1997 Ford F450 Super Duty Utility Service Truck 35k Runs Great Ready For Work!! on 2040-cars

Auto blog

EU formally questions French government assistance of Peugeot's finance arm

Recently, the finance arm of PSA/Peugeot-Citroën was in such debt trouble that it was pricing itself out of the car loan market. The rates it was paying to service its debt, which was rated one step above junk, were so high that it was forced to charge car-buying customers higher rates than they could find elsewhere. This was adding to Peugeot's already impressive woes by sending revenue out the door to competitors.
Two months ago a deal was worked out with the French government whereby the state would provide 7 billion euro ($9 billion USD) in bonds to guarantee the finance arm's loans. The French government could nominate someone to join the Peugeot board, Peugeot would guarantee more French jobs, and on top of that deal, other banks would provide non-guaranteed loans. The government would take no equity stake in the car company.
Although not yet finalized, the arrangement is meant to create some breathing room for Peugeot Finance to lower its interest rates for customers, and a government-nominated board member, Louis Gallois, was recently named to Peugeot's supervisory board. The arrangement was also openly questioned by at least three competitors: Ford, Renault - which is 15-percent owned by the French government after it received state aid - and the German state of Lower Saxony, itself a 15-percent shareholder in Volkswagen.

Ford Transit Skyliner Concept does discreet luxury in NYC

There's something to be said for luxed-out vans. They're cool, and as a means of getting chauffeured about, they're extremely comfortable and far more low key than your typical executive luxury sedan. For the 2014 New York Auto Show, Galpin Auto Sports has shown the potential of the new-for-the-US Ford Transit as an ultra-luxurious people hauler.
The Transit Skyliner Concept, which we previewed last week, sports four finely crafted captain's buckets that can be moved into different formations based on need. Want to watch a movie? The seats can be swung around to face a 52-inch screen. Riding along with some business associates? A table can be popped up. There's even a configuration for tailgating.
The materials are, unsurprisingly, pretty plush. The leather seats and wood floors (yes, wood floors in a van) look great, while the trunk and its customized luggage are a nice touch, as well.

Ford Focus Electric and ST recalled over lighting issue

Ford is recalling 6,308 units of the 2012 and 2013 Focus Electric and 2013 Focus ST that were fitted with HID headlights because a "wiring incompatibility" could keep the front side marker lights from working. A bulletin from the National Highway Traffic Safety Administration says the recall should begin in the middle of this month, after which owners can take their cars to dealers to have the wiring assembly repaired free of charge.
You can find more information in the NHTSA bulletin posted below.