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Ford paying $750 million just to close plant in Belgium

According to a report from Reuters, Ford is shelling out $750 million in a severance deal that will see the automaker close its facility in Genk, Belgium. The automaker reached this deal with the 4,000 hourly workers employed at the plant last week, which means the company will pay out an average of $187,500 per worker.
Ford is still negotiating with the 300 salaried workers at the factory, which currently produces the Mondeo sedan. All told, Ford expects to lose around $2 billion in Europe thanks in no small part to the region's ongoing economic downturn, and two more plants are scheduled to be shut down in Europe this year. The company will log its $750 million payout under "special items" for this quarter.
As you may recall, Ford took a similar path in the US back in 2009 when the domestic market took a spill. Back then, the company shelled out around $50,000 per employee with at least one year of experience, plus either $25,000 toward a new car or an extra cash payment of $20,000. It would seem the cost of closing plants in Belgium is a much harder pill to swallow than in the States...

Alan Mulally talks about why Ford's Falcon had to die

When Ford made the decision to end production of the Falcon sedan and Territory CUV in Australia, it wasn't a popular move Down Under. The large, four-door Falcon had been in production for 50 years, and while Ford has reaffirmed its commitment to the Australian market, it's understandable that some people still aren't all that crazy about the Blue Oval's decision.
Speaking to CEO Alan Mulally after Ford's Go Further event in Sydney, Australian site Go Auto reports that the decision was not one made lightly, and that the automaker is doing everything possible to respect the Falcon and Territory's "stakeholders." It's an interesting piece that shows a softer side of a corporation, while demonstrating that Ford is doing everything in its power to make the end of production as smooth as possible for all parties.
Head over to Go Auto for the full series of remarks from Mulally, and then let us know what you think of Ford's handling of the Falcon and Territory discontinuations, in Comments.

2014 Ford Transit unveiled in Chassis Cab and Cutaway versions

As a leader in commercial vehicles here in the US, we knew Ford wouldn't take too long to show off the chassis cab and cutaway versions of its 2014 Ford Transit van. Set to go on sale this fall, Ford already revealed the full-body version of the Transit, and now it has pulled the cover off exposed-frame models just in time to to compete against the all-new Ram Promaster.
The term "chassis cab" refers to models with a fully enclosed cabin used for box vans or rental trucks, while cutaway models leave the cabin open behind the B-pillars for a pass-through on vehicles such as Class C motorhomes or ambulances. Both will offer three wheelbase options (138, 156 and 178 inches), the choice of single or dually rear axles, and plenty of upfitter-friendly touches including a pre-wired body harness and multiple body mount locations.
The new design will also help make upfitting a little easier since the fuel filler is now built into the cab (just behind the driver's door). Those integrated fuel filler necks will serve to feed either a 3.7-liter V6, a 3.5-liter EcoBoost V6, or a 3.2-liter Power Stroke diesel. Transit chassis cab and cutaways will wear varying Gross vehicle weight ratings from 9,000 pounds to 10,360 pounds depending on spec.