Final thoughts Vitel Payday Nevertheless is not the case

Meanwhile, in Not-Bailed Out Auto Company News…

Ford is build­ing and expand­ing.  It’s going to be adding 1,200 posi­tions at a num­ber of Detroit-area plants as demand for their mid-range sedan, “Fusion” has taken off.

Ford is adding 1,200 work­ers to a sub­ur­ban Detroit fac­tory to build the Fusion, a sign of con­fi­dence that the revamped sedan will be a big seller.

Ford Amer­i­cas Pres­i­dent Mark Fields told work­ers at the Flat Rock plant Mon­day that the Fusion’s mar­ket seg­ment is grow­ing two times faster than the rest of the U.S. auto indus­try. The new Fusion goes on sale this fall.

Ford has only made Fusions in Mex­ico until now. But new labor con­tracts low­ered its U.S. costs, so Ford decided to add pro­duc­tion in the U.S.

Mean­while, GM is report­edly going los­ing nearly $50,000 per unit for every Chevy Volt sold.  I guess they’ll make it up in volume.

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