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Ford gets out of car subscriptions, sells Canvas to rival Fair

Ford says it’s selling its Canvas subscription service to competitor Fair, getting out of the subscription game after less than three years. Terms of the deal were not announced. Ford acquired Canvas in 2016 as a wholly-owned subsidiary based in San Francisco as a service to pilot subscriptions to Ford and Lincoln vehicles, eventually rolling out to Los Angeles and Dallas. The company said it had amassed around 3,800 subscribers in that time, who will have the opportunity to join Fair when their current subscriptions end and will receive more information from both subscription companies. But that number pales in comparison with Santa Monica, California-based Fair, which claims more than 45,000 subscriptions in 30 markets since launching in 2017. Ford was always fairly quiet about Canvas, and Automotive News last year reported that Lincoln executives expressed surprise over soft demand, saying that subscribers were looking for short-term solutions and often dropped out after just a few months. Ford is also in cost-cutting mode under CEO Jim HackettÂ’s $11 billion restructuring plan. The Blue Oval joins Cadillac, which put its $1,800-a-month Book By Cadillac subscription service on ice late last year, citing higher costs and fewer customers than expected. Cadillac has pledged to eventually relaunch the service as a pilot in select cities, but mumÂ’s been the word since. More recently, VolvoÂ’s Care by Volvo subscription service has come under scrutiny from dealers and an investigation from the California Department of Motor Vehicles and has made changes to its program. Thought it also has added the XC60, XC90 and V60 to the list of available vehicles. Fair touts itself as a “commitment-free” solution, with all-inclusive plans covering 24-7 roadside assistance, routine maintenance, insurance and other perks. It uses a mobile app to get customers prequalified, and it analyzes their eligibility and targets an affordable range of monthly payments. Customers then shop for cars and sign up for one via an initial payment that ranges by vehicle type, with the ability to keep the cars as long as they want and drop the service at any time. It peddles used cars from more than 30 different brands, none more than six years old or with more than 70,000 miles on the odometer. Fair on Tuesday announced it has raised $500 million in loans from a group of creditors, including Mizuho Bank and Japan's SoftBank, as it looks to expand its leasing services to Uber drivers.

Second trailer for 'Ford vs. Ferrari' hints at a good racing drama

The second trailer for the movie "Ford vs. Ferrari" just dropped, and ooooh, the movie that director James Mangold calls "Butch and Sundance in the world of racing" is looking good. We previously covered Entertainment Weekly's sneak peak into the film, and we've also included the first trailer, below, in case you missed it. The new trailer, above, focuses on Ford's motivation to get into the race, which was Enzo Ferrari backing out of a deal to sell his car company to Ford when Ferrari realized Ford wouldn't let him run Ferrari's racing department the way he wanted. And with Enzo's flair for final words, he apparently sent Ford emissary Lee Iacocca off with various insults of Ford's cars, factories and CEO. The second trailer lays into the battles within Ford over the GT40 program, specifically the clashes of ego and temperament between Henry Ford II, GT40 impresario Carroll Shelby, star driver Ken Miles, and various Ford Motorsport functionaries. At one point, Henry Ford II mentions to Carroll Shelby that Ford Motor Company knows how to go to war, referring to the battle with Ferrari. Based on the trailer, the more pressing matter might have been getting everyone to stop waging war on everyone else. The second trailer is below. The film, based on an original screenplay, stars Tracy Letts as Henry Ford II, Matt Damon as Carroll Shelby, Christian Bale as Ken Miles, Caitriona Balfe as Mollie Miles, and Jon Bernthal as Lee Iacocca, and is due in theaters Nov. 15. If the movie ends up turning you off, though, you can hang out for the television series about the same events, to be based on A.J. Baime's book, "Go Like Hell." This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.

Ford to update Sync, MyFord Touch software... again

Ford hasn't had the best luck with its MyFord Touch and Sync systems, as the finicky infotainment system has been subject to a critical whooping while customer issues have helped sink Ford's IQS scores. The automaker has made a concerted effort, though, to try and fix MyFord Touch. And while the results have been mixed, The Blue Oval is hoping its latest free update, set to go live next week, will make things better.
According to a report from The Detroit News, the new system promises streamlined voice commands with fewer levels between opening query and actual result. Ford is also addressing where certain options are selected on the touchscreen. Rather than working one of the four quadrants on the homescreen, users will be able to select anywhere within the quadrant to make adjustments.
While it might only be a band-aid for MFT's problems, the fact that Ford is still trying to improve it is a promising sign. It's going to take more than just this update to address the system's ills, though.