1928 Ford Model A Sedan Channeled Chopped Rat Rod Hot Rod on 2040-cars

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Just in time for the holidays, Snowkhana 3 is here

The gift list for the 12 Days of Christmas is frightfully heavy on birds, so surely no one will mind if we sub out the three French hens for Snowkhana 3. Ford of Europe is back with another stop-motion video that – like versions one and two – throws a 1:64-scale Ford Fiesta in Ken Block livery around a fabulous world of action figures and make believe. This year's video "drives rings around some of the biggest YouTube hits," so those of you who've lost years of your lives to the greatest distraction since the human navel can put your knowledge to use. For anyone else just catching up, we'll help you get rolling: the opening Snowkhana scene channels Stalking Cat. You'll find the rest of your holiday homework in the video.

2015 Ford Mustang renders reveal look of the real thing

This is, according to the pony-car obsessed kids over at Mustang6G.com, the closest, most accurate rendering of the new, 2015 Ford Mustang to date. Artis Chazcron used a combination of Ford CAD images and information from assorted spy shots to assemble a fairly handsome car, albeit one that conforms to the tired cliché of being more evolutionary than revolutionary.
Now, it's very important to note that these are still speculative renders, and that they only represent the base car - that could explain the lack of the Mustang's vestigial side scoops, along with other, newer styling cues that Mustang6G seems to think will arrive on production models. Those items include a new, double-bubble roof, although the Mustang aficionados claim that even if it were present, it'd barely be visible from these angles.
The front end is pretty spot on, compared to what we've seen from earlier spy shots, while the tail, with its interesting light design is something new. The louvered taillights look quite different from the current version, obviously, though Mustang has gone the whimsical route with taillights before. Also, note the new rear diffuser uses an integrated reverse light and rear foglight, the latter of which is required for sale in Europe.

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.