1956 Ford Fairlane Hardtop on 2040-cars

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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...

Does the new 2015 Ford Mustang have a burnout control system?

Whether it's lane departure warning, blind-spot monitoring or automatic emergency braking, most of the electronic systems we see emerging on new vehicles focus on safety. But there are some there just for enthusiasts. We're talking about systems like automatic throttle blipping for perfect downshifts, or launch control to get that textbook acceleration from a standstill. But the latest system could prove just the opposite of the latter.
Although it has given us most of the details, Ford is still keeping certain elements of its new Mustang secret. But emerging reports may have the skinny on one system which Ford is trying is darnedest to keep under its hat for the time being. That, according to unnamed sources cited by Motor Authority, is burnout control.
The system is reportedly designed to help novices execute the perfect smokey burnout - sort of like launch control, but specifically the opposite. The system could, according to elaborative speculation, lock the front brakes while spooling up the engine to optimal revolutions before dumping (or indicating the driver to do dump) the clutch. A cloud of tire smoke and a long pair of skid marks would then ensue.

Ford GT40 makes historic return to racing at Goodwood

Is there a more iconic, American racecar than the Ford GT40? That may be a discussion for another day (although by all means, tell us how wrong we are in Comments), but this video of heaps of GT40s running in the Goodwood Revival races certainly has us thinking that Ford's Ferrari-killer might just be the best racer the Land Of The Free and Home Of The Brave has ever come up with.
That's completely ignoring the fact that the GT40 was largely developed by Brits using American money, but that's besides the point (there was also a rather brash Texan, who had a big role later in development). The resulting vehicle was dominant, besting the cars of Il Commendatore from 1966 to 1969, although it should be noted that Ford's GT40 was unable to beat Ferrari in its first two Le Mans outings in 1964 and 1965.
Those four years of dominance, which started with Ford sweeping the podium, were enough to establish the GT40's legend. And now, here we are almost 50 years later, celebrating the mid-engined monsters at Goodwood, in their first ever one-make race. Take a look below for the entire video.