Ford Motor Co.’s president of the Americas, Mark Fields, on Tuesday said Ford would be dedicated to making its future vehicles “meet or beat the competition in fuel economy” in the face of $4-a-gallon gasoline, weak consumer confidence and plunging auto sales.
Fields noted that July auto sales have been no better than they were in June, when they plummeted 18% industrywide. The first half of the year was the worst sales level in the United States in 15 years, and Ford’s sales for the year are... Read Full Story
Hummer sale, truck cutback could hit Shreveport General Motors plant
General Motors’ plant in Shreveport faces a potential double whammy from Tuesday’s announcement that the auto giant will cut production of trucks and may sell its gas-guzzling Hummer brand.
GM also said it would lay off salaried workers, suspend its dividend and borrow up to $3 billion to weather a downturn in the U.S. market.
Specifics about the Shreveport plant were scarce Tuesday. The plant employs 1,946, including 190... Read Full Story
A slumping market for trucks has one Albuquerque dealership taking drastic steps and getting national attention because of it.
Zangara Dodge is cutting sticker prices on its Dodge Rams by 50 percent. Managers said in the last 90 days they’ve seen a 30 percent decline in sales on the Ram.
Managers also said the sale actually puts them at a loss. They lose about $10,000 on each truck, but said they need to move the ‘08 trucks out to bring in the ’09s.
“In the last 90 days we’ve experienced a 30... Read Full Story
Last fall, CMT (Country Music Television) introduced a six 6 show pilot called “Trick My Truck”. It is a new reality show featuring a deserving trucker and his 18-wheeler in each episode. The show is a theme similar to “pimpmyride” and “overhaulin”, where old vehicles are restored except the target vehicles are semi trucks. A crew of experts searches the truck stops of America looking for run-down trucks whose owners are in need of a break. With the secret help of family members, the owner... Read Full Story
As Ford rethinks the future of its rear-wheel drive platforms due out in 2013, upcoming plans for its top-selling F-150 truck are emerging, with latest talksindicating that two EcoBoost engines — including a four-cylinder option — will find their way under the truck’s hood, according to a report by Pickuptrucks.com.
Ford’s EcoBoost engines will start making their way across automaker’s lineup starting next year. The engines employ a high-pressure direct gasoline injection as well as an... Read Full Story
Every month it costs me a few more dollars to fill up my 2005 Colorado GMC truck with gas, Over the past 6 months I’ve been using some of the following ideas and been getting better gas mileage for my truck, anyone who takes advantage of these ideas should get better gas mileage for truck car or SUV, your results will depend on what on a number of thing like type of vehicle, how you drive and much more, but every extra mile per gallon is money in your pocket.
The following 9 ideas are just my... Read Full Story
High gas prices have led to a glut of SUV trade-ins and low sales on car lots, and that has dealers slashing prices.
The pain at the pump has drivers trading in their SUVs for smaller cars and hybrids. But for those that are in the market for an SUV, there are some steals and deals out there.
It’s all about gas savings. Chrysler is featuring a gas guarantee — they will lock in your gas at a certain price if you buy one of their vehicles. Other local dealerships are giving gas cards away.
But... Read Full Story
FORD Motor Credit unit is poised to end 2008 in the red - its first yearly loss in more than a decade - as US consumers shun large pick-up trucks and sport-utility vehicles.
The financing arm of Ford Motor has traditionally been a cash cow for the auto maker, buoying it during periods of weak auto sales. Now the auto lender, faced with falling asset quality and burgeoning provisions for credit losses, may have to tap its parent for help at a time when Ford Motor is reeling from a sales slump... Read Full Story
The Ford Motor Company is recalling 64,754 of its heavy duty 2008 F-250 and F-350 trucks because of a potential fire hazard.
Federal safety regulators at the National Highway Traffic Safety Administration (NHTSA) report that the trucks do not conform to Federal Motor Vehicle Safety Standard imposed to maintain “fuel system integrity” and prevent fuel spills.
NHTSA warned on its Web site that single-rear-wheel versions of the trucks with 4-wheel drive and the 156-inch wheel base, equipped with... Read Full Story
Private dump truck operators feuding with the provincial government over fees say they will demonstrate in Premier Shawn Graham’s home village of Rexton today.
Peter Turner, spokesman for the New Brunswick Dump Truck Association, also said yesterday that a much larger protest is planned for Fredericton next week.
“We want to get out as many people as we can,” he said of the Fredericton demonstration.
The association, which claims to represent 1,200 truckers, says that high fuel prices make it... Read Full Story
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