By 2005, both Ford and GM’s corporate bonds had been downgraded to junk status, as a result of high U.S. health care costs for an aging workforce, soaring gasoline prices, eroding market share, and an over dependence on declining SUV sales. Profit margins decreased on large vehicles due to increased “incentives” (in the form of rebates or low interest financing) to offset declining demand. In the latter half of 2005, Chairman Bill Ford asked newly appointed Ford Americas Division President Mark Fields to develop a plan to return the company to profitability. Fields previewed the Plan, named The Way Forward, at the December 7, 2005, board meeting of the company and it was unveiled to the public on January 23, 2006. “The Way Forward” included resizing the company to match market realities, dropping some unprofitable and inefficient models, consolidating production lines, closing 14 factories and cutting 30,000 jobs.
Ford moved to introduce a range of new vehicles, including “Crossover SUVs” built on unibody car platforms, rather than more body-on-frame chassis. In developing the hybrid electric powertrain technologies for the Ford Escape Hybrid SUV, Ford licensed similar Toyota hybrid technologies to avoid patent infringements. Ford announced that it will team up with electricity supply company Southern California Edison (SCE) to examine the future of plug-in hybrids in terms of how home and vehicle energy systems will work with the electrical grid. Under the multimillion-dollar, multi-year project, Ford will convert a demonstration fleet of Ford Escape Hybrids into plug-in hybrids, and SCE will evaluate how the vehicles might interact with the home and the utility’s electrical grid. Some of the vehicles will be evaluated “in typical customer settings”, according to Ford. maserati wallpapers, android app, lambo wallpapers, Ford wallpapers, audi wallpapers
(Nissan Silvia)Motorsports
The elimination of Group B from the World Rally Championship signified the end of Nissan’s FJ24-powered 240RS. The FJ20ET-powered Silvia RS-X of 1986 would have been Nissan’s first choice, however there was an insufficient number of that exact trim sold in Japan to meet the WRC’s Homologation requirements (minimum 5000 units). Nissan had to quickly find a car to replace the 240RS.
The North American 1987 200SX SE V6 was chosen and competed in 1986-89 as a 200SX. Nissan’s creation and choice of this car ensured they could sell 5000 cars required for WRC Homologation. The S12 “SE” trim’s V6 held the only real appeal to the North American market, allowing Nissan to sell right at 5000 cars to a single specification. The V6 was a very unusual choice as the WRC was dominated by 4-cylinder 2.0 L turbocharged engines, although for similar reasons Toyota entered WRC with the 6-cylinder Supra at the same time. The 200SX achieved a first place in the 1988 Ivory coast rally and second place for two years running in the very challenging Safari Rally 1988 and Safari Rally 1989.
Mark Skaife won the 1987 Australian 2.0 Litre Touring Car Championship driving a Nissan Gazelle entered by the Nissan Motor Company. Nissan Silvia wallpapers#AudiRS4 #PorscheTaycan #Lambo #PorscheTaycan #AudiRS3
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