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2015 Ford Mustang revs it up at Cars & Coffee

Just because the new 2015 Ford Mustang has officially been released, you didn't think that would be the end of the matter - did you? Of course not. There'll still be plenty of rumors, reports and video footage to bring you. Like this, the first non-official footage of the new pony car in the wild.
Shot by YouTube user SotA1080 and dug up by our friends at CarBuzz, this clip shows the new Mustang posing for photos (alongside other Mustangs) and starting up its engine at the most recent gathering of Cars & Coffee in Irvine, CA. And this being the GT model, it's not packing the V6 or the turbo four, but the red-blooded 5.0-liter V8 that tells us and enthusiasts worldwide that the new Mustang has not lost its way. Scroll on down to watch the footage for yourself.

Ford to announce Mulally retirement, Fields CEO as early as May 1

Ford CEO Alan Mulally may be about to announce his long-rumored retirement from the Blue Oval, according to a pair of insiders who spoke to Bloomberg. An official statement on the succession could arrive as soon as May 1. Chief Operating Officer Mark Fields is rumored to step up as the new CEO. The company is said to be readying the announcement soon to ensure an orderly transition of power, according to the insiders.
Mulally's retirement from Ford has been a hot topic for a while. He was seriously rumored last year to be leaving the automaker to take over as the CEO of Microsoft. The board even said at one point that it was okay with them if he stepped down early. However, the CEO maintained he would stay with the business through at least the end of 2014. Fields has been rumored as a frontrunner to take over the top spot at the company since he was promoted to COO.
For the moment, Ford isn't officially confirming any of these plans. "We don't comment on speculation. We do have succession plans in place for our key leadership. We take succession planning very seriously," said Susan Krusel, Ford Global News Manager, to Autoblog.

2015 Ford Focus ST zooming toward Goodwood reveal [w/video]

Ford has quite a party ready for the Goodwood Festival of Speed starting on June 27. Not only is the 2015 Mustang going to be driving in front of the European public for the first time, the Blue Oval is also unveiling its 2015 refresh for the Focus ST.
Official details about the latest Focus hot hatch are practically nonexistent at this point. Ford's teaser image shows narrower headlights, and the company says that the ST also benefits from the technical and quality improvements from the refreshed standard model, which likely means an even more Aston-Martin-like grille. However, any improvements for the power or handling are a mystery for now.
Ford will even give visitors to the festival the chance to drive the new ST - at least virtually. Gran Turismo 6 kiosks will be on hand with the hot hatch loaded up to race the Goodwood Hill Climb. There will also be real-time races between former Stig Ben Collins in the real ST challenging a player up the hill in the game.