Ford introduces all aluminum F-150 changing the pickup game
Ford's 2015 F-150 uses an aluminum body across most of the truck to improve fuel economy and reduce weight. The move aims to future proof the model despite concerns about durability and repair costs. Ford plans over $1 billion in plant upgrades and dealer retrofit assistance.
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Auto lenders face long term risk as strong 2015 sales heat up
U S automakers ride a 2015 sales surge with nearly 1.3 million October U S new car and truck deliveries and a 16.5 million annual pace. But growth rests on three risky trends: 67 month loans, rising leases, and more subprime financing. Upside down loans could curb buyer options while lease returns may double by 2017. Regulators probe GM Financial Ally Financial and Santander Consumer USA over lending and securitization practices.
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Heilmann’s Mayo Clash Over Plant Based Spread Lawsuit
Unilever sues Hampton Creek in federal court claiming Just Mayo violates labeling standards by implying mayonnaise contains eggs. The suit argues Just Mayo misleads consumers and steals market share from Hellmann’s, which marked its 100th anniversary last year. Hampton Creek CEO Josh Tetrick denies deception, noting Just Mayo is egg free and uses plants.
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