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Recent Posts
- GM Posts H1 2026 Earnings of $1.3B. Raises Guidance Again
- Ford Recalls ~288,000 Explorers for Flying Roof Rail Covers
- First Look – The 2027 Trendsetting Toyota Prius Hybrid
- Volvo Cars Posts Grim Q2 2026 Operating Results
- WEC – Ford Hypercar V8 moves from Dyno to Race Car
- Stellantis Increases EU Registrations during H1 2026
- Gasoline National Average Moves Higher Near $4 Gallon!
- Transportation Costs Rising for Producers. You’ll Pay More Too
- Cut Energy Waste. Save $4.8 Trillion or $31,000 a Household!
- Trump-conomics – Consumer Cost For Transportation up 6.5%
- First look – 2027 Toyota Corolla Hatchback. Unequaled Value?
- Jeep Grand Wagoneer, Grand Wagoneer L Brake Recalls
- Ford Mustang Recalls – Sudden Power Loss, Washer/Wipers
- Park Outside! Kia Recalls ~463,000 Telluride Models for Fires
- Audi of America Q2 2026 Sales Drop 17%
Recent Comments
- Magna International on Magna International Posts Q1 2026 EPS Loss of $0.04
- Council on Foreign Relations on Iran and Strait of Hormuz on AAA – Pump Gasoline Prices Still Soaring
- Autocrat on Stellantis Subordinated Perpetual Hybrid Bonds on Stellantis Posts Full Year 2025 Loss of €22.3B
- Michigan Governor Whitmer on Pew – Confidence in Trump Dips, Fewer Support His Policies
- Porsche Motorsport Daytona Victory on Daytona 24 Hours – Old and New Stars Getting Ready to Run
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Ford to Take $1B Charge to Buy Back Expensive Debt
Last April, Ford sold $8 billion of bonds as the coronavirus pandemic closed Ford’s factories with a corresponding drop in sales. Actions such as the debt tender offer and the issuance of 0% convertible notes earlier this year, together with a “bet on the come line” of awaited broader access to capital from the new sustainable financing framework, combine with Ford’s objectives to further strengthen its balance sheet and financial flexibility and return its credit ratings to investment grade. Continue reading
2020 Vehicles Post Fuel Economy, Low Emissions Records
In August, President Biden signed an Executive Order that sets good policy for US citizens with an ambitious new target to make half of all new vehicles sold in 2030 zero-emissions vehicles, including battery electric, plug-in hybrid electric, or fuel cell electric vehicles. EPA also proposed a new rulemaking under the Clean Air Act that by 2026 would establish the strongest greenhouse gas emission standards for cars and light duty trucks in history. Continue reading →