Original Big Three carmaker to design little engine


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One of the U.S.' top automakers is downsizing (again), but this time, the company couldn't be more thrilled while many consumers are simply tickled green.

Ford ( F ) is designing a three-cylinder engine, which it calls EcoBoost, according to a press release. The Dearborn, Michigan-based automaker intends to have it available in nine of every 10 vehicles in its lineup for 2013.

"Consumers are telling us they want to buy affordable vehicles that get many more miles per gallon," according to Derrick Kuzak, global product development vice president for Ford. "Our new 1.0-liter EcoBoost engine will give consumers looking for hybrid-like fuel economy a new, more affordable choice."

As one of the original Big Three automakers, Ford is also manufacturing an eight-speed transmission, which could help the company meet its goal of producing a super-efficient car.

While the innovative transmission system will be manufactured in the U.S., Kuzak did not tell the Detroit Free Press where, nor did he say where the engine will be made. He also did not specify which models will take on the more energy efficient engine, though the most likely candidates are the Fiesta and the Focus.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: News Headlines Business
Referenced Stocks: F

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