2011 Ford Explorer roaring out of the starting blocks

Bill Ford (L-R), Ford executive chairman, Chicago Mayor Richard M. Daley, Illinois. Gov. Pat Quinn, Jim Farley, Ford group vice president, Global Marketing and Canada, and Ford employees unveil the all-new 2011 Explorer at an event in Millennium Park in Chicago on July 26, 2010. The redesigned SUV includes safety features such as inflatable seatbelts, and over 30 percent better fuel economy than the current model Explorer.   UPI/Brian Kersey Photo via Newscom

Ford’s new 2011 Ford Explorer won’t go on sale until early next year but early signs are “all good” as orders are pouring in!

Ford Motor Co. has about 15,000 orders — about double its projections — for the 2011 Ford Explorer that isn’t slated to hit showrooms until the new year.

The preorders include about 3,000 retail orders, 7,500 dealer orders and more than 4,500 from companies, Ford officials say.

For the 2011 model year, the Explorer goes from its traditional body-on-frame truck roots to a reincarnation atop the underpinnings of the Ford Taurus, making it a more fuel-efficient crossover, compared to an SUV. Ford hopes the remake will spur a sales resurgence for a vehicle that was hugely successful before higher gasoline prices tamped down the demand for SUVs.

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Ford continues to make moves in China

Chinese workers assemble Ford and Volvo cars at a Chang'an Ford automobile assembly factory in Chongqing August 25, 2010. Chang'an Ford is Ford Motor Company's China car-making joint venture. China is the hottest auto market by number of vehicles sold, and automakers are looking to the country to drive revenues amid weak global demand.  UPI/Stephen Shaver Photo via Newscom

Ford Motor Co. may have got off to a late start in China but Mullay and Company aren’t sitting around now! The Blue Oval is adding 100 dealerships this year alone in China with more to come at a brisk pace. This is where the growth is going to come from for the global automakers and the gloves are off to and the bank vaults opened up to grab as many new customers as possible!

From AutoNews.com:

BEIJING — Ford Motor Co. is adding 100 dealers in China this year, mostly in smaller cities in inland provinces where new car demand is surging, the company said today.

The move, more aggressive than a previously announced plan, will bring the number of Ford dealers in China to 340 by the end of the year, up from an original target of 310, said Joe Hinrichs, president of Ford’s Asia and Africa operations.

The company plans to introduce four new models in China over the next few years, including the Ford Edge crossover next month.

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Hot Cars Destined to be Collectibles

CNN Money checks out the Cadillac CTS-V Coupe:

Base price: $62,165
Mileage: 14 City / 19 Hwy

Most new cars go on to become used cars and, eventually, high-grade scrap metal, but a few become sought-after collectibles.

The experts at collector car insurer Hagerty Insurance have picked these 10 models as most likely to attract future car collectors based on a handful of merits.

Collectible cars tend not to be those that were extremely popular in their own day. Most new car buyers have fairly mundane, practical needs. They aren’t after design flair, excitement or outrageous performance — the very attributes car collectors crave.

A prime example is the Cadillac CTS-V coupe, the most impractical Caddy on your dealer’s lot. With its radically chiseled body lines and 556-horsepower supercharged V8 this car is all about looks and performance. Your backseat passengers be damned.

Check out more of today’s new cars, tomorrow’s collectibles.

A Closer Look at GM’s Chapter 11 Restructuring

The GM you knew last year, at the core of the auto-industry meltdown doesn’t exist anymore. In it’s place is a much more trim and nimble GM that is poised for success. Today, with the help of our friends from the CarInsurance Blog we take a look at GM, before and after its restructuring.

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Fiat Commercial

With the upcoming launch of the Fiat 500 we now have the first Fiat television commercial in the U.S. since the early 1980′s. Things have been moving quickly at Fiat/Chrysler for the past 18 months which makes it hard to believe the Fiat 500 is actually ready to hit the ground. DashBoardNews and Bullz-Eye.com had a chance to view the car at the L.A. Auto Show and eagerly await an opportunity to drive the Fiat 500!

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