Car Throttle

Normally at CarThrottle we don't do a whole lot of covering the usual industry news, but this announcement is pretty notable. As the financial crisis forced General Motors and Chrysler into taking government loans and going through bankruptcy, Ford has remained a notable exception to that. When Chief Executive Officer Alan Mulally came to the company, he put all of the company's assets on the line to secure loans to turnaround the company. That turned out to be a smart move, providing Ford with the funds to weather the economic crisis. There have been worries though that the cash hoard wouldn't be enough to last the company if losses continued. Those fears are being quelled with actual results. Here is some of the statistics: net income of

The Taurus is back. Big time! What am I talking about, Ford as a whole is back. From the Fusion to the Fiesta, to the Taurus to the line of new products at Lincoln, Ford is undergoing a product renaissance. Couple that with the company not accepting government loans and you have a powerful combination out there in the marketplace. Ford has gotten a lot of free publicity over it's stance on the loans. Today is the launch event for Ford's Taurus SHO, a model that car enthusiasts everywhere are drooling over. Driving impressions of the model are still under embargo, but Ford thought it was fitting to release some new pictures of the car to coincide with the event. Wow! Is that good looking or what? The more

The quarterly results from the automakers are coming in. VW and Hyundai have posted decreases in profits and Ford, while incurring a big loss has beat Wall Street's expectations as well, sparking a rally in Ford's shares. I shudder to think of what we'll be seeing in GM's Q1 report. That one promises to be a shocker. The markets are all about expectations. Successive big losses or better then expected numbers? It's all in how you want to frame it, but in any case the market is clearly encouraged by Ford's results. Maybe just maybe we're starting to see some signs that the economic freefall is ending. Not based on these numbers but in some other metrics we've seen. Revenue has fallen from $39.2 billion to $24.8 billion, a startling drop. It just goes to show you the magnitude of