2013 Ford Focus Se Hatchback 4-door 2.0l on 2040-cars

Auto blog

Verizon buys Telogis in connected vehicle market push

(Note/disclaimer: We are owned by Verizon, by way of AOL. This gives us no inside track whatsoever when it comes to news.) With a lot of tech companies and automakers staking their claims in the connected car space, now there are signs that others are looking to move in, too. Today, telecoms giant Verizon announced that it is acquiring Telogis, a California-based company that develops cloud-based solutions for mobile workforces, and specifically telematics, compliance and navigation software used by Ford, Volvo, GM and other car companies, as well as Apple and AT&T. Financial terms of the deal have not been disclosed, although we'll try to find out. Considering that Verizon in 2015 reported full-year revenues of $131.6 billion, the price would have to be very high to be considered "material" and may not be made public for some time, if ever. Telogis in its time as a startup raised a substantial amount of money, just over $126 million in all, including $93 million in 2013, supposedly ahead of an IPO, all from Kleiner Perkins Caufield & Byers. Back in 2013 when KPCB made its investment (which was the first from a VC firm in the company), Telogis told TechCrunch it was profitable and forecasting revenues of $100 million annually for the year. It's not clear what size those revenues are now, but if it was on the same growth trajectory as before the funding, sales would be around $150 million annually, with profitability, at the moment. Other investors include some very notable strategics: the investment arm of General Motors, and Fontinalis Partners, which also invests in Lyft and was co-founded by Bill Ford, the executive chairman of the Ford Motor Company. Before the acquisition, Verizon actually had a business in fleet management and telematics; in fact, the two companies competed against each other for business from the trucking and other industries. Verizon Telematics, as the business is called, is active in 40 countries. But in a way, Verizon buying Telogis is a sign that the latter may have proved to be the more superior, and the one with the key customer deals.

Ford wins second consecutive International Van of the Year award with Transit Connect

The redesigned 2014 Ford Transit Connect isn't even on sale yet, but it's already making its presence felt around the world. At a commercial vehicle expo in Russia, the Transit Connect was named the International Van of the Year.
Ford's small work van edged out the new Mercedes-Benz Sprinter by just seven points to allow Ford to grab this honor for the second consecutive year, which it won last year with the Transit Custom. Not only does this make Ford the first to ever win the award in back-to-back years, but it's also the fifth time the automaker has won this award since 2003 (two with the Transit Connect, two with the fullsize Transit and once with the Transit Custom). Ford congratulates itself for the accomplishment in a press release posted below.

Hennessey Ford GT sets 267.6-MPH record at Texas Mile [w/videos]

The record-setting Hennessey-powered camouflage Ford GT we showed you at this time last year headed back to the Texas Mile and managed to bring home yet another record. As you may recollect, last year saw Mark Heidraker's machine sprint to a record 257.7 mph thanks to propulsion from its twin-turbo 5.7-liter V8. The big mill sucks down race gas, and this year the creation pulled off a 267.6-mph run over the weekend. That feat set a new record for the event. Something tells us neither Heidraker nor Hennessey are done squeezing more thrust from this machine.
This particular Ford GT has already gone through a number of permutations. Hennessey started by tweaking the factory supercharger set up before abandoning the blower in favor of two turbos. Since then, the crew has poked and prodded it to coerce as much grunt as possible out of the car. We expect Hennessey will probably come out with a video of the record-setting run shortly, but in the meantime, you can see a couple of videos of the car's runs in Texas below (one of which actually captures the record run). Enjoy.