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Ford to cut Australian manufacturing in 2016

Ford Motor Co., saddled with high costs, falling sales and financial losses, will close Australian car and engine assembly plants in October 2016 after almost nine decades of manufacturing in the country. Ford, the smallest of the country's three manufacturers after Toyota Motor Corp. and General Motors, will shut its assembly plant in Broadmeadows in northern Melbourne and an engine plant in Geelong to the west of the city, Ford Australia CEO Bob Graziano said.

Fisker Automotive lays off some workers as government reworks loan

Work on the Fisker Nina family sedan has temporarily halted at the Fisker Automotive plant in Wilmington, Del., while the carmaker and the federal government hash out details of the company's $529 million Department of Energy loan. The interruption has resulted in the layoff of 26 people at its Delaware plant and a number of contract engineers at Fisker's Anaheim, Calif., headquarters. Fisker Automotive said some of the engineering-staff reductions in Anaheim were already planned to occur in between development of the Karma and the Nina.

Ford Mondeo ECOnetic averages 101mpg from Helsinki to Oslo

Ford Mondeo ECOnetic Economy Record A Ford Mondeo ECOnetic has averaged 101.25mpg on a 1576 mile drive from Helsinki to Oslo, a new European record. The official fuel economy figures car makers quote are, to a great extent, the stuff of fiction; designed to deliver the best possible results in official testing but with little relevance to the real world. But the fact the official figures can be achieved does mean, driving style permitting, that extraordinary feats of economy can be demonstrated by modern, fuel efficient cars.