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Ford wins second consecutive Engine of the Year with 1.0L EcoBoost [UPDATE]

For the second year in a row, Ford has taken top honors in International Engine of the Year voting. As was the case last year, it is Ford's 1.0-liter EcoBoost engine that earns the automaker the accolade, achieving the highest-ever accumulated score in the 15 years that the award has been handed out.
A panel of 87 automotive journalists from 35 countries are responsible for choosing the world's best engines, and this is only the third time an automaker has managed back-to-back victories. Voters were impressed by the "Baby EcoBoost" engine's power output - 123 horsepower between 1,400 and 4,500 rpm, 148 pound-feet of torque from 1,400 to 4,000 rpm - and its compact size; Ford has demonstrated that the package is small enough to fit in the overhead bin of a passenger airplane.
Currently, the 1.0-liter EcoBoost is offered in the European Fiesta, B-MAX, Focus, C-MAX and Grand C-MAX, and Ford plans to put the engine in the Transit Connect, Transit Courier, Tourneo Connect, Tourneo Courier, Mondeo and EcoSport in short order. In North America, the Fiesta will be the first vehicle to offer the 1.0L EcoBoost later this year.

Ford reports 58% drop in Q2 profits on European losses

Ford Motor Company announced Wednesday that it has posted a $1 billion profit for the second quarter of 2012. That sounds like good news for the Blue Oval, until you take into account that Ford posted a $2.4 billion profit for Q2 a year ago. That is a substantial 58 percent loss.
Ford also posted $465 million in international losses, with $404 million of those losses coming directly from Europe. The automaker also increased its European loss projections to $1 billion for 2012, due in large part to the economic crisis overseas, which has resulted in increased unemployment and decreased consumer confidence.

Ford builds Lightweight Concept with Fusion shell [w/video]

It's a fairly well known fact that removing weight from a car is essentially a panacea for many of the modern automobiles problems. Does it handle like crap? Remove weight. Underpowered? Don't add power; trim the fat. Need to improve fuel economy? It's diet time.
Actually executing a major weight reduction program, though, much like with human beings, is no easy task. Unlike you or I, where motivation is the issue, the prohibitive measure in trimming a car's waistline is money. Lightweight materials are expensive, with carbon fiber and carbon-fiber reinforced plastic still primarily in the domain of higher end vehicles. Even aluminum construction, pioneered on a mass-produced level by Audi and Jaguar, is only now starting to make its way into the mainstream, thanks to the upcoming Ford F-150.
With this concept, though, Ford is attempting to show that a mass-produced, lightweight vehicle isn't too far off. This is the Lightweight Concept, and while it may look like a Fusion, it weighs as much as a Fiesta. For reference, the lightest Fusion available to the public is the 3,323-pound, 2.5-liter model with a manual transmission. A manually equipped, 1.6-liter Fiesta, meanwhile, is just 2,537 pounds.