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Bill Ford on the Future of Transportation: We Cant Simply Sell More Cars

2014-07-11 21:25:27| AutomotiveDigest.com - Automotive Industry News

During the past decade, the automotive industry emerged from one of the most challenging periods we have ever encountered, and has now entered one of the most exciting and promising times in our history. Yet, even more important is our focus on the future, which will be defined by an important trend: the automobile as part of a larger ecosystem. This requires a change in our view of the car as an individual object to seeing it as part of our broader transportation network. It also requires a fundamental change in how we think about transportation. Customers today have extremely diverse priorities, and we must embrace these differences as we design and sell automobiles. The facts that underpin this trend are compelling. With a growing global population and greater prosperity, the number of vehicles on the road could exceed two billion by midcentury. Combine this with a continuing population shift toward cities, with a projected 54% of the global population in cities by 2050, and it becomes clear that our current transportation model is not sustainable. Our infrastructure cannot support such a large volume of vehicles without creating massive congestion that would have serious consequences for our environment, health, economic progress and quality of life. READ MORE The Article Bill Ford on the Future of Transportation: We Cant Simply Sell More Cars appeared first on Automotive Digest.

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Ford Transit Conquers the World of Work

2014-07-11 21:00:12| AutomotiveDigest.com - Automotive Industry News

Over the years, the Ford Motor Co. has outflanked its rivals by quietly conquering the world of work. In the U.S., roughly 41% of the vehicles used for commercial purposes. In addition, 20% of all vehicles sold around the world are used commercially so staying on top is a strategic priority for the company. The new Transit van, which drew on the experience and resources of the entire Ford enterprise through the "One Ford" plan, gives what Ford thinks is the best vehicle in the segment. Having a vehicle like this is critical to the company, noted Minyang Jiang, the brand manager for the Transit, which will have to compete with vehicles such as the Mercedes-Benz Spring, Fiat Chrysler Automobiles ProMaster and Nissan's new NV2500 and the Chevrolet Express. READ MORE The Article Ford Transit Conquers the World of Work appeared first on Automotive Digest.

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Penn Virginia scoops up more Eagle Ford Shale acreage

2014-07-11 20:57:59| Real Estate - Topix.net

A drilling rig towers above the scrub in South Texas' Eagle Ford Shale. Penn Virginia Corp. says it's paying $45 million for an additional 10,000 acres in the oil-and-gas formation.

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Ford Sees Strong Gains In Europe

2014-07-11 15:36:24| Auto Dealers - Topix.net

"We are very, very pleased on where we are on the European transformation plan," said Steven Odell, president Ford of Europe, Middle East and Africa.

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Eileen Ford, Dead at 92

2014-07-11 15:00:00| Happi Breaking News

Transformed modeling industry during 60-year career.

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