Remember the Schadenfreude when the Department of Justice shook down Daimler for $185 million for corruption allegedly perpetrated in U.S. jurisdictions such as Russia, China, Turkey, Egypt, Nigeria, Iraq, Turkmenistan, and a host of others? To add insult to  imbursements, Daimler even had to endure former FBI director and Lewinsky-sperm-on-blue-dress investigator Louis Freeh as anti-corruption compliance officer. In the bargain, the NYSE lost Daimler as a listing, because no NYSE listing, no more SEC probes. Everybody knows that these inducements are quite common in the industry. As evidenced by a massive raid involving around 100 police officers. They descended today on Ford’s German plants, on an unidentified company in Leverkusen and on the private homes of Ford employees. (Read More…)

The “News. Any way you want it” syndrome is no longer an exclusive of China. You can have it from Ford as well. Looking for Ford success? No problem! Looking for Ford market disasters? We can deliver! Would you like the good news or the bad news? (Read More…)

After being away from the quick-turnover self-service junkyards of Northern California (where Guangzhou-bound container ships full of crushed vehicles leave the Port of Oakland every day) for a few months, I decided to check out one of the biggest when visiting from Denver last week. I found a ’62 Comet, a ’65 Fairlane, and a ’72 Mustang huddled together in The Crusher’s waiting room. (Read More…)

With Dodge decidedly losing the torque-war in the heavy duty pickup truck segment, it’s up to Ford and GM to battle out the pickup truck war of the decade. In this corner we have the 2011 Ford F-250 Super Duty Diesel sporting the lightly retuned 6.7L turbo engine that is currently king of the pickup truck hill at 800ft-lbs. For 2011, Ford decided to drop the problematic 6.4L Navistar diesel engine in favor of an all-new, all-Ford 6.7L twin turbo V8 cranking out 400HP and an incredible 800lb-ft of torque. Connected to the ground via Ford’s 6R140 heavy-duty TorqShift six-speed automatic transmission, the amazing feat of engineering is not that the engine can make this much twist, but that the transmission can take it.

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It’s the policy of many automakers that you can’t get through the factory gate unless you drive something made by that company. If recent trends continue, GM’s largest stockholder will have to park outside and walk.

The U.S. government, now owning 33 percent after a pre-IPO 61 percent of GM, bought most of its cars from the competition. Bloomberg had to file a Freedom of Information request with the GSA until they handed over the data. This is what they received: (Read More…)

It may not be ready to take on the old Honda tagline, but our 1983 Ford Sierra Ghia is strengthening our ties with our car nutty friends from across the pond. While Capt. Mike’s UK connections are stronger, here’s the story of how our Sierra made it from the seller’s house to one of the Captain’s friend’s homes: a strong group of Nürburgring-fiends who claimed our lovable Air Force Yank as one of their own. But that’s for the next installment in this series because, as the Panther-intensive pictures show, I’m telling this portion of the story.

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Mazda has barely thrown off the shackles of Ford, but the Japanese already make their new freedom felt. In a way that won’t make Ford happy.

Mazda and their new largest shareholder Sumitomo will spend anywhere between $350m and $475m, and will open a plant in Mexico that will start making lots of little Mazdas as early as 2013. According to The Nikkei [sub], Mazda will build its bread & butter Mazda2 and Mazda3 models in Mexico. They will not be shipped north. The cars are destined for the Mexican, Brazilian, and other Central and South American markets. Mazda will initially make some 100,000 units there, later more. An engine plant is also in the cards.

This marks a series of firsts for Mazda. (Read More…)

Back when two major self-service junkyard chains were locked in throat-slicing competition for the Northern California market, Thanksgiving Day always featured the sacred Junkyard Half Price Day Sale. Alas, Pick Your Part has pulled up stakes— which means that Pick-N-Pull has spurious “15% off all door panels” sales instead of the real deal— but in honor of the memory of Half Price Day we bring you some junkyard goodness from Denver. (Read More…)

The Index of Effluency, given to the team that accomplishes the most with the most terrible “race car,” is considered the true top trophy in 24 Hours of LeMons racing. This time, the long-suffering Property Devaluation team finally piloted their oft-repaired Fairmont wagon to a glorious 22nd-place finish. (Read More…)

Xiang Dong “Mike” Yu, 49, of Beijing, pleaded guilty in federal court in Detroit to two counts of theft of trade secrets. He will be sentenced in February 23, 2011. He’s looking at anywhere between 5 and 6 years in the slammer. He will also have to pay a fine of $150,000. After serving his sentence, he will be deported from the United States. That’s a lenient sentence, only reached through a plea bargain.

In case you ever want to spy on your employer, here is what not to do: (Read More…)

Mazda is passing the hat around to collect the money to buy out most of Ford’s remaining share, and what looks like half of Japan is chipping in. As many as 10 firms will purchase the Mazda shares that are still held by Ford, says The Nikkei [sub]. Ford plans to cut its 11 percent stake in Mazda to a symbolic 3 percent. (Read More…)

By 2016, federal laws will mandate that the fleet fuel economy of light trucks and SUV’s will be 30 mpg. Which means manufacturers will need to get their thinking caps on if they are to meet this standard. If they don’t, they’ll have to re-think their position in a very profitable area of the market. Ford, which is synonymous with trucks, is planning a diet. (Read More…)

Recently, I wrote about how Tata is reaping huge profits thanks to the acquisition of the “toxic” JLR brands. It was a huge gamble to buy them, but it paid off. Literally. Well, it appears that Tata’s growing profits are going to benefit not only Tata, but ironically, Ford, as well. (Read More…)

The idea behind the big car bailout supposedly was to keep millions of jobs in, well, North America. Ford didn’t partake, and hence should be free of moral obligations. (Not that other companies on the government drip seem to be queasy about exporting jobs instead of cars.) Empowered by a clean conscience, Ford moves production to where it makes the most money. To India. (Read More…)

What’s that up in the sky? Is it a bird? Is it a plane? No, it’s the blue oval! Yes, everyone favorite car company is flying high. Fresh off the news that it made $1.7 billion between July and September and that they paid off some more of their big debts, people are talking big of Ford. “They’re in the best shape that they’ve been in for years,” said Shelly Lombard of Gimme Credit (I checked it out, they have their own website) via TMCnet.com. But Ford, through whatever reason, but I reckon it’s fiscal prudence, is staying cautious. (Read More…)