Ford Drops $1.6 Billion on Midwestern Truck, Transmission Plants

You can’t get your hands on the gear-iest transmission in the land without throwing some money around first.

Ford Motor Company announced today that it will spend $1.4 billion to produce their new 10-speed automatic for future F-150s, and invest $200 million into large truck production at its Ohio Assembly Plant.

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  • Clay Toyota Land Cruiser FJ60 had manual choke through 1987.Also, just started daily driving my 1992 Volvo 240 that I picked up in September and brought back to the road. Some fresh studded tires + RWD, bring on the snow!! Old Volvos make me smile
  • Lou_BC My son already has a Scout EV. Well, okay, RC....
  • The Oracle I was in WNY when this went down and it is likely a medical issue and/or some type of rolling domestic. That car was flat out with air bags deployed before it even left the ground. It was a spectacular wreck. The couple made a 7-minute stop at the Seneca Niagara Casino before the fiery launch, and something went terribly wrong in those 7 minutes.
  • Lorenzo A union in itself doesn't mean failure, collective bargaining would mean failure.
  • Ajla Why did pedestrian fatalities hit their nadir in 2009 and overall road fatalities hit their lowest since 1949 in 2011? Sedans were more popular back then but a lot of 300hp trucks and SUVs were on the road starting around 2000. And the sedans weren't getting smaller and slower either. The correlation between the the size and power of the fleet with more road deaths seems to be a more recent occurrence.