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Plethora of 2015 Ford F-150 customs runs the gamut at SEMA

Of Ford's customized trucks, two feature the name of famous Ford racers.
Of all the OEMs making appearances at the 2014 SEMA show, Ford owns arguably the most significant group of vehicles, thanks to its new 2015 F-150 and Mustang. While you can look for our Mustang coverage soon, we've managed to sneak out and get snaps of some of a few of the F-150s on display at the company's sprawling, 20,000-square-foot display (look for even more aftermarket F-150 goodness in the coming days).

2016 Ford Mustang SVT hides big power under its domed hood

With a number of 2015 Ford Mustang versions finally available to configure, the fun of speculating about next year's high-performance 'Stang can now begin. It looks like Ford has something seriously fun planned too. One of our spy photographers just snapped some fresh pics of the 2016 Mustang SVT, which is believed to be hiding the final body shape under all of that heavy camouflage.
Ford clearly doesn't want prying eyes looking at its new pride and joy. It would be hard to put much more obfuscation on a car than this one wears - it even has mesh baffles around the exhausts to conceal how many there are and panels over the wheels to hide their design. However, the Blue Oval can't keep everything a secret. The biggest clue that something special is hidden underneath is the massive hood bulge and vent in front of it. Clearly, whatever is under there is hungry for cool air. The shape of the camo indicates that there may be fender vents on each side, and there are also obscured outlets behind the front wheels likely to pull cool air through the brakes. At the rear, the concealment does its job, making it hard to observe any big changes. The fact that Ford wants it kept such a secret might indicate something, though.
A few photos of the interior show far less cover than the outside. You can easily make out the model's 6,500 rpm redline with a possible 7,000 rpm over-rev function. The big Recaro sport seats also look quite supportive.

Ford 2Q profit drops 86% as it restructures overseas

DEARBORN, Mich. (AP) — Ford's net profit tumbled 86% in the second quarter due largely to restructuring costs in Europe and South America. Net income for the April-through-June period dropped to $148 million, or 4 cents per share. Without the charges the company made 28 cents per share. Revenue was flat at $38.9 billion. On average, analysts surveyed by FactSet expected earnings 31 cents per share on revenue of $38.49 billion. Chief Financial Officer Tim Stone says the company had charges of $1.2 billion as it moved to close factories in Europe and South America. He says Ford already is seeing an impact from its global fitness measures that included a reduction of 7,000 white-collar workers. Ford, which released numbers after the markets closed Wednesday, says its results include a $181 million valuation loss on an investment in a software company, trimming 4 cents off adjusted earnings per share. Its stock fell 6.3% in after-hours trading to $9.68. Stone said Ford is in the early stages of its restructuring, but already is seeing improvement in some regions. Free cash flow also improved by 80% to $2.1 billion in the first half of the year, he said. "We're already starting to see some early benefits," he said. "A lot of work to do." The company expects improvement in the second half of the year as more new big SUVs hit dealerships and more of the restructuring takes hold. Ford on Wednesday forecast pretax adjusted earnings of $7 billion to $7.5 billion for all of 2019, compared with $7 billion last year. The company previously had only said that pretax earnings would improve. Full-year adjusted earnings per share are forecast to be $1.20 to $1.35, up from $1.30 in 2018. Previously it did not give per-share guidance. Ford's U.S. sales fell nearly 5% in the second quarter, according to the Edmunds.com auto pricing site, as the company exited most of its passenger car business. But Stone said sales of the new Ford Ranger small pickup offset much of that as its share of the small truck segment rose 14%. Edmunds, which provides content for The Associated Press, said Ford's average vehicle sale price rose 2.8% to $41,328 during the quarter. In North America, Ford's biggest profit center, pretax earnings fell 3% to just under $1.7 billion, which the company blamed on switching its Chicago factory to build new versions of midsize SUVs.