Ford Motor Co., the firt of the Detroit 3 to submit its plan to qualify for federal aid, declared that they don’t expect to make money until at least 2011.

What happends before 2011? Well,according to a news release, Ford expects global and North American auto businesses to reach break-even or be profitable on a [...]

Ford Motor Co. declared on Monday that “it will re-evaluate strategic options for Volvo Car Corp., including the possible sale”. They also said tha the decision to renew its options for Volvo is due to the “significant decline” in the auto industry, especially in the last three months.

The study in which Ford Motor Co. leads all automakers with 16 “top safety picks” among 2009 cars and trucks, is made by the Insurance Institute for Highway Safety, an institute that works for auto insurers.

Among the factors accounting for the increase: greater use by automakers of seats and head restraints that meet the institute’s [...]

These days it’s like there are two parallel universes : one in which automarkers are running on fumes and about to crumble and another one where everything is roses and they are puttin out shiny press releases on new products with glossy photos to go along.

In need of cash, Ford Motor Company, which owns Volvo [...]

According to Bill Vlasic, the american giant General Motors originally had talks with Ford about a possible merger before approaching the Pentastar people. This story comes after the GM/Chrysler pseudo-bombshell from Friday night.

The New York Times also wrote an article about the merger discussions, reporting that GM approached Ford with the proposal but the FoMoCo [...]