Industry News
Ford unveils 2013 F-Series Super Duty pickup
Ford introduced the biggest and most luxurious vehicle in its lineup today, a Titanium trim level of the 2013 F-Series Super Duty pickup.
Super Duty pickups to get MyFord Touch — with real knobs, buttons
Ford said today it is rolling out its MyFord Touch infotainment system on its 2013 F-series Super Duty pickups, due in dealerships late this year.
Average new-vehicle fuel economy rises to record 23.7 mpg, study says
The average fuel economy for new vehicles purchased in the United States rose to almost 24 mpg in February, a new high, researchers at the University of Michigan said.
Ford offers lump-sum payouts to salaried retirees
Ford plans to offer lump-sum payouts as an option for future salaried retirees in the United States as part of its push to decrease the risk presented by its pension obligation.
Ford to offer lump-sum pension payments to salaried retirees
Starting in July, any of the 25,000 eligible salaried workers at Ford who choose to retire can opt to take their total pension as a onetime payment, a new option over above the traditional practice of offering an annuity.
Mazda offers U.S. buyouts, may dismiss workers as losses mount
Mazda, battling four years of losses, is offering voluntary buyout packages to U.S. workers and raising the specter of dismissals in an effort to cut costs.
GM brings in former Alcoa exec Julia Steyn to lead MandA
General Motors has hired Julia Steyn, former vice president of aluminum giant Alcoa, to lead its global mergers and acquisitions efforts effective April 1. The announcement was made Thursday in a memo to GM executives.
Customer Incentives
How a Bentley SUV could become the upscale tailgate vehicle
A Bentley at a tailgate party? Indeed, the ultra-luxury carmaker could very well put a new, more upscale twist on a beloved American pastime — the football tailgate.
Rep. Upton’s support fails to win Carbon Motors a U.S. vehicle loan
House Energy and Commerce Committee Chairman Fred Upton, a critic of federal Energy Department lending, failed to win the startup carmaker Carbon Motors a loan to develop fuel-efficient police cars.