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Ford and GM link bonus checks to quality scores
Tue, 29 Apr 2014The poor first quarter earnings of Ford and General Motors are having an effect all the way up the food chain. Both automakers struggled with recalls in the first three months of the year, and, according to The Detroit News, they have responded by increasing the percentage of bonuses tied to vehicle quality for salaried workers, including top executives.
GM announced that 25 percent of bonuses (up from 10 percent) for all salaried workers would be tied to its vehicle quality standards. The automaker revealed in its financial report that it spent $1.3 billion on recall-related repairs in the first quarter, and net income was down 86 percent.
Ford also increased the quality proportion of bonuses for about 26,000 salaried workers all the way up to CEO Alan Mulally from 10 percent to 20 percent. The company announced in its report that the amount paid out in warranty and recall claims was about $400 million higher than expected in the first quarter. Its net income fell 39 percent from the previous year. "The change reflects how critical quality is to our overall business," said spokesperson Todd Nissen speaking to Autoblog.
Ford to rebrand SVT as 999?
Mon, 22 Sep 2014Ford operates a number of performance divisions around the world. There's SVT in the US, Team RS in Europe and Ford Performance Vehicles (FPV) in Australia. But the Blue Oval has been steadily integrating its performance operations into one unit, and here we might have our first indication of what it will be called.
A reader at Jalopnik sent in a survey in which respondents were asked to gauge the name for a new performance brand from a "major automotive manufacturer," and while the identity of that automaker was not disclosed, according to the survey, the automaker is considering the name 999 for its new go-fast unit.
As our compatriots point out, the 999 was Ford's first racecar, a rudimentary chassis with a 19-liter inline-four campaigned by Henry Ford around the turn of the 20th century. (Ford also used the number to designate a Fusion fuel-cell racer a few years back.) That could prove the tie-in Dearborn is looking for in rebranding its performance operations worldwide, replacing the letters SVT, RS and FPV globally under one name.
Retro Wrong: MotorWeek shares first unaired pilot episode
Fri, Apr 17 2015MotorWeek is an automotive institution in the United States. We all have to get our start somewhere though, and for the latest entry in the Retro Review series, the show is releasing its unaired pilot for the first time. Even today, the program isn't necessarily the most exciting thing on TV, but the modern incarnation looks like Top Gear compared to this original, very monotone attempt. The cars on display are more interesting from a historical aspect than actually being behind the wheel. MotorWeek puts the Chevrolet Citation and Ford Fairmont head to head. If you want to see progress in the auto industry, look here. The Fairmont manages a rousing 85 horsepower from a 3.3-liter inline six, and the Citation does only a little better with a 115-hp, 2.8-liter V6. The other highlight comes at the end when John Davis talks about the cars of the future. These include the upcoming introduction of the Ford Escort in the US and the mention of a possible gasoline-electric hybrid from General Motors. Given this pilot, it's amazing MotorWeek ever got the green light. However, if you're a fan of auto history, seeing the news from the past is always fascinating. News Source: MotorWeek via YouTube Chevrolet Ford Hatchback Classics Videos Sedan