Ford touts F-150 gains in fuel economy and bailout outlook
Ford executives cite an 8 percent average fuel economy increase across the F-150 lineup with 2009 SFE options delivering 15 mpg city and 21 mpg highway. They tie demand to relief from a proposed $700 billion financial sector bailout and credit easing. The improvements come from lighter steel, better aerodynamics, a new six speed transmission, over valve fuel injection, and an auto shut-off when the gas is released.
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Ken Czubay
U.S
Czubay
Ford
General Motors Corp
Ford Motor Co
Europe
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Gas prices fall across Texas after Ike impact
Prices at Texas pumps slipped about 10 cents per gallon as the AAA Texas survey found regular self serve averaging 3.50 per gallon. Nationally regular averaged 3.60, down a dime. El Paso led with 3.59, down 6 cents, while Amarillo remained cheapest at 3.29, down a dime.
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Houston
Texas
AAA
Texas Gas
el Paso
Amarillo
Paris auto show braces for industry storm
Auto executives warn the sector faces a major downturn amid global economic turmoil as the Paris Motor Show opens. BMW unveils the new 7 series while Honda and Renault push fuel efficiency with a hybrid Insight and a revamped Megane. Ferrari debuts the California as luxury demand holds steady.
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Paris
BMW AG
General Motors Corp
Fritz Henderson
U.S
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