Ford Restructuring

Ford Motor Co.'s CEO Alan Mulally told analysts of Wall Street that the company is restructuring ahead of schedule. The restructuring move is anchored on its goal to consolidate global design and engineering operations. Mulally has outlined a plan to merge various regional Ford divisions around the globe into a one global Blue Oval brand. Ford exec hinted that there are actually six or seven different brands scattered around the world - each of them has their own product lineup.

Toyota Camry wins 2007 Car of the Year

Not much of a surprise for most people and perhaps for dozens of other car and vehicle fanatics. Sure, the Toyota Motor Corporation’s Toyota Camry has once again been recognized to be quite a remarkable car. This time, the recognition comes from the Motor Trend magazine and it gave the Toyota Camry the Car of the Year award for 2007.

The  Camry was up against various car models. In fact, it had to go through close scrutiny and it had some other twenty seven other vehicle models to compete with.

Recalls by Ford and Chrysler

According to the United States’ government’s NHTSA, there would be three separate auto recalls that are ongoing right now. In fact, they had estimated that there would be around 130,600 vehicle units that are going to be affected by the previously mentioned recall. That would be quite a huge amount and that would also mean that there would be some 130,600 vehicle owners who would have to go through undue stress because of such recalls. But this would be in the case of safety and performance of the vehicle, and not just some simple replacement of things like Ford Custom 500 parts.

Out of the 130,600 vehicles that are being recalled, a huge portion of that whole is actually vehicles from  Chrysler. This is still in accordance to the statement given out by the NHTSA. However, the other small part left behind does belong to the financially unstable Ford Motor Company.

For Chrysler, they would be taking back some 127,928 units of Chrysler Pacificas which were manufactured as part of the model years 2005 and 2006. The Chrysler Pacifica is a crossover vehicle and the problem with them is that they have been manufactured with fuel pump modules and powertrain control module software that can be quite dangerous for some. In fact, these can actually allow the engine to stall during some condition types and in the process lead to a crash without much warning to the driver. During the mentioned recall, the company would be the one to shoulder costs with regards to reprogramming both software. The fuel pump module on the Chrysler Pacifica would also be replaced.

Other vehicles to be recalled include the Chrysler Sebring which is a sedan. There would be 2258 units of these to be recalled and the list would include those that were produced for the 2007 model year.

As per the Ford Motor Company, they would be taking back 422 units of the Ford Crown Victoria and the Mercury Grand Marquis. Only those that were from the 2007 model year would be recalled.