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Ford reports 58% drop in Q2 profits on European losses

Ford Motor Company announced Wednesday that it has posted a $1 billion profit for the second quarter of 2012. That sounds like good news for the Blue Oval, until you take into account that Ford posted a $2.4 billion profit for Q2 a year ago. That is a substantial 58 percent loss.
Ford also posted $465 million in international losses, with $404 million of those losses coming directly from Europe. The automaker also increased its European loss projections to $1 billion for 2012, due in large part to the economic crisis overseas, which has resulted in increased unemployment and decreased consumer confidence.

2014 Roush Stage 3 Mustang

Up until now, it's been some years since I managed to get behind the wheel of the hot Mustangs tuned by the folks at Roush Performance. My memories of those vehicles are fond, as the Roush up-fits usually make for better-driving examples of the iconic Ford pony, with better-tuned suspensions, excellent short-shift kits and, of course, huge additions of power. The wake-your-neighbors aural characteristics of these cars have been nothing short of outstanding, too.
But in the years since my last experience with the Roush formula, Ford's own development team has churned out some pretty potent 'Stangs. We currently live in a world where the Blue Oval will sell you a Mustang with 662 horsepower from the factory, and the recently departed Boss 302 remains one of the best Mustangs - and best sports coupes - the Autoblog crew has ever driven.
So with great-driving and hugely powerful Mustangs coming straight off the line at Ford's Flat Rock Assembly Plant, does the Roush package still offer that extra special something to make it stand out? I spent a week with a Stage 3 coupe to find out.

Ford dissects the heart of the 2015 Mustang, its engine range

Happy Mustang Day. Are you tired of hearing about the 2015 Ford Mustang yet? No? Good, here's a bunch of mechanical data on Ford's sixth-gen muscle car, along with cutaways of the GT's 5.0-liter V8 and the new 2.3-liter, EcoBoost four-cylinder shown above. We also have a smattering of info on the Stang's updated transmissions and an exploded-parts-diagram view of its all-new independent rear suspension.
Ford is set to make waves offering the Mustang with a turbo for the firs time since the small-volume SVO of the 1980s. Displacing 2.3 liters, the engine's twin-scroll turbo should help the four-cylinder turn out a projected 305 horsepower and 300 pound-feet of torque, while also returning the best fuel economy in the Mustang's engine lineup. As we said in our Deep Dive, the EcoBoost will be slotted in as a premium engine, above the 3.7-liter V6 but below the 5.0-liter V8.
Speaking of that high-revving eight-cylinder, it's receiving a new cylinder head with high-flow ports. The intake and exhaust valves are larger and the cams have been replaced, among other tweaks. It should rev even higher thanks to a rebalanced crankshaft and forged connecting rods. Ford is still claiming a projected 420 hp and 390 lb-ft, although as many of the changes for the 2015's V8 come from the 2013 Boss 302, we're going to assume there's some sandbagging at work.