Yesterday, we greeted news that Detroit had reached wage parity with transplants by noting that it hardly makes the UAW look great in the eyes of its membership. Sure enough, UAW boss-in-waiting Bob King is firing back in today’s Detroit Free Press,  arguing that a return to a 16m unit market would yield “astronomical” profits to GM and Chrysler. As a result, he said,

There was equality of sacrifice, there’s got to be equality of gain. It’s our responsibility to make sure that in that turnaround, our members are treated fairly

Ford’s first hybrid models for European customers will be built in Valencia Spain. Valencia was the logical choice.

Valencia had been picked in 2009 as the European single source for all versions of the “compact multi-activity model” Ford C-MAX and Grand C-MAX . Powered by EcoBoost gasoline and Duratorq TDCi diesel engines, they will launch later this year. A gasoline-powered seven-seat version of the C-MAX model for North America will go into production in Valencia in late 2011. (Read More…)

Give up? The answer is that they’re giving South Korea a headache. OK, let’s go back a bit. The Korea Times reports that something funny is happening to the South Korean car market. Effectively, for years, the South Korean car market used to be closed off to foreign competition, thus, keeping domestic production and sales high. The market for foreign was only for the exclusively rich who didn’t mind paying the tariffs. But now, even the proletariat is getting in on the act. In spite of a global slump in the market, the Korea Automobile Importers and Distributors Association (KAIDA) reports that foreign imports rose, month on month, by 51.1 percent, to 7,208 units in April.  Still a drop in the water: Korea makes 3.5m cars in a good year, of which 2.5m are exported. But it’s a start. (Read More…)

Showing how really big and important the new Fiat Uno is in the burgeoning Brazilian market, car makers responded with a massive wave of re-releases. Ford jumped into the fire and unveiled their new old Fiesta. Ford joins VW, which unveiled the new old Gol G4 Ecomotion. GM launched the new old Chevy Classic, and Renault released the new old Logan. All trying to take the spotlight and press away from the new Uno, the only real new car. Talk about stage envy! (Read More…)

France’s PSA wants a bigger slice of the growing Chinese pie. They agreed to set up a joint venture with government-owned Changan. Peugeot already has a joint venture with Changan’s rival Dongfeng, while Changan has a joint venture with Ford. Nevertheless, the new JV will “not compete directly with other partnerships,” the companies said in a statement published by Bloomberg. (Read More…)

You can spell favorite both ways – the American way, with a single ‘o’ – and the British way, with a ‘u’ following suit. The Ford Fusion and Ford Mondeo are not unlike this fascinating grammatical phenomenon: they both come from the same manufacturer, and they both answer the equally strong demand for misize cars on both sides of the ocean – but they both differ in execution. Right?

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As TTAC readers well know: There is a huge E85 flex-fuel loophole in the new federal fuel economy CAFE standards. Ford will drive right through that barn door-sized hole.

By the end of this year, Ford wants to deliver 370,000 flex fuel vehicles, a number which they can trade against fuel oinkers. Let’s review:  A flex-fuel vehicle is one that is capable of running on E-85. But it doesn’t have to. It can also run on straight gas. Or on any mixture of the two fuels. As long as it’s E85 capable, it counts at least for a Peppermint White Chocolate Mocha at the DC CAFE. (Read More…)

China’s  is without a shadow of a doubt one of the most exciting markets in the world (Especially for Bertel, it keeps him in Lederhosen and Japanese bar trips). Many companies are throwing their efforts into the Middle Kingdom. Buick is, to all intents and purposes, a China-only brand. Volkswagen declared China to be “Volkswagen’s second home” and Ford’s sales are rocketing there. However, while all eyes are on the fastest growing economy in the world, something fundamental in happening just across the border. (Read More…)

Read through a few reviews of the Ford Fusion, and you’ll notice that few are able to avoid reference to the midsized sedan’s polarizing chrome grille. Though different reviewers compare the gaudy grille to different brand-name razors, the consensus seems to be that it’s more than a little over the top. Certainly no other car in the Camccord class lays on the plastichrome quite so thick, and it’s hardly the only Ford with class-leading amounts of cheesy bling. And honestly, until I saw the recent Ford ad shown above, I had no idea the Fusion could even be purchased with a body-color grille. The Blue Oval’s marketing forces are only just beginning to feature Fusions with the subtler grille in its advertising, and the difference is instantly noticeable. And with a little research, you’ll find that, having earned a special spot in the Pantheon of Detroit chrome abuse, Ford appears to be moving towards offering chrome-free fascias on more of its vehicles.

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The Ford Motor Company released its first quarter earnings today [Full report here, Slide presentation here (both PDF)], revealing that it gained over $2b in net profit on rising revenue and improved operating margins. Sales receipts rose to over $28b, and with each of Ford’s regional units posted operating profits, Ford’s gross automotive cash rose by $400m to $25.3b (although operating cash flow was $100m in the red). North American operations earned $1.2b in pre-tax operating profit, South America earned $203m, Europe recorded $107m and Asia-Pacific-Africa brought in $23m. Ford Credit racked up $828 in pre-tax profits, as lower depreciation levels improved results. Despite these fine results, Ford finished the quarter with $34.3b in automotive debt, a $700m increase from the beginning of the year. Ford paid $492m in interest on that debt in the first quarter.
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Everybody knows a “Mr. Euro”. Hell, you may even be “Mr. Euro” to your friends. Mr. Euro is the guy who, for some reason, wants the cars he cannot have in the United States. He’s the guy who says he would drive a 520i “in a heartbeat” given the chance, the dude who thinks we’re missing out because the Renault Twingo stays on the froggy side of the pond, the fellow who desperately wants a Vauxhall Zafira for child-lugging purposes. I still fondly remember the conversation I had with a similar fellow, whom I shall call “Mr. JDM”, around 2004 or so:

“I would buy a Japanese Skyline sedan in a heartbeat, if only they would bring them here, and I’m not worried about the money.”

“Good news. They did. It’s called the Infiniti G35. Allow me to drive you to the dealership so you may make your cost-no-object dream a twenty-nine-thousand-dollar reality.” Alas, the grass is never so green when it’s cut into sod and shipped to our lawns, and perhaps that’s why so many Mr. Euros find themselves conspicuously absent from the lists of Saturn Astra or VW Rabbit owners. It’s also possible that the loudest voices on the Internet buy the fewest cars, which would also explain why the current Ford Focus has been such a roaring success despite the heretical nature of its US-only design and execution.

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Should your travels bring you to Wolfsburg in the near future, do yourself a favor, don’t mention “Cologne.”  Don’t say anything about “Köln.” For goodness gracious, don’t mention Ford. Even colloquialisms such as “ich mach mich fort” (“I’m outta here”) should be avoided. Any of the above would get you an icy stare at a minimum. Or a uniformed Werkschutz escort to the factory gate at Wache Sandkamp.  The boys in Wolfsburg carry a deep grudge against Ford. Ford beat Volkswagen at Golf. (Read More…)

Since GM has only recently come out with GAAP-approved financials, determining the company’s value isn’t easy. Still, The Detroit Free Press‘s Tom Walsh reckons The General is worth more than Ford, despite the fact that GM recently fell out of the Fortune 500’s top ten (and below Ford) for the first time in its 100+ years of history. What gives?

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No, the boys of the blue oval didn’t win any new J.D. Power kudos (yet.)

But the relatively obscure RDA Group of Bloomfield Hills, Mich. says Ford has the highest customer satisfaction among all major automakers. This according to Ford’s latest press release. Eighty-four percent of customers who purchased a 2010 model-year Ford, Lincoln and Mercury cars and trucks are satisfied with the quality of their vehicle, says the study. (Read More…)

Welcome to Havana, Oregon. Back in the eighties, living in tony Los Gatos, I used to gaze longingly at photos of old American cars and trucks still hard at work in Cuba. But within days of moving to Eugene in 1993, I came across this very truck, hauling its daily cargo of recycled cardboard. And it planted a seed in me, to document the old vehicles still earning their keep, which finally came to fruition with Curbside Classics. Although we’ve strayed from the strict interpretation of that mission a few times along the way, no other vehicle more perfectly embodies the original ethos than this 1956 F-350. (Read More…)