2014 Ford F150 Stx on 2040-cars

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Ford readying Ranger-based Everest SUV?

Way back in August, we showed you a Ford concept for the Australian market called the Everest. Now, we can show you that work on the new Ranger-based SUV is well under way.
At this stage, it's still quite clearly a mule (note the misalignment of the front and rear doors), wearing the Ranger's front end and the rump of Ford's overseas Territory crossover. The wheelbase is shorter than a Ranger, according to our spy photographers, which strikes us as somewhat odd for a more passenger-oriented vehicle. Disc brakes should be fitted at all four corners, while the new SUV, which will almost certainly wear the Everest name, should sport a new rear suspension.
In terms of looks, we're expecting the Everest Concept to inform the appearance of the production model. Naturally, there will also be some interior tweaks, particularly around the dashboard, which is covered in these photos.

2014 Ford Fiesta Titanium

You might not be interested in owning a subcompact (B-segment) hatchback for $20,000. Let's be clear from the get go here: there are any number of reasonable arguments for staying away from the highest-content versions of these small cars. Ford's player in the B-segment arena is the newly updated 2014 Fiesta, and the Titanium trim represents the most luxurious instantiation of the model. We recently were loaned a Fiesta Titanium for a week, whose final sticker price hit $20,390, with navigation being the only standalone option added to the bottom line. By way of comparison, the most basic version of the all new, one-segment-up Mazda3 hatchback costs $19,740 with delivery and destination accounted for, and no options added on.
Hold on to that thought for a moment, we'll get back to it.

Ford family keeps special voting rights

Ford Motor Company has a dual-class stock structure of Class A and Class B shares. The roughly three billion Class A shares are for the general public like you and me, while the roughly 71 million Class B shares are all owned by the Ford family. Each Class A share gets the shareholder one vote, each Class B share is worth 16 votes, the result being that Common Stock holders control about 60 percent of the company while the Ford family controls 40 percent even though it holds far fewer shares. The only way that could ever change would be if the Fords sell their Class B shares, but even so, Class B shares revert to Class A when sold outside the family, so they'd have to sell a whole bunch of them.
A contingent of Class A shareholders think the dual-class system is unfair, and for the past few years a vote's been held during the annual shareholders meeting to end it. It has failed every time, as it just did again during the meeting held this week. A smidge over 33 percent voted to end the dual system, outvoted by the 67 percent who are happy with the way Ford is going - unsurprising in view of a corporate turnaround that will be part of business-class curricula for years to come.
On the sidelines, Ford elected Ellen R. Marram to the post of independent director, the first woman to hold the job. The former Tropicana CEO and 20-year Ford board member replaces retiring board member Irvine Hockaday who helped bring Alan Mulally to the CEO position.