Alan Mulally,CEO, Ford Motor
Mulally is in the winner's circle.
Read more at: http://www.cnbc.com/id/33278153/page/12/
Friday, November 27, 2009
Ford Fusion is top car; billionaire buys stock
By BRENT SNAVELY
FREE PRESS BUSINESS WRITER
Photos and video Ford Motor Co. scored a hat trick on Tuesday. Motor Trend magazine selected the Ford Fusion midsize sedan as its car of the year. Billionaire financier George Soros revealed his investment arm has purchased $52.9 million in Ford stock. And, the company's stock price hit a 2year high of $9 per share before closing at $8.98 for the day.
"It's really gratifying to see that everybody is appreciating the Ford plan and the progress we are making," Ford Motor Co. President and CEO Alan Mulally said during a crowded celebration Tuesday, while sporting an arm sling because of recent shoulder surgery.
Mulally, who underwent surgery this month to fix a lingering tennis and golf injury, attended Motor Trend's award ceremony at Ford's world headquarters.
Mulally said the progress of his shoulder, like Ford, is ahead of schedule and said the Motor Trend Car of the Year award provides additional evidence of that progress.
About 500 employees attended the emotional ceremony, including hundreds who worked directly on the Fusion and proudly stood up to accept credit from Ford's leaders.
"It means so much to all the Ford employees," said Sonya Nematollahi, who was the engineering supervisor for the Fusion's instrument cluster and has worked for Ford for 19 years. "We had such a dedicated team that worked through Saturdays and Sundays and holidays."
Angus MacKenzie, Motor Trend's editor in chief, said the 2010 Ford Fusion beat a field of nearly two dozen contenders that were put through intensive driving tests.
First introduced in 2005, the Ford Fusion was refreshed this year with a new engine, transmission and better fuel efficiency as well as a redesigned front end and interior.
Derrick Kuzak, Ford's group vice president of global product development, said better fuel efficiency was among the key improvements for the 2010 Ford Fusion.
Because of the improved fuel economy, Mark Fields, Ford's president of the Americas, said the 2010 Fusion has "really done a lot for our image, and it's done a lot for our sales and market share."
Since the redesigned Fusion was introduced in March, it has become the top-selling car built by an American automaker.
Top 2010 safety picks
The Insurance Institute for
Highway Safety named 27
vehicles as winners of its top
safety pick award for the 2010
model year. The award recognizes
vehicles that do the best
job of protecting motorists in
front, side, rear and rollover
crashes and have anti-rollover
technology called electronic
stability control, or ESC.
LARGE CARS
Buick LaCrosse
Ford Taurus
Lincoln MKS
Volvo S80
MIDSIZE CARS
AudiA3
Chevrolet Malibu (built after
Oct. 2009)
Chrysler Sebring (4-door with
optional ESC)
Dodge Avenger
Mercedes CClass
Su ba ru Legacy
Su ba ru Outback
Volkswagen Jetta (4-door)
Volkswagen Passat (4-door)
Volvo C30
SMALL CARS
Honda Civic (4-door with optional
ESC, except Si)
Kia Soul
Nissan Cube
Subaru Impreza (except WRX)
Volkswagen Golf (4-door)
MIDSIZE SUVs
Dodge Journey
Subaru Tribeca
Volvo XC60
Volvo XC90
SMALL SUVs
Honda Element
Jeep Patriot (with optional side
thorax air bags)
Subaru Forester
Volkswagen Tiguan
Saturday, November 21, 2009
2010 MotorTrend Car of the Year: Ford Fusion
The Comeback Kid: Do-it-All Sedan is Reborn for 2010 and is Better, Smarter, Nicer, Prettier, Comfier, Leaner, Meaner, and Greener in Every Way
November 17, 2009 / By Matt Stone / Photography by Wesley Allison
n 1964, Motor Trend's Car of the Year award went to the entire Ford lineup, recognizing its combination of design, engineering excellence, and performance. In 1970, we gave the nod to the Ford Torino, which could be ordered in a wide variety of configurations. Forty years ago, buyers could choose from economical, six-cylinder-powered sedans to the dragstrip-ready 429 Super Cobra Jet fastback. These legendary winners had one thing in common: bandwidth. In the 1960s and '70s, this term wasn't yet part of popular lexicon. Today, the 2010 Ford Fusion's impressive bandwidth as a model range was one of the many factors that helped it earn the 2010 Motor Trend Car of the Year award.
Want an economical midsize sedan that doesn't cost much, yet won't bore you to tears? Need to please your greener side with a high-tech hybrid? Fancy a near-sport sedan with AWD, 18-inch rolling stock, and the latest infotainment and electronics? Depending on which model you choose and how many option boxes you tick, the Fusion can be any of the above. Arthur St. Antoine calls the Fusion "a compelling sweep across one of the market's most hotly contested segments."
The original Ford Fusion came to market for the 2006 model year. The basics were there, but the car wasn't fully baked. For 2010, Ford's product teams gave the lineup a soup-to-nuts redevelopment so thorough, it's as if the first-generation car never existed. Only the passenger-shell sheetmetal and other basic architectural elements escaped being redesigned, upgraded, or replaced. Although a four-door sedan is the only body style offered, powertrain choices expand from two to four, and each is new or substantially revised. There are several trim levels offered as well: base S, upmarket SE, luxurious SEL, a separate Sport model, and a Hybrid. Early in this year's COTY program, there were quiet whispers, while heads nodded, about how the Fusion looked, felt, and drove like an entirely new machine.
Read more: http://www.motortrend.com/oftheyear/car/112_1001_2010_motor_trend_car_of_the_year_ford_fusion/index.html#ixzz0XRoFQoMB
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