Purpose

I will try my best to provide detailed info on various cars and what is like to live with them, I have already produced a few for Jaguar-car-forums, I will do my best to be unbiased, but it will be hard for some cars. I will re-produce press releases and copy from other motoring news.
Showing posts with label figo. Show all posts
Showing posts with label figo. Show all posts

Tuesday, 28 April 2015

Q1 dips amongst the launch of the Aluminium F-150, and a range of other new models for Ford.

Ford Motor Co., which has forecast a “breakthrough year” for itself after remaking a large swath of its global lineup, today said its first-quarter net income fell 6.6 percent to $924 million as the launch of its aluminum-bodied pickup cut production.
Ford said the F-150 introduction has gone so well that it is increasing its projections for North American profit margins slightly but that economic conditions in South America have been worse than expected.
Revenue in the quarter fell 5.6 percent to $33.9 billion.

“The first quarter was a good start to a year in which our results will grow progressively stronger as the new products we have been launching start to pay off,” Ford CEO Mark Fields said in a statement. “We are re-confirming that 2015 will be a breakthrough year for Ford.”
Chief among those new products is the redesigned F-150, which analysts say accounts for a majority of Ford’s profits. The truck went on sale at the end of 2014, but sales have been slow because the plant changeover process has kept it in short supply so far.
The F-150 and other introductions have reduced margins and contributed to a U.S. market share decline. But Ford said it now expects North American margins of 8.5 percent to 9.5 percent for the year, up from earlier guidance of 8 percent to 9 percent.
In the first quarter, Ford earned a pretax profit of $1.34 billion in North America, 11 percent less than the same period a year ago. Operating margins declined to 6.7 percent from 7.3 percent.
Ford’s U.S. vehicle sales in the first quarter rose 2 percent, but its market share fell half a point to 15 percent.
Job cuts
Last week, Ford confirmed plans to cut 700 jobs and eliminate a shift at a small-car plant outside Detroit as low gas prices dampen sales of the Focus and C-Max it builds there.
Brian Johnson, an analyst with Barclays Capital, estimated that reduced production cost Ford $450 million during the quarter, with the F-150 representing the bulk of that amount.
“We likely won’t have a true feel of profitability until at least the [third quarter], the first quarter when Ford will be fully ramped on F-150 production and when we will have a more accurate feel of demand,” Johnson said in a report Monday.
Overseas results
In South America, Ford reduced its first quarter loss by 63 percent to $189 million. It said full-year results are expected to be improved from a year ago, but not as good as it had estimated in January.
Its European loss shrunk 4.6 percent to $185 million. Ford lost $1.1 billion in Europe last year due largely to issues in Russia, a market that General Motors last month said it would largely abandon.
Ford was profitable in its Asia Pacific region, as well as Middle East and Africa.
Ford is introducing 15 new or refreshed vehicles this year, including three in the first quarter, after rolling out 24 in 2014. The Ford Edge crossover went on sale in March, and the Explorer is on the way this summer. It’s also in the midst of a major product offensive in China, where it last week showed a new SUV called the Everest and a version of the Taurus sedan designed specifically for that market, with massage units built into the rear seats.

Ford executives have said the product-launch schedule means the company will post stronger results in the second half of the year, when sales of the new vehicles begin to hit their stride.
“Since the recession, Ford has been spending on technology and expansion overseas in key markets. This year these risks will start to pay off,” David Kudla, CEO of Mainstay Capital Management in Grand Blanc, Mich., said in a report last week.
“We believe the new model launches around the world, particularly with the ramp-up of the F-150, are beginning to take effect and will provide a much needed jump start to the stock's performance this year.”
Nick Bunkley

Friday, 31 January 2014

Global NCAP crash tests shows India's cars ARE unsafe.

The first-ever independent crash tests of some of India’s popular and important small cars have shown a high-risk of life threatening injuries in road crashes. All the cars selected by Global NCAP for testing in a frontal impact at 64km/h received zero-star adult protection ratings.

The models tested included India’s best-selling car, the Suzuki-Maruti Alto 800. The Tata Nano, Ford Figo, Hyundai i10 and Volkswagen Polo also underwent the safety assessment. Combined sales of these five cars account for around 20% of all the new cars sold in India last year. Global NCAP chose the entry-level version of each model and as a result none were fitted with airbags as standard. The results highlight major differences in the structural integrity of the vehicles tested.
Max Mosley, Chairman of Global NCAP, said: “India is now a major global market and production centre for small cars, so it’s worrying to see levels of safety that are 20 years behind the five-star standards now common in Europe and North America. Poor structural integrity and the absence of airbags are putting the lives of Indian consumers at risk. They have a right to know how safe their vehicles are and to expect the same basic levels of safety as standard as customers in other part of the world.”

In the Suzuki-Maruti Alto 800, the Tata Nano and the Hyundai i10, the vehicle structures proved inadequate and collapsed to varying degrees, resulting in high risks of life-threatening injuries to the occupants. The extent of the structural weaknesses in these models were such that fitting airbags would not be effective in reducing the risk of serious injury. The Ford Figo and Volkswagen Polo had structures that remained stable – and, therefore, with airbags fitted, protection for the driver and front passenger would be much improved.

Coinciding with the Global NCAP tests, Volkswagen has decided to withdraw the non-airbag version of the Polo from sale in India. Because of this, Global NCAP agreed to a request from VW to assess a version of the Polo that has two airbags fitted as standard as from now. Other manufacturers had the same opportunity. The protection proved much better and this airbag-equipped model received a four-star rating for adult occupant protection. Consumers are encouraged to check which version of the Polo they buy.

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Models also fail to pass UN’s basic safety test

Global NCAP also assessed the same models against the UN’s basic crash test. This 40% offset frontal impact test at 56km/h is now widely applied by major manufacturing countries and regions, including Australia, China, European Union, Japan and Malaysia. The Global Plan for the UN’s Decade of Action for Road Safety recommends that all Member States apply this standard, although it is not yet applied in India. All but one of the cars tested failed to pass even this minimum standard.

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Please note:

Ford Figo passed despite not having a driver airbag when the dummy’s head narrowly avoided hitting the steering wheel directly
Volkswagen Polo with two airbags was awarded a pass based on dummy readings from the 64km/h crash
Taken together the results highlight the vital combination of both sound structural integrity and airbags as standard equipment. These features are the sure way to exceed the minimum UN crash test standard at 56km/h. They also offer adequate levels of protection in a higher speed crash at 64km/h, the speed most commonly used by independent consumer crash test programmes.

Rohit Baluja, President of India’s Institute of Road Traffic Education (IRTE) said: “These results show that India would benefit enormously from the introduction of minimum crash safety standards and clearer information for consumers about the protection new cars offer. Many cars made in India for export meet these standards already, so it’s not a question of know-how or capability: India’s automobile industry just needs the right incentives. With the UN’s minimum safety standards and clear information for consumers, India can produce cars that are every bit as good as those in Europe and the US.”

Global NCAP has awarded a separate child safety rating to each car in order to highlight the different levels of protection vehicles provide to passengers on the rear seats. Because the only safe way for young children to travel is properly restrained in a child seat, the assessment checks how compatible the car is with the child seats recommended by the manufacturer, as well as the protection provided in the crash.

In the assessments, the child seats recommended by manufacturers were often found to be incompatible with their vehicle’s belt system. In the Tata Nano, there was no three-point seatbelt on the rear seats and no way to install a child seat or transport a small child safely.

“Vehicle manufacturers understand how important it is for young children to travel buckled up in a child seat that’s installed securely on the rear seat,” said David Ward, Secretary-General of Global NCAP. “They know what they need to do to make it as easy as possible for parents: it’s just a question of priorities. Indian families buying these cars expect their children to be given the same protection as children in other parts of the world.”

Comments on individual vehicles’ adult protection

Suzuki-Maruti Alto 800

In the 64km/h NCAP test, the Suzuki-Maruti Alto 800 achieved a zero-star rating for its adult occupant protection. The vehicle structure was rated as unstable, increasing the risk of life-threatening injuries and making the car unsuitable for the fitment of airbags.

Using the child seats recommended by Suzuki-Maruti, the Alto 800 achieved a two-star rating for child protection.

The Alto 800 was not able to meet the UN’s minimum safety requirements in the 56km/h crash test.

Tata Nano

In the 64km/h NCAP test, the Tata Nano achieved zero stars rating for its adult occupant protection. The vehicle structure was rated as unstable, increasing the risk of life-threatening injuries and making the car unsuitable for the fitment of airbags.

The car achieved a zero-star rating for its child protection as it was not possible to install child seats in the car.


The Nano was not able to meet the UN’s minimum safety requirements in the 56km/h crash test.

Hyundai i10

In the 64km/h NCAP test, the Hyundai i10 achieved a zero-star rating for its adult occupant protection. The vehicle structure was rated as unstable, increasing the risk of life-threatening injuries.

Using the child seats recommended by Hyundai, the i10 achieved a one-star rating for child protection. The three year-old dummy indicated a high risk of serious injury.


The i10 was not able to meet the UN’s minimum safety requirements in the 56km/h crash test.

Ford Figo

In the 64km/h NCAP test, the Ford Figo achieved a zero-star rating for its adult occupant protection. The vehicle structure was rated as stable, but without safety equipment such as airbags, too much of the crash energy was absorbed directly by the occupants.

Using the child seats recommended by Ford, the car achieved a two-star rating for its child protection.


The Figo was able to meet the UN’s minimum safety requirements in the 56km/h crash test as the driver’s head narrowly avoided direct contact with the steering wheel.

Volkswagen Polo

In the 64km/h NCAP test, the Volkswagen Polo without airbags achieved a zero-star rating for its adult occupant protection. The vehicle structure was stable, but without safety equipment such as airbags, dummy readings indicated a high risk of life-threatening injuries.


With two airbags (driver and front passenger), the Volkswagen Polo achieved a four-star rating for adult occupant protection in the 64km/h NCAP test. Thanks to the airbags, the protection offered to the driver and passenger head and neck was good.

Using the child seats recommended by Volkswagen, the Polo achieved a three-star rating for child protection.


Without airbags, the Polo was not able to meet the UN’s minimum safety requirements in the 56km/h crash test.

Global NCAP advises consumers to check carefully which version of the Polo they buy.

Thursday, 14 November 2013

New Ford KA five door concept could be sold in Europe !

Ford Motor may sell in Europe the five-door Ka minicar unveiled by company executives in Brazil.

A Ford of Europe spokesman said the automaker has no made a decision on whether to offer the vehicle in Europe but "it's on the shelf for Ford of Europe to draw down if it decides to."


Top Ford executives, including Chairman Bill Ford, were at the company's Camacari plant in Brazil on Wednesday to showcase a concept version of the global Ka five-door hatchback, which will be introduced in Brazil next year.

Eventually, Ford will bring the global Ka to other emerging markets, including China, where more families are amassing the wealth needed to buy their first vehicle.

Speaking to reporters last week in Detroit, Joe Hinrichs, Ford's president of the Americas, said the Ka Concept is "one of the most important product programs in the company in the last few years."


In Europe Ford currently sells the second-generation Ka three-door, launched in 2008. The Ka is based on the Fiat 500 and is built in the Italian automaker's factory in Tychy, Poland, alongside the 500. Ten-month sales of the Ka in Europe fell 18 percent to 40,000, according to market researchers JATO Dynamics.

Last year Ford of Europe CEO Stephen Odell told Automotive New Europe there was no rush to replace the three-door Ka. "Our contract with Fiat goes well into the second half of this decade, so we are not in a hurry," he said.

Premium look

Designed and built in Brazil, the Ka five-door concept is smaller and less expensive than a Ford Fiesta subcompact. The Ka carries Ford's new global design language, which Ford officials believe give their vehicles a premium look. "It makes it look like a much more expensive vehicle for much less," Ford designer Ehab Kavod said. "It's the smallest car we do, but when you look at it, it exudes premium."


Ford said the concept is a "strong precursor" to the production car, offering class-leading fuel economy and a host of useful technologies, including a a docking station to accommodate a smart phone, allowing the driver to view navigation and other features.

Ford expects global sales of small, low-cost cars to grow 35 percent between 2012 and 2017, outpacing the expected 12 percent rise for the industry as a whole. Ford said 44 percent of the market for "sub-B" cars will be in South Asia and South America.


The automaker now feeds this market with its current-generation Ka and Figo, which are built on older, locally tailored vehicle platforms that Ford is increasingly avoiding.

The Ka Concept unveiled in Brazil is part of Ford CEO Alan Mulally's One Ford strategy of building global models that can be sold in countries around the world. Ford is working to commonize its vehicles around the world on a series of core platforms. In doing so, the carmaker hopes to save money on engineering, purchasing commodities and manufacturing.


The Ka Concept follows the Ford EcoSport subcompact SUV that was developed in Brazil for global markets. As well as Brazil, the EcoSport also goes into production in India from next year with sales in Europe starting in the summer.

Ford's first global vehicle under Mulally was the Fiesta in 2008, but developing a global car as small and cheap as the Ka has been a challenge. Ford studied Maruti Suzuki India, Hyundai and Kia and their approach to the global market for small cars, Ford Chief Financial Officer Bob Shanks said.

Bradford Wernle, Reuters and Bloomberg contributed to this report

REPORT HERE

Saturday, 20 July 2013

Ford India sells 30,000 EcoSports in 17 days

  •  Ford India records 30,000 bookings for Ford EcoSport in 17 days
     
  • Ford EcoSport’s captivating design and smart package draws buyers from different vehicle segments and demographics 
  • Ford dealerships are witnessing a significant surge in footfalls 
Indian consumers have recognized the compelling value proposition the all-new Ford EcoSport offers them, resulting in the SUV attracting over 30,000 bookings in just 17 days of its launch. Having witnessed unprecedented enquiries and growing order bank for the Ford EcoSport, Ford India is working hard to optimize deliveries and reduce the waiting time for delivery.


 
Joginder Singh, president and managing director, Ford India said, “We had high expectations of  the Ford EcoSport and the unabated response post the launch has been truly gratifying. Consumers are appreciating the value-for-money proposition that we are offering in the EcoSport’s compelling and smart package. We thank our customers for their overwhelming response and appreciate their patience. The Ford India team is working closely with the  suppliers at our Chennai facility to enhance output of the Ecosport to reduce the waiting period and to meet the high demand.”


 
Ford EcoSport’s unique positioning, combined with its versatile “power of choice” with three engine options available, has been increasingly drawing the attention of consumers from varied demographics and those consider purchasing vehicles of other bodystyles. The Ford EcoSport delivers the feel and dynamics of a car wrapped in an SUV bodystyle and epitomizes Ford India’s product-led transformation.
 
Since the launch of EcoSport last month, Ford India is experiencing a significant rise in footfalls at dealerships across all regions and most dealerships are witnessing record levels of daily bookings, with enquiries extending to other Ford nameplates as well. Out of the 260 dealer touch points in 138 cities, 40% cover Tier II and III, and these have been in readiness for this overwhelming demand for the Ford EcoSport.


 
Joginder Singh added, “We are happy to see consumers spending time in our showrooms, wanting to know more about our vehicles and acknowledging the value proposition we have been always offering on our other nameplates also – Ford Figo, Ford Classic, Ford Fiesta and the Ford Endeavour.”   
 
The Ford EcoSport was launched on June 26, 2013 with its entry-level variant priced at Rs. 5.59 lakh (ex-showroom, New Delhi). Offered in 10 variants across four trims, three engine options in manual and a petrol automatic transmission option, and seven colours, the EcoSport also comes with an array of smart segment-first features like Ford SYNC® and Emergency Assistance.


 
Ford also offers its globally acclaimed EcoBoost technology with the patented 1.0-litre EcoBoost engine on the all-new Ford EcoSport. The award-winning three-cylinder engine delivers power and performance of a traditional 1.6-litre engine with a class-leading fuel economy of 18.9 km/L. The revolutionary engine has won the ‘International Engine of the Year’ award twice consecutively in 2012 and 2013. Additionally, the SUV is also available with the proven, fuel-economical 1.5-litre petrol engine with twin independent variable camshaft timing delivering 15.8 km/L, and the proven 1.5-litre diesel engine that delivers 22.7 km/L. 
 


The Ford EcoSport highlights the fruition of Ford’s additional investment of US$ 142 million towards capacity expansion at its integrated manufacturing facility in Chennai -- the home of this urban SUV. The design and technology of this Chennai-built vehicle from Ford’s global platform reflects the evolving tastes and requirements of the Indian consumer.