Ford CEO Alan Mulally says the company is moving away from profit reliance on light trucks toward fuel-efficient cars that meet government fuel-efficiency standards. Union concessions and debt restructuring will allow these vehicles to be built in the US. Ford's excellent quality will allow competing directly with Japanese makes.
Background Significant Points GM sales down 53% in Feb to 126,170 cars, light trucks For Ford, Feb sales fell 48% to 99,050 units Chrysler did slightly better thanks to incentives: sales were down 44% to 84,050 units Honda off 38% and Nissan off 37%, at 71,575 units and 54,249 units, respectively Steep fall worries automakers […]
Consumer Reports identifies the most reliable used cars in advance of its 2009 Annual Auto Issue, valuable information for consumers as more of them move into used-car purchases. Top picks of new cars for 2009 are also named.
The controversial EOBR (electric on-board recorder) mandate to electronically measure driver compliance with DOT work-rule requirements is on hold while the Obama administration decides whether to implement a limited EOBR requirement that the Bush administration promulgated, or possibly to expand its use. In the meantime, private fleet operators who installed EOBR say they have seen improvements in safety, speeding rates, and average route times, as well as reduced fuel use.