American auto giant Ford on Wednesday claimed that one of its models has become the world's top-selling car, beating rival manufacturer Toyota's widely acclaimed car Corolla.
Citing registration data compiled by research firm R. L. Polk & Co., Ford said that its Focus car sold a total of 589,709 units between start of January and end of June across the globe. The figure represents an increase of 20 per cent in sales of Focus from the corresponding six-month period of last year.
Ford's totally transformed new Escape compact crossover loads up on style as well as fuel efficiency, with the new model's 1.6-liter EcoBoost engine not only offering five mpg (miles per gallon) better fuel economy than the small SUV's retiring version, but also boasting 2 mpg more fuel efficiency, on the highway, as compared to its rivals like Honda's CR-V and Toyota's RAV4.
The 2013 Ford Escape's 1.6-liter EcoBoost engine - which the EPA has rated at 33 mpg - produces 178 HP and 184 pound-foot of torque; thereby helping it rank amongst the most powerful engines in its category.
It seems a gala time for the avid car drivers, as ford has unleashed its new range in the market. The first one being a metal version, `Fiesta Metal' and another one is the Fiesta Econetic, which has gripped the attention of one and all with its luxurious look and color.
Powered by a 134bhp 1.6-litre petrol engine, the Fiesta Metal is believed to take the place of the limited-edition S1600. As its being exclusively produced, only 1000 units would be produced to be sold to the lucky ones.
The sales of automobiles in the United States of America came out with better results as compared to the previous year. The sale of automobiles for the biggest carmaker in the United States rose by 11% in comparison to the previous year. The unit sales recorded for this year have reached 173,155.But in comparison to the month of August, the sales saw a decrease.
Ford has confirmed that the 2011 model of its F-150 SVT Raptor truck would become a bit more outrageous. The standard 5.4-liter V-8 will be replaced by the future 411-horsepower 6.2-liter engine. In addition, the new truck will be a four-door SuperCrew cab as compared with the existing current Raptor which is equipped with an extended two-door SuperCab body.
William Clay Ford Jr., Executive Chairman of the Ford Motor Company was going to be paid for the first time ever since 2005, said the firm.
This was so because now the Company had earned profits for no less than one year.
The great grandson of Mr. Henry Ford would be paid $4.2 million in cash in this year and also with that, he will be offered stock options that are valued at $11.6 million, as disclosed by the firm while filing with the Securities and Exchange Commission.
Due to safety concerns, Ford Motor Co. and Chrysler Group LLC are willingly recalling more than 55,800 vehicles.
According to the National Highway Traffic Safety Administration, Chrysler is recalling 22,118 of its 2010 Dodge Nitro, Dodge Ram, Jeep liberty and Jeep Wrangler models over latent faulty brake tubes. The tubes could direct to the loss of liquid break.
The dealers and the analysts have opined that the future of Lincoln will be depending upon new small, stylish cars and SUVs, as it will expand the line up of the brand and will make the Ford's only remaining expensive brand identical.
Erich Merkle, President of Consultants Autoconomy.com in Grand Rapids, Mich said that the options will open for Ford, after its decision of ending Mercury’s production by this year.
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