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    • By Drew Dowdell
      Ford is acknowledging the trouble prone Ford Powershift transmission and is extending the warranties on them.  The 6-speed transmission is a dual clutch setup meant to increase fuel economy in Ford's smallest cars.  While a solid idea on paper, customers reported a number of problems with them including slippage, hesitations while accelerating, jerkiness through the gears, difficulty downshifting, and premature wear on the clutch packs. 
      The extended warranty will cover 2014 - 2016 model year Ford Focus, and 2014 - 2015 model year Ford Fiesta and will increase the warranty coverage of the clutch from five years/60,000 miles to seven years/100,000 miles.  Ford will also reimburse customers in this group who have already paid for clutch repairs out of pockets.  The transmission control module will also be warrantied to 10 years/150,000 miles. 
      In addition to that, there is a small group of customers (16%) who need a software update which Ford will provide for free. 
      Affected customers will receive a letter from Ford with instructions on how to proceed.

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    • By Drew Dowdell
      Ford is acknowledging the trouble prone Ford Powershift transmission and is extending the warranties on them.  The 6-speed transmission is a dual clutch setup meant to increase fuel economy in Ford's smallest cars.  While a solid idea on paper, customers reported a number of problems with them including slippage, hesitations while accelerating, jerkiness through the gears, difficulty downshifting, and premature wear on the clutch packs. 
      The extended warranty will cover 2014 - 2016 model year Ford Focus, and 2014 - 2015 model year Ford Fiesta and will increase the warranty coverage of the clutch from five years/60,000 miles to seven years/100,000 miles.  Ford will also reimburse customers in this group who have already paid for clutch repairs out of pockets.  The transmission control module will also be warrantied to 10 years/150,000 miles. 
      In addition to that, there is a small group of customers (16%) who need a software update which Ford will provide for free. 
      Affected customers will receive a letter from Ford with instructions on how to proceed.
    • By Drew Dowdell
      Ford and GM, the U.S.'s top two auto manufacturers are bracing themselves for the worst.  They have been running economic modeling to determin the steps they would take given a medium or severe recession in the US and across global markets.  General Motors has a stockpile of $18 billion in cash while Ford has $20 billion saved up.
      GM is relying on deferring non-essential capital expenditures and a shift in production to lower cost vehicles as part of its plan to save costs in the event of a a strong downturn.  Ford says is is evaluating its future moves. 
      Fears of a recession have plagued Wall St. most of 2019 while a trade war with China rages on.  Higher costs of materials due to tariffs is adding to the pain of weak product demand in the U.S., China, and Europe.  In Germany, Europe's biggest economy, growth shrank by 0.1 percent in Q2 2019 as trade conflicts and auto industry troubles weighed heavily on the economy.  Both exports and lagging demand at home have put a strain on German automakers already looking to slash costs. 
      Today, a strong signal that a recession is looming appeared as the 10-year treasury yield dropped below the 2-year treasury yield while do Dow Jones Industrial Average sank over 450 points.  
      Related:
      Honda Slowing Production, Cutting Shifts
      Nissan Profit Plunges 99%; 12,500 Job Cuts Eminent
      Ford Europe Laying Off Another 12,000
      Daimler Books First Quarterly Loss in Ten Years

      View full article
    • By Drew Dowdell
      Ford and GM, the U.S.'s top two auto manufacturers are bracing themselves for the worst.  They have been running economic modeling to determin the steps they would take given a medium or severe recession in the US and across global markets.  General Motors has a stockpile of $18 billion in cash while Ford has $20 billion saved up.
      GM is relying on deferring non-essential capital expenditures and a shift in production to lower cost vehicles as part of its plan to save costs in the event of a a strong downturn.  Ford says is is evaluating its future moves. 
      Fears of a recession have plagued Wall St. most of 2019 while a trade war with China rages on.  Higher costs of materials due to tariffs is adding to the pain of weak product demand in the U.S., China, and Europe.  In Germany, Europe's biggest economy, growth shrank by 0.1 percent in Q2 2019 as trade conflicts and auto industry troubles weighed heavily on the economy.  Both exports and lagging demand at home have put a strain on German automakers already looking to slash costs. 
      Today, a strong signal that a recession is looming appeared as the 10-year treasury yield dropped below the 2-year treasury yield while do Dow Jones Industrial Average sank over 450 points.  
      Related:
      Honda Slowing Production, Cutting Shifts
      Nissan Profit Plunges 99%; 12,500 Job Cuts Eminent
      Ford Europe Laying Off Another 12,000
      Daimler Books First Quarterly Loss in Ten Years
    • By Drew Dowdell
      Cutting models from lineups seems to be the order of the day lately.  Automakers like Nissan, General Motors, and Mercedes Benz, are in the process of hatcheting the heck out their lineups. Now comes the news from BMW.
      BMW has been struggling to make money on vehicles less than €40,000, due to fears of another global recession, a marked slowdown in the automotive sector, and Trump inspired trade wars, BMW is looking to cull options and models from their lineup.  Gone will be many convertible variants, including the next Z4, the 2-series, 8-series (coupe and convertible). Also pushing up the daisies will be the 7-series standard wheelbase (Not offered in the US), the 1-series 3-door, the 2-series Gran Tourer, and 3-series GT.  Even the BMW X2 could get the scythe.  On the electric front, the i3 and i8 will be phased out due to their use of expensive carbon fiber, in place they will get much more conventional EV replacements, including a fully electric X3. 
      As far as Mini goes, Mini's future development is being handled by Great Wall Motors for the Mini three-door and 5-door. The Countryman is based on the X1. Mini's future is shaky as the brand continues to fail to bring up its sales numbers. It also has a great number of variants for a small brand, so expect to see some of those reduced. 
      It seems no brand is safe from the global automotive pull back. 

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