Why the endless questions and arguments about the origins of the Chrysler minivans? It’s the old story: “success has a thousand fathers”. You don’t see designers and execs fighting about the paternity of the Aztek. We stepped on some toes regarding the origins of the Espace, and heard from its father. And we took a wild (and disputed) stab at finding the maternal lineage of European minivans, but the American minivan paternity wars go on. Its origins clearly go back to the early seventies, when both Chrysler and Ford developers claim to have been working on “garageable vans”. Meanwhile, the commonly held story is that Hal Sperlich and Lee Iaccocca’s Minimax concept was spurned by Henry Ford II, and they took it with them to bring to fruition at Chrysler. And as usual, its not quite as simple as that.  (Read More…)

Reuters reports that Ford and Microsoft are deepening ties that began with the Sync hands-free system, announcing a new online app aimed at plug-in vehicle owners. “Hohm,” as the new app is called, will be made available for free to owners of Ford electric vehicles, and will “help vehicle and home owners decide when to power up electric vehicle batteries, in the hope that consumers will draw power from the grid at night, when energy use and costs are lower” according to Microsoft CEO Steve Ballmer. Which leaves only one problem: the fact that Ford doesn’t sell any electric vehicles. An EV version of the Transit Connect commercial van will be made available later this year, one of five EVs Ford says it will sell by 2013. But how much will EV recharging be about planning the most efficient time to maximize grid downtime? Won’t people who use their EV every day simply plug in when they get home and unplug when they head to work in the morning? Does there really need to be an app for this? Oh right, as a society we’ve stopped asking that particular question. Very well, carry on.

Powered By Ford. There’s something special about those words, something iconic, something that evokes a grand American scope, from the first cross-country trips in a Model T to a majestic GT40 hammering down the rain-soaked Mulsanne straight. Powered by Ford. It’s the logo stamped into the cam covers of the five-liter Mustang, but you won’t need to raise the hood to understand what it means. The first time this majestic engine swallows through its thirty-two adjustably timed valves and bellows a crescendo through its twin exhaust, it will be more than crystal clear.

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There is a new Japanese bride on the Match.com equivalent of the international auto business. It’s Mazda. Despite pronouncements that Mazda’s “strategic alliance with Ford will remain unshaken” (as uttered at a Monday press conference by Mazda Executive VP Masaharu Yamaki,) everybody who knows the business knows: The bloom is off the rose between Mazda and Ford. What’s more, Mazda is on the prowl to do some nampa with another potent partner. Who will it be? (Read More…)

“Hey there!”

“Excuse me?”

“Ain’t that one of them Ay-cord koops?”

“Why, yes it is. Aren’t you sporting the hairstyle commonly referred to as a ‘mullet’?”

“I sure am! Good enough for Brian Bosworth, it’s good enough for me. Is that Ay-cord fast?”

“It has 271 horsepower.”

“Well, shucks! Mah Mustang here done got Three. Oh. Five. Guess it’s faster, cause I don’t think it weighs more than a touch ahead of what you got.”

“Well, the Accord is also rated for twenty-eight miles per gallon on the highway. Much better than that Mustang. It’s important to conserve the planet’s resources.”

“Aw, hell. Guess you’re right. I mean, I’m only GITTIN’ THIRTY-ONE! YEE HAA!” And we close with the sound of a Flat Rock-fashioned burnout. End scene.

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The UAW’s VEBA health care trust fund currently owns 17.5 percent of GM and 55 percent of Chrysler, but with IPO plans still nebulous at both, the fund is short on options for improving cash flow. Remember, the union doesn’t want to own these companies… it would have preferred cash, thanks. But since bailout negotiations allowed the automakers to fund their VEBA obligations with stock and warrants, VEBA has little choice but to monetize them. And while GM and Chrysler limp towards an eventual IPO, VEBA’s 362.4m Ford stock warrants are actually doing pretty well relative to their $9.20 exercise price. So it’s no huge surprise to hear [via Automotive News [sub]] that VEBA is planning on dumping its entire allotment of Ford warrants, in a move that could be worth “at least” $1.27b. And it’s no coincidence that this news comes on the same day that Ford is announcing a $3b debt prepayment, and the day after its sold Volvo to Geely for $1.8b.

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Here’s some encouragement for the folks freaking out about BMW’s front wheel drive heresy. Ford has found a way to make 345 horsepower work in an FWD chassis, shattering the conventional wisdom that 250 hp marks the reasonable limit for front-drive performance. Well, at least until the 500 lucky owners of this limited-edition mega-hatch start adding up their tire bills in a few years. According to Ford, the RS500 should be looking at a 5.6 second 0-60 time and a top speed of 163 mph. And no, you can’t order one at your Ford dealer in the US.

Ford already sells a Ford Fusion Hybrid and a Mercury Milan Hybrid, but according to the Detroit News, a Lincoln MKZ Hybrid is en route as well, giving Ford a hybrid model for each of its three brands. Too bad they’re all the same model. As Jim Hall of 2953 Analytics points out: (Read More…)

Some people think that Geely’s acquisition of Ford’s Volvo is driven by the desire for sorely needed know-how for China’s auto industry. Who thinks that way is “totally underestimating” the technological advances made by businesses in the Far East. This comes from none less than GM’s Nick Reilly. If anyone understands the true capabilities of the Chinese Auto industry, then it’s Reilly. He’s been there, in charge of a big part of China’s auto industry. He knows: Geely’s Volvo purchase can mean the great leap forward for Chinese car exports. (Read More…)

As predicted by TTAC, the sale of Volvo from Ford to China’s Geely will be signed this Sunday. A Volvo spokesman confirmed this today to Reuters. Details of the deal will be announced at a news conference in the Swedish city of Gothenburg. (Read More…)

If you think Volvo will stay chaste and out of the grips of the Chinese, abandon all hope. The Chinese are coming to take away your Svenska flikka away for good. Chinese Vice-President Xi Jinping is on his tour of Europe. This weekend, he will arrive in Sweden. (Read More…)

Motor Trend reports that Cadillac’s long search for a flagship is over. After debating a number of options, including importing a stretched Chinese-market STS, GM has decided that the “Super Epsilon”-based XTS will be the future range-topper for its luxury brand. The XTS was developed on a stretched version of the platform that underpins GM sedans including the Buick LaCrosse, Chevy Malibu and the forthcoming Buick Regal, and was shown in concept form as the XTS Platinum concept at the Detroit Auto Show. That concept was shown with a theoretical plug-in drivetrain made up of Cadillac’s 3.6 liter DI V6 and the plug-in components from the canceled Vue plug-in, and according to MT, the recent cancellation of the Converj plug-in means “there’s profit and green image to be had in the plug-in XTS.” Until that technology is production-ready, choosing the XTS’s engine options will be an interesting challenge.

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China’s vice-president Xi Jinping (above) is packing his bags for a state visit to Sweden, where he and his entourage will arrive this Saturday. He doesn’t go there to watch pretty blondes. (He doesn’t fancy blondes, see picture below.) Xi Jinping wants to come back to Beijing with a Swedish souvenir: A signed contract between Ford and Geely that will seal the sale of Volvo. (Read More…)

What are the odds of still being married to your first sweetheart from high school? And of still owning your other first sweetheart, the car you bought for $15 about the same time you met her? And what are the odds of me running into him as he was sitting in his 1950 Ford across the street from South Eugene High School, gazing at the very building where the three of them bonded in 1964? (he was waiting for his grandson). Well, luck may have something to do with the last one, but I give this man credit for having a big and unwavering heart and good judgment. But there’s got to be more. Well, I uncovered his secret. (Read More…)

The Detroit Free Press reports that Ford’s Alan Mulally made $12.8m last year, nearly double the $7.53m he made in 2008. Despite a considerable increase in Mulally’s overall compensation, his cash salary actually declined to $1.4m, from about $2m in 2008. In addition to the $12.85m he made in salary, bonuses and other compensation, Mulally banked a further $5.05m in stock options. Chairman Bill Ford Jr. continues to work without compensation, although he continues to accrue stock options worth $16.8m. Those options can not be exercised until the firm’s auto operations are profitable. And while Ford’s 2009 profits justify big executive payouts, federal pay czar Ken Feinberg has cut back on executive compensation at bailed-out automakers GM and Chrysler.

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