Alan Mulally, the chief executive of Ford Motor Co., said in a recent interview from the Las Vegas Consumer Electronics Show (CES) that the automaker is poised for “tremendous progress” in its turnaround endeavor – the company not only posted a 33 percent increase in sales during December, but also improved its share of the US auto market in 2009, for the first time since 1995

Ford Motor's new automobile interface and dashboard design, called "myFord Touch," which is scheduled to be rolled out the Consumer Electronics Show in Las Vegas, happens to be one of the most eagerly-awaited products to be unveiled at the event.

Ford Motor Co unveiled the Fiesta small car to a U. S. audience on Wednesday at the Los Angeles Auto Show. This revamp aimed at making profits in 2011. Ford is hoping in the increase of sales as market shifts toward smaller and more efficient vehicles. The company has plans to bring in six compact and subcompact vehicles from Europe by 2012.

Crushed under the current financial situation, more and more companies are now looking to cut costs wherever possible, and so did Ford Motor Co., when it proposed contract changes to its union workers which reflected a definite cut in labor costs.

According to figures reported by a Consumer Reports Survey, which studied vehicle qualities of major automobile manufacturers across the globe, Ford Motor Co., has made the most significant progress in ensuring quality improvement in their vehicles. Chrysler, on the other hand, hit rock bottom as it got the lowest rank among all the manufacturers studied.

Ford Motor Co. said announced on Friday its plan to spend $490 million on building a third assembly plant in China in a move that will help the company in improving its performance in the world's strongest market.

The US automaker will run the new plant with its Chinese partner Chongqing Changan Automobile co. and Japan's Mazda Motor Corp.

According to the Atlanta Journal-Constitution's Saturday reports, grabbing a larger chunk of the US auto market in April has helped Ford push past Toyota to regain its No.
2 position in US vehicle sales market share.

Ford Motor Co. Executive Chairman Bill Ford and Chief Executive Officer Alan Mulally have decided a 30 percent pay cut in their salaries. He salaried workers will sacrifice 
2009 bonuses. The local officers of the United Auto Workers have also approved cuts in overtime and layoffs. 

Ford Motor's fourth-quarter net loss is more profound that what was being expected. The $5.9 billion net loss of the automaker went up from its same quarter year-earlier loss of $2.8 billion.

Excluding one-time items, Ford's losses were $3.3 billion, or $1.37 per share, while analysts had estimated a loss of $1.30 per share.

One of the most-popular nameplates of Ford Motors, Taurus, has had a makeover, thanks to its extensive redesigning! The car's designer Moray Callum has wonderfully spruced up the much-esteemed Taurus, and the company launched the revamped full-size sedan - the new 2010 Taurus - on Sunday.