Even Honda is getting hammered? Both Toyota and Honda posted sales declines of over 30 percent in November compared to last year. While that wasn’t as bad as GM or Chrysler, those numbers were roughly in line with Ford’s numbers. And, for those buying cars, would you buy a car from a company that was weeks away [...] [...]
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An electric version in 2012? CNBC’s Phil Lebeau interviewed Ford CEO Alan Mulally today about Ford’s updated plans being provided for Congress. According to Lebeau, Ford plans to turn a profit around 2011. Although Ford doesn’t need financing right now, they are seeking to secure about billion in loans to have access to if needed. [...] [...] Everything soon as efficient as the Prius? By 2020, if all goes well, the average fleet-wide fuel economy of the US fleet will be 35 mpg, a far cry from the fuel efficiency required to end foreign oil dependency. On the upside, there could be more than a million plug-in vehicles on the road by 2020. Unfortunately, [...] [...] |
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