Ford Motor (F) emerged from a turbulent year as the only one of Detroit's Big Three auto makers not to file for bankruptcy or take federal bailout money. The company added more feathers to its cap Monday by sweeping two industry awards. It's Fusion Hybrid mid-sized sedan was named 2010 North American Car of the Year, while its Transit Connect fleet vehicle took truck of the year.The awards are among the first orders of business at the North American International Auto Show in Detroit, which began press previews Monday. Sixty-one auto makers are showcasing new cars and technology at the U.S.'s premier auto show, which opens to the public Saturday and runs through Jan. 24.
New model debuts are of course the things of which new-car shows are made, and Ford will debut two new versions of its Focus subcompact car, including an all-electric, zero emissions version to be built in Michigan, according to Edmunds.com. The Dearborn, Mich.-based company will also unveil the newest version of the Focus, due for the 2012 model year. The new Focus will be equipped with a new two-liter four-cylinder engine and six-speed automatic transmission that is expected to exceed the current model's 35 miles per gallon highway estimate, although Ford hasn't yet revealed mileage figures for the new model.
Get the latest news from the Detroit auto show on Autoblog.
Introduction to Preferred Shares
Learn the difference between preferred and common shares.View Course »