0000037996-14-000034.txt : 20140624 0000037996-14-000034.hdr.sgml : 20140624 20140612164352 ACCESSION NUMBER: 0000037996-14-000034 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 5 CONFORMED PERIOD OF REPORT: 20140612 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20140612 DATE AS OF CHANGE: 20140612 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FORD MOTOR CO CENTRAL INDEX KEY: 0000037996 STANDARD INDUSTRIAL CLASSIFICATION: MOTOR VEHICLES & PASSENGER CAR BODIES [3711] IRS NUMBER: 380549190 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-03950 FILM NUMBER: 14907628 BUSINESS ADDRESS: STREET 1: ONE AMERICAN ROAD CITY: DEARBORN STATE: MI ZIP: 48126 BUSINESS PHONE: 3133223000 MAIL ADDRESS: STREET 1: ONE AMERICAN RD CITY: DEARBORN STATE: MI ZIP: 48126 8-K 1 a8-kdated6x12x2014.htm 8-K 8-K dated 6-12-2014





UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549




FORM 8-K


CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934


Date of Report: June 12, 2014
(Date of earliest event reported)


FORD MOTOR COMPANY
(Exact name of registrant as specified in its charter)


Delaware
(State or other jurisdiction of incorporation)



1-3950
38-0549190
(Commission File Number)
(IRS Employer Identification No.)
 
 
One American Road, Dearborn, Michigan
48126
(Address of principal executive offices)
(Zip Code)



Registrant’s telephone number, including area code 313-322-3000


Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:


[ ]    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ]    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ]    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act
(17 CFR 240.14d-2(b))
[ ]    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act
(17 CFR 240.13e-4(c))








Item 8.01. Other Events.

Our news release dated June 12, 2014 concerning fuel economy ratings for certain vehicles is filed as Exhibit 99 to this Report and incorporated by reference herein.



Item 9.01. Financial Statements and Exhibits.


EXHIBITS*

Designation
Description
Method of Filing
 
 
 
Exhibit 99
News release dated June 12, 2014
Filed with this Report
 
 
 







SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 
 
FORD MOTOR COMPANY
 
 
(Registrant)
 
 
 
Date: June 12, 2014
By:
/s/ Louis J. Ghiardi
 
 
Louis J. Ghilardi
 
 
Assistant Secretary











*
 
Any reference in the attached exhibit(s) to our corporate website(s) and/or other social media sites or platforms, and the contents thereof, is provided for convenience only; such websites or platforms and the contents thereof are not incorporated by reference into this Report nor deemed filed with the Securities and Exchange Commission.







EXHIBIT INDEX



Designation
Description
 
 
Exhibit 99
News release dated June 12, 2014
 
 
 
 




EX-99 2 exhibit99to8-kdated6x12x20.htm EXHIBIT Exhibit 99 to 8-K dated 6-12-2014


|
 NEWS
 
 
 
 
 
www.facebook.com/ford
www.twitter.com/ford

Ford Motor Company Lowers Fuel Economy Ratings
For Six Vehicles
 
Ford identified an error with fuel economy ratings for certain vehicles through its internal testing and notified the U.S. Environmental Protection Agency (EPA)

Ford worked with EPA as the agency retested the vehicles, which resulted in lower fuel economy ratings for Ford’s 2013- and 2014-model year hybrid and plug-in hybrid vehicles, as well as most 2014-model year Fiestas

The company apologizes to its customers, and will make goodwill payments to owners of the approximately 200,000 affected U.S. vehicles for the difference between the previous and revised ratings

Ford reviewed its entire line up to determine the vehicles that required further testing and revised the fuel economy ratings for the affected vehicles. No other fuel economy ratings adjustments are planned

DEARBORN, Michigan, June 12, 2014 Ford Motor Company announced today it is lowering the fuel economy ratings for its 2013- and 2014-model year hybrid and plug-in hybrid vehicles, as well as most 2014-model year Fiestas.

Ford identified an error with fuel economy ratings on certain vehicles through its internal testing and notified EPA. The company worked with EPA as the agency retested the vehicles to determine the correct fuel economy ratings.

“Ford is absolutely committed to delivering top fuel economy and accurate information,” said Alan Mulally, Ford president and CEO. “We apologize to our customers and will provide goodwill payments to affected owners. We also are taking steps to improve our processes and prevent issues like this from happening again.”

Ford reviewed its entire line up to determine the vehicles that required further testing and revised the fuel economy ratings for the affected vehicles. No other label adjustments are planned.

“This is our error. When we see an issue, we address it,” said Raj Nair, Ford group vice president, Global Product Development. “That is why we notified EPA and lowered the fuel economy ratings for these vehicles.”

Fuel Economy Testing
Fuel economy testing involves many factors. Ford’s error was specific to a factor called “Total Road Load Horsepower”, or TRLHP. TRLHP is a vehicle-specific resistance level used in vehicle dynamometer testing that determines fuel economy ratings. TRLHP is established through engineering models that are validated through vehicle testing, including physical track tests referred to as coastdown testing.


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For news releases, related materials and high-resolution photos and video, visit www.media.ford.com.





Use of these engineering models is a common industry practice, consistent with EPA regulations. These models normally are more reliable and consistent than physical vehicle tests, which can exhibit variability.

As an ongoing practice, Ford conducts tests on production vehicles to validate its engineering models. Based on coastdown testing of the Fusion Hybrid, the company found the TRLHP did not match the values used for the dynamometer testing.

Upon further testing, Ford also discovered an error specific to how we correlate wind tunnel results into the TRLHP model. Ford’s error was the result of a recent process change, which the company has since corrected.

Ford has now validated through physical vehicle testing the TRLHP for the vehicles affected by this error and also has instituted enhanced validation tests for future vehicles to prevent reoccurrence of this error.

New Fuel Economy Ratings and Customer Information
Ford has communicated to its dealers that new fuel economy labels will be available in approximately six days and that dealers may continue selling the vehicles until the new labels are received. 

Ford estimates that approximately 200,000 of these vehicles have been sold or leased to customers in the United States. Affected Ford and Lincoln owners and lessees in the United States will receive a goodwill payment for the estimated average fuel cost of the difference between the two fuel economy labels, as shown in the table below.

Affected U.S. fleet owners and affected owners outside of the United States will be contacted by their local Ford representatives.

Customers with questions can contact the Ford Customer Relationship Center at 1-866-436-7332 or visit: www.ford.com/mpglabel and www.lincoln.com/mpglabel.

U.S. EPA-Estimated Fuel Economy Label Ratings and Goodwill Payments*
Model Year
Vehicle
Powertrain
Revised
(City, Highway, Combined)
Previous
(City, Highway, Combined)
Lease Customers
 Purchase
Customers
2014
Fiesta
1.0L GTDI M/T
31 / 43 / 36
32 / 45 / 37 
$125
$200
1.6L A/T
27 / 37 / 31
29 / 39 /  32 
$150
$250
1.6L SFE A/T
28 / 38 / 32
30 / 41 / 34 
$275
$450
1.6L M/T
28 / 36 / 31
27 / 38 / 31
Combined MPG not affected
Combined MPG not affected
2013-14
C-MAX
Hybrid
42 / 37 / 40
45 / 40 / 43
$300
$475
Fusion
Hybrid
44 / 41 / 42
47 / 47 / 47
$450
$775
MKZ
Hybrid
38 / 37 / 38
45 / 45 / 45
$625
$1,050
Model Year
Vehicle
Powertrain
Revised**
(Charge Sustaining, Charge Depleting, EV Range)
Previous**
(Charge Sustaining, Charge Depleting, EV Range)
Lease Customers
 Purchase
Customers
2013-14
C-MAX Energi
Plug-in Hybrid
38 mpg / 88 MPGe+ /
19 mi EV range
43 mpg / 100 MPGe+ /
21 mi EV range
$475
$775
Fusion Energi
Plug-in Hybrid
38 mpg / 88 MPGe+ /
19 mi EV range
43 mpg / 100 MPGe+ /
21 mi EV range
$525
$850

*Bolded figures in the above chart represent the values used to determine the customer goodwill payment.
** Combined numbers only. Revised EPA-estimated ratings: 40 city, 36 highway MPG; 95 city, 81 highway MPGe. Charge depleting range is 20 mi. Previous EPA-estimated ratings: 44 city, 41 highway MPG; 108 city, 92 hwy MPGe. Previous charge depleting range was 21.
+MPGe is the EPA equivalent measure of gasoline fuel efficiency for electric mode operation.

# # #

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About Ford Motor Company
Ford Motor Company, a global automotive industry leader based in Dearborn, Michigan, manufactures or distributes automobiles across six continents. With about 183,000 employees and 65 plants worldwide, the company’s automotive brands include Ford and Lincoln. The company provides financial services through Ford Motor Credit Company. For more information regarding Ford and its products worldwide, please visit www.corporate.ford.com.

Contacts:
Said Deep
 
 
 
 
313.594.0942
 
 
 
 
sdeep@ford.com
 
 
 
    
        
        





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For news releases, related materials and high-resolution photos and video, visit www.media.ford.com.


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