Automakers

November 4, 2009 -- Tokyo — Toyota Motor Corporation (TMC) announces it plans to withdraw from the FIA Formula One World Championship (F1) at the end of the 2009 season.

TMC, which had viewed its participation in F1 as contributing to the prosperity of automotive culture, remained dedicated to competing at the pinnacle of motor sports, even in the face of the abrupt economic changes that started last year. However, when considering TMC's motor-sports activities next year and beyond from a comprehensive midterm viewpoint reflecting the current severe economic realities, TMC decided to withdraw from F1.    » read more »

TORRANCE, Calif. (November 3, 2009) – Toyota Motor Sales (TMS), U.S.A., Inc., today reported October sales of 152,165 vehicles, a decrease of 3.5 percent from last October, on a daily selling rate basis.

The Toyota Division posted October sales of 132,663 units, a decrease of 5.8 percent from the same period last year. The Lexus Division reported October sales of 19,502 units, an increase of 15.5 percent over the year-ago month.

Toyota Division    » read more »

Ford, Lincoln and Mercury October U.S. sales totaled 132,483, up 3 percent versus a year ago and 21 percent higher than September

DEARBORN, Mich., Nov. 3, 2009 – Ford, Lincoln and Mercury October U.S. sales totaled 132,483, up 3 percent versus a year ago and 21 percent higher than September. This marks the third time in the last four months Ford sales have increased.

“Consumer demand for our new high-quality, fuel-efficient products is driving Ford’s market share gains,” said Ken Czubay, Ford vice president, U.S. Marketing Sales and Service. “Ford vehicles are among the ‘freshest’ available by any automaker – with more than 80 percent of our sales in October coming from our new 2010 models.”    » read more »

Cash Flow Turns Positive; North America Profitable

DEARBORN, Mich., Nov. 2, 2009 – Ford Motor Company [NYSE: F] today reported net income of $997 million, or 29 cents per share, in the third quarter as strong new products, structural cost reductions and improved results at Ford Credit lifted the company’s results despite continued weak global economic conditions. This is a $1.2 billion improvement compared with the same period last year.    » read more »

Transit Connect BEV is the first production vehicle from accelerated electric vehicle strategy

DEARBORN, Mich., Oct. 30 – Ford Motor Company announced today that Azure Dynamics Corporation (TSX: AZD) has joined in a collaborative effort to deliver a pure battery electric Ford Transit Connect van for the United States and Canadian markets in 2010. Azure will integrate its Force Drive ™ battery electric drive train in the Transit Connect van for commercial fleet and retail use.

The collaboration with Azure Dynamics for the Transit Connect BEV will build on the existing business relationship between Ford and Azure as well as their shared experience with battery supplier, Johnson Controls-Saft.    » read more »

October 27, 2009 -- Wilmington, DE -- As part of the of the Administration’s commitment to jumpstarting the production of fuel efficient vehicles in America, Vice President Joe Biden today announced Fisker Automotive is re-opening a shuttered former GM factory in Wilmington, Delaware, to produce long-range, plug-in, electric hybrid vehicles. The Wilmington assembly plant was selected by Fisker Automotive for its primary global production facility based on its size, production capacity; and access to shipping ports, rail lines and skilled workforce.    » read more »

October 27, 2009 -- Today’s announcement that auto production will be returning to the old GM’s assembly facility in Wilmington, DE, is an example of how successful partnerships can help transform the American auto industry of the future.

The White House Council on Automotive Communities and Workers has worked closely with the state of Delaware, federal agencies and the old GM to help support this successful announcement, and will continue working with states and agencies across the country to support positive economic transitions in auto communities.

Mission of the White House Council on Automotive Communities and Workers    » read more »

Tenneco is Fifth Company to Receive Conditional Loan Commitment from DOE’s Advanced Technology Vehicles Manufacturing Loan Program

October 27, 2009 -- Washington, DC – The Department of Energy (DOE) announced that it has entered into a $24 million conditional loan commitment with Tenneco Inc. to develop fuel efficient emission control components for advanced technology vehicles.

The loan is part of the Department’s commitment to helping the auto industry meet or exceed President Obama’s tough new fuel economy standards, while helping America regain its competitive edge in world markets.    » read more »

October 27, 2009 -- Wilmington, DE – As part of the of the Administration’s commitment to jumpstarting the production of fuel efficient vehicles in America, Vice President Joe Biden today announced Fisker Automotive is re-opening a shuttered former GM factory in Wilmington, Delaware, to produce long-range, plug-in, electric hybrid vehicles.

The Wilmington assembly plant was selected by Fisker Automotive for its primary global production facility based on its size, production capacity; and access to shipping ports, rail lines and skilled workforce.    » read more »

Prevents High-Speed Chase

2009-10-19 -- Detroit, Mich. – GM and OnStar announce the use of OnStar’s Stolen Vehicle Slowdown (SVS) service to help safely recover a 2009 Chevrolet Tahoe that was carjacked at gunpoint from a subscriber in Visalia, California. This is the first time that SVS has been activated to help a subscriber in a carjacking situation.

At approximately 3:18 a.m. PDT on Sunday, Oct. 18, Lindsay, California resident Jose Ruiz and his cousin were carjacked by a lone assailant wielding a shotgun. The perpetrator ordered the two men out of the vehicle, robbed them of personal belongings and sped off in the Tahoe.    » read more »

October 15, 2009 -- DETROIT—A federal indictment was unsealed late yesterday in Detroit charging Xiang Dong Yu, aka Mike Yu, 47, of Beijing, China, with theft of trade secrets, attempted theft of trade secrets and unauthorized access to a protected computer, announced Terrence Berg, U.S. Attorney for the Eastern District of Michigan. Yu was arrested on Oct. 14, 2009 at the Chicago O’Hare International Airport upon entering the United States from China. Berg was joined in the announcement by Andrew G. Arena, Special Agent in Charge of the FBI.    » read more »

Facility represents successful scale-up of company's technology and showcase for the world's first commercially-viable flex ethanol process

2009-10-15 -- Madison, PA - Coskata Inc., a leading developer of next-generation biofuels, today announced the successful start-up of its semi-commercial flex-ethanol facility located in Madison, PA. The accomplishment represents the successful scale-up of the company's technology, and will serve as a showcase for the world's first commercially viable flex-ethanol process.    » read more »

Ford Motor Company’s year-to-date hybrid sales are 73 percent higher than the same period in 2008, fueled by the introduction of hybrid versions of the 2010 Ford Fusion and Mercury Milan

DEARBORN, Mich., Oct. 14, 2009 – Ford Motor Company’s hybrid vehicle sales have risen 73 percent this year in sharp contrast to a 14-percent decline in hybrid sales across the industry.

The fuel economy and durability of hybrid versions of Ford Fusion and Escape, Mercury Milan and Mariner also are winning over large numbers of conquest customers, many of whom are previous import owners. Through September, Ford has sold 26,016 hybrid vehicles, up 73 percent versus the same period in 2008, according to figures from Autodata Inc.    » read more »

Statement of Joe Hinrichs, group vice president, Global Manufacturing and Labor Affairs, Ford Motor Company.

DEARBORN, Mich., Oct. 13 – Ford and the United Auto Workers union have reached a tentative agreement on additional modifications to the 2007 UAW-Ford national labor agreement, which would help Ford improve its current and long-term competitiveness in the United States.

The tentative agreement, which covers approximately 41,000 UAW-represented employees in the United States, is subject to ratification by the active UAW-Ford membership. We will not discuss details of the agreement until after the ratification process is complete.

Source: Ford Motor Co.

Ford Motor Company's joint-ventures and wholly-owned entities in China delivered record sales of 119,338 units in the third quarter, an increase of 79 percent from a year ago

SHANGHAI, Oct. 13, 2009 – Ford Motor Company continued its record growth in China in the third quarter, with sales of its joint-ventures and wholly-owned entities increasing 79 percent over the same period last year, to 119,338 units. Through the first nine months of the year, its sales rose 32 percent to 316,639 units.    » read more »