2010 Ford Mustang GT Pictures and Video Released</title>
		<link>http://www.fordpedia.org/2008/11/18/finally-2010-ford-mustang-gt-pictures-and-video-released/</link>
		<comments>http://www.fordpedia.org/2008/11/18/finally-2010-ford-mustang-gt-pictures-and-video-released/#comments</comments>
		<pubDate>Tue, 18 Nov 2008 17:21:16 +0000</pubDate>
		<dc:creator>cobragt</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[2010 ford mustang gt]]></category>
		<category><![CDATA[2010 mustang gt]]></category>
		<category><![CDATA[2010 mustang gt pictures]]></category>
		<category><![CDATA[2010 mustang gt video]]></category>
		<category><![CDATA[automotive news]]></category>
		<category><![CDATA[Features]]></category>
		<category><![CDATA[ford news]]></category>
		<category><![CDATA[mighty horse]]></category>

		<guid isPermaLink="false">http://www.fordpedia.org/2008/11/18/finally-2010-ford-mustang-gt-pictures-and-video-released/</guid>
		<description><![CDATA[It felt like an eternity &#8211; all those teaser shots of the 2010 Mustang GT, all the speculation, awaiting for Ford&#8217;s official unveiling at the Los Angeles Auto Show. And now, what we&#8217;ve all been waiting for &#8211; Ford presents the 2010 Mustang GT, pricing and extra features may vary. Will this mighty horse be [...]]]></description>
			<content:encoded><![CDATA[<p>It felt like an eternity &#8211; all those <a href="http://www.fordpedia.org/2008/10/16/build-your-own-2010-mustang-with-fords-teaser-shots/">teaser shots of the 2010 Mustang GT</a>, all the speculation, awaiting for Ford&#8217;s official unveiling at the Los Angeles Auto Show.<span id="more-167"></span> And now, what we&#8217;ve all been waiting for &#8211; Ford presents the 2010 Mustang GT, <a href="http://www.fordpedia.org/2008/11/17/how-much-is-that-2010-ford-mustang-gt-in-the-window/">pricing and extra features may vary</a>. Will this mighty horse be enough to save a struggling Ford Motor Company?</p>
<p><object type="application/x-shockwave-flash" data="http://www.youtube.com/v/nCF7QcARzKk" class="center" style="border: medium none ; margin: 0pt; padding: 0pt; width: 425px; height: 344px" id="video"></object></p>
<p><img src="http://www.fordpedia.org/wp-content/uploads/2008/11/thumb-2010mustanggt-sml.jpg" alt="2010 Ford Mustang GT" /></p>
<p><img src="http://www.fordpedia.org/wp-content/uploads/2008/11/thumb800x800_3039242197_7a43c054f0_o.jpg" alt="2010 Ford Mustang GT" /></p>
<p><img src="http://www.fordpedia.org/wp-content/uploads/2008/11/thumb800x800_3039244119_e5877f0cdf_o.jpg" alt="2010 Ford Mustang GT" /></p>
<p><img src="http://www.fordpedia.org/wp-content/uploads/2008/11/thumb800x800_3039245627_fee855571c_o.jpg" alt="2010 Ford Mustang GT pictures" /></p>
<p><img src="http://www.fordpedia.org/wp-content/uploads/2008/11/thumb800x800_3040080870_efebe47e36_o.jpg" alt="2010 Ford Mustang GT" /></p>
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		<title>What if Ford Cars were Starbucks Items?</title>
		<link>http://www.fordpedia.org/2008/11/03/what-if-ford-cars-were-starbucks-items/</link>
		<comments>http://www.fordpedia.org/2008/11/03/what-if-ford-cars-were-starbucks-items/#comments</comments>
		<pubDate>Mon, 03 Nov 2008 20:03:31 +0000</pubDate>
		<dc:creator>cobragt</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[2009 Ford F-150]]></category>
		<category><![CDATA[2009 ford fiesta]]></category>
		<category><![CDATA[2009 ford fusion sport]]></category>
		<category><![CDATA[automotive news]]></category>
		<category><![CDATA[Features]]></category>
		<category><![CDATA[ford taurus x]]></category>
		<category><![CDATA[starbucks menu]]></category>

		<guid isPermaLink="false">http://www.fordpedia.org/2008/11/03/what-if-ford-cars-were-starbucks-items/</guid>
		<description><![CDATA[Even with gas prices coming down at a record pace, Ford has announced they will stick to a plan of producing small, fuel efficient cars. But don&#8217;t worry truck fans, your F-150 will still be coming from the blue oval. Ford also plans on updating their Fusion into a sports sedan. So there are your [...]]]></description>
			<content:encoded><![CDATA[<p>Even with gas prices coming down at a record pace, Ford has announced they will stick to a plan of producing small, fuel efficient cars. But don&#8217;t worry truck fans, your F-150 will still be coming from the blue oval.<span id="more-154"></span> Ford also plans on updating their Fusion into a sports sedan. So there are your choices, small, medium and large&#8230;or Tall, Grande and Venti</p>
<p>Ford Fiesta &#8211; A Return to the US of A</p>
<p><img src="http://www.fordpedia.org/wp-content/uploads/2008/11/2009_ford_fiesta_s.jpg" alt="2009 ford fiesta" /></p>
<p>The Fiesta is a classic small vehicle from the Ford Motor Company, which may be coming back to the United States (and dealer lots near you) by 2010. Much like a tall drink of caramel Tazo tea (or the seasonal Pumpkin Spice) Fiesta packs a whole lotta punch in a tiny package.</p>
<p>Ford Fusion Sport &#8211; Coming in 2010</p>
<p><img src="http://www.fordpedia.org/wp-content/uploads/2008/11/ford_fusion_sport.jpg" alt="2009 Ford Fusion Sport" /></p>
<p>Ford will also produce a sports sedan version of their still up and coming Fusion, which looks more like the Taurus, which has been made into a crossover, Taurus X. Fusion, like a Grande, will be one of the more common Fords out on the streets in years to come. It&#8217;s affordable, with a good amount of punch under the hood, without making you run to the toilet&#8230;wait, we got our metaphors confused. Regardless, with an approx. 25-30 mpg highway and room for five, the Fusion Sport will probably be the new standard (along with Focus) in Ford&#8217;s line up.</p>
<p>Ford F-150 &#8211; The Giant that won&#8217;t Die</p>
<p><img src="http://www.fordpedia.org/wp-content/uploads/2008/11/ford-f-150-2009.jpg" alt="2009 Ford F-150" /></p>
<p>You are still seeing them, Ford F-150 commercials during weekend football games, and F-150&#8242;s on the streets, driven by people who aren&#8217;t construction workers or laborers. And like a Venti drink form Starbucks, fewer people will order them, because it&#8217;s just too much to handle in one morning. You end up throwing half of it out before it&#8217;s finished, and you probably overpaid for it.</p>
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