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Ford cuts 950 Russian jobs on weak demand

The Russian auto market, in decline for the past year and further hit by the declining value of the ruble and recent sanctions over its annexation of Crimea, has forced Ford to cut jobs and shifts at two of its joint venture plants there. Around 700 of the 2,700 total workers who build the Russian-market Focus and Mondeo will be cut at the plant in Vsevolozhsk, near St. Petersburg as it drops to a single production shift. A second plant about 700 miles away in Yelabuga, in the Tartarstan region, will lose 250 workers. That plant builds seven vehicles, including the Explorer, Kuga and Edge.
The Moscow Times says Ford has been especially hit by the market decline, the overall market losing 5.5 percent in 2013 compared to the year before, but Ford sales dropping 18 percent in 2013 year-on-year. This year isn't going any better, with The Blue Oval posting a 21-percent decline through the first two months of 2014. That's why, though the Yelabuga plant builds the CUVs that customers are moving into, even it is facing cuts.
The job cuts in Vsevolozhsk come on top four-week plant shutdown planned so that the paint and body shops can go to one shift. In a statement, the company said, "Ford Sollers remains absolutely committed to the Russian market and is confident it has the right product plan, people and assets to deliver long-term profitable growth."

2015 Ford F-150 to get 2.7-liter EcoBoost?

As we prepare for the arrival of the all-new, next-generation Ford F-150, rumors about the new truck are picking up steam. Naturally, many of said rumors aren't just related to the way the truck will look (it's expected to take design cues from the Atlas concept shown above), they're tied to what's going to motivate the Blue Oval mainstay, with Ford's EcoBoost range likely to play an increasingly key role. While we're still expecting the current 3.5-liter, twin-turbocharged V6 to retain its position as a premium alternative to Ford's naturally aspirated V6 and V8, a Canadian automotive news site is proposing that the Dearborn automaker is also preparing a new, more fuel-efficient downsized EcoBoost option.
Autos.ca is reporting that a new, 2.7-liter, twin-turbocharged V6 could find its way into the lighter, aluminum-intensive truck. The new engine supposedly makes use of asymmetrical turbos to generate 320 horsepower and 370 pound-feet of torque - substantially more impressive numbers than the current 3.7-liter base engine's 302 ponies and 278 lb-ft - while offering improved fuel economy and emissions. The new 2.7 EcoBoost (internally dubbed "Nano") isn't expected to supplant the naturally aspirated V6 as the F-150's base engine, it's expected to slot in above directly it.
Naturally, we're prescribing more than a few grains of salt to go with these rumors, at least until Ford debuts the next F-150 at the 2014 Detroit Auto Show, a reveal we'll be covering in a mere two weeks.

Honda poised for growth, Detroit to hold steady, Car Wars study says

The automotive industry is expected to keep booming in the US over the next several years, but the train might start running out of steam in the long term, according to 2015's Car Wars report from Bank of America Merrill Lynch analyst John Murphy. The forecast focuses on changes between the 2016 and 2019 model years, and the latest trends appear similar in some cases to the past predictions. Sales are expected to keep growing and reach a peak of 20 million in 2018, according to the Detroit Free Press. The expansion is projected to come from a quick pace of vehicle launches, with an average of 48 introductions a year – 26 percent more than in 1996. Crossovers are expected to make up a third of these, maintaining their strong popularity. However, Murphy predicts a decline, as well. By 2025, total sales could fall to around 15 million units. As of May 2015, the seasonally adjusted annual rate for this year stands at 17.71 million. Like last year, Honda is predicted to be a big winner in the future thanks to products like the next-gen Civic. "Honda should be the biggest market share gainer," Murphy said when presenting the report, according to Free Press. Meanwhile, in a situation similar to Car Wars from 2012, a lack of many new vehicles is expected to cause a drop for Hyundai, Kia, and Nissan. Based on this forecast, Ford, General Motors, and FCA US will all generally maintain market share for the coming years. The report does make some future product predictions, though. The next Chevrolet Silverado and GMC Sierra might come in 2019, which is earlier than expected. Also, Lincoln could get a Mustang-based coupe for 2017, a compact sedan for 2018 and an Explorer-based model in 2019, according to the Free Press. Related Video: News Source: The Detroit Free PressImage Credit: Nam Y. Huh / AP Photo Earnings/Financials Chrysler Fiat Ford GM Honda Lincoln Car Buying fca us