Category Archives: Ford

Some clunker cash buying not-so-green vehicles

By doris | Published: August 14, 2009

Full Story at msnbc.com WASHINGTON – Transportation Secretary Ray LaHood, the nation’s top car salesman in recent weeks, has cited the Obama administration’s best-seller list of mostly smaller, fuel-saving cars like the Ford Focus to describe the success of the Cash for Clunkers rebate program. But what LaHood and other administration officials usually don’t mention [...]

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Monthly Ford sales up for 1st time in two years

By doris | Published: August 3, 2009

Full Story at msnbc.com CHICAGO – Surging demand from the government’s “cash for clunkers” program has helped lift Ford Motor Co. to its first monthly increase in two years, the company’s top sales analyst said Sunday. July sales results mark the first year-over-year gain for Ford since November 2007 and apparently the first uptick by [...]

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Auto parts supplier Lear files for bankruptcy

By doris | Published: July 11, 2009

Full Story at msnbc.com NEW YORK – Struggling automotive parts supplier Lear Corp. filed for bankruptcy protection on Tuesday after receiving the support it needed from lenders and bondholders. The move had been expected from Lear, which missed an interest payment on its bond debt last week and revealed its intention to seek court protection [...]

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U.S. to lend $8 billion to Ford, Nissan, Tesla

By doris | Published: June 24, 2009

Full Story At msnbc.com DEARBORN, Mich. – Cultivating the next generation of fuel-efficient vehicles, the Obama administration said Tuesday it would lend $5.9 billion to Ford Motor Co. and about $2.1 billion to Nissan Motor Co. and Tesla Motors Inc. in a government-industry partnership to build green cars. Energy Secretary Steven Chu said the three [...]

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