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Auto sales in the U.S. show early signs of a rebound as Ford Motor Company posted a sales percentage loss for the month of June of just 10.7 percent. This is the automaker's smallest sales decline in 16 months, prompting an unusual amount of optimism in the auto industry.
Many automakers still suffered significant decline, however, with Toyota posting a 31.9 percent loss. Surprisingly, General Motors fared only slightly worse, despite the company's bankruptcy filing, with a 33.4 percent loss. Recently emerged from bankruptcy, Chrysler sales dropped 41.9 percent for the month. Honda also had less than positive numbers with a 29.5 percent... [Read More]
While the North American auto industry might not have reached a turnaround yet, the future is looking brighter for one U.S. automaker - Ford. The Ford Motor Company has announced that it is expecting that sales for the month of June (due in today) will be anywhere from 10 to 20 percent lower than the same month a year ago.
That might not sound like great news, but when the industry average is still in the negative 30 percent range, Ford certainly seems to be bucking a trend.
"The underlying economic indicators, meaning fewer jobless claims, another month of somewhat higher levels of consumer confidence, suggest to us that the... [Read More]
At a recent engineering conference Ford representatives gave a presentation on secret new engine the company is developing. Code named "Bobcat" the new twin-turbo 5.0-liter V8 engine is seen more as an alternative truck engine, although as it is similar to Ford's EcoBoost engine, passenger car applications are possible.
The Bobcat engine is a twin-fuel engine, using both conventional gasoline and E85 ethanol. Both fuel systems even have their own tanks and fuel injectors. Here's how it works:
Turbochargers work to compress the air, while conventional port-injection of gasoline is used to get fuel... [Read More]
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