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While Ford is losing billions and watching its market share shrink in the US, it is introducing really efficient cars in Europe, like the 63.6 MPG ECOnetic Diesel Fiesta. If Ford was to introduce this car in North-America, even at a loss, even in small numbers, it would help it regain momentum and credibility, kind of like how the Toyota Prius hybrid (over 1 million units sold) probably wasn't very profitable (if at all) at first, but it paved the way for what followed. Now of course Ford will respond that it is bringing the Fiesta to North-America. Just wait a year and a half (if all goes well). But by that time, will Ford be trying to catch up to plug-in hybrids (like the GM Volt, or the BYD F6DM and F3DM from China) or with electric cars (like Tesla's more affordable Model S, or Mitsubishi's i MiEV)? Even Google is... [read full story]

