Ford Fusion Hybrid reportedly the most efficient electric car

Ford Motor Company has unveiled its new 2010 Ford Fusion Hybrid electric car – which, built with next-generation hybrid propulsion system, is claimed to be the most fuel efficient mid-size sedan in the US. The hybrid technology used in the Fusion allows it to run up to 47 miles per hour in electric mode.

Ford Motor to sale 20% stake in Mazda Motor Corp.

Ford Motor Co. Ford Motor Co. (F), which holds the biggest stake in Mazda Motor Corp. with a 33.4% stake, has decided to offload its stake by 20 per cent.