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On December 19, 2008, Fitch Ratings downgraded the Issuer Default Rating of General Motors and Chrysler to "C", indicating "default is imminent". [101] A December 22, 2008, article from Bloomberg reported that General Motors and Ford "had their debt cut further below investment status by Standard & Poor's and Moody's Investors Service.
Ford Explorer marketing manager Glen Burke compared the Explorer and the Ironman Triathlon; noting that both had the same attributes of strength, endurance, and passion. The Explorer Ironman debuted on June 25, 2006, for the 2007 model year was an interior and exterior appearance package for the XLT trim.
Another factor that helped maintain this momentum was an increasingly improving brand awareness, attributable to the introduction of the country's own luxury vehicles such as the Hyundai Genesis and Hyundai Genesis Coupe, which received highly positive awards in the press and reviews. Hyundai's brand grew by 9% in 2008, surpassing Porsche and ...
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The Ford Explorer Sport Trac (also shortened to Ford Sport Trac) is a pickup truck that was manufactured and marketed by Ford Motor Company for the North American market. The first mid-sized pickup truck produced by Ford, the Sport Trac was marketed from the 2001 to the 2010 model years (skipping the 2006 model year).
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First offered for sale in March 1990, [23] the first-generation Explorer had one of the lowest fuel-economy ratings of any SUV sold in the United States, due at least in part to Ford's recommended tire pressure. While designing the second-generation Explorer, Ford made two changes to reduce weight and improve fuel economy.