1970 Ford Mustang Shelby Gt 350 on 2040-cars

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Ford looks to space robots to improve car-to-car communications [w/video]

Ford has partnered with St. Petersburg Polytechnic University for three years to research various kinds of connected vehicle communications. The university tie-up is part of its study of space robots, NASA systems created to enable space-to-Earth communication, and the university's own development of systems that enable communication between the International Space State and Earth.
The objective is for Ford to engineer layers of robust networks and redundancy systems that will allow your car to speak to other cars, to emergency vehicles, to infrastructure like traffic lights and buildings, and to the cloud. Benefits would come in just about every area of transit, from avoiding accidents, to getting medical workers to an accident more quickly, to improving the flow of traffic during rush hour.
Check out the press release below for details on what Ford wants to learn from the JUSTIN Humanoid and NASA Robonaut R2, and a video of technical leader Oleg Gusikhin discussing his interest in the project.

'Blood Muscle' auction to sell impressive collection of ill-begotten classic cars

The old saying goes that if you can't do the time, don't do the crime. But being a criminal can involve more than just taking a trip to the big house; it can also mean losing possessions purchased from any ill-gotten gains. Still, one man's loss is another's gain, and if you're in Lodi, NJ, on September 12, you stand the chance to buy some of the ultimate muscle cars from the US Marshals in what is being gruesomely nicknamed the Blood Muscle auction.
The grisly moniker was earned because all of the vehicles belonged to the president of a blood testing company who is facing prison time for alleged bribery, according to Hemmings. After all, they are muscle cars bought with actual blood money. The seven-vehicle collection includes some of the ultimate muscle cars ever made, and the original buyer clearly had an eye for rarity.
This cornucopia of V8 power includes a teal 1970 Ford Mustang Boss 429, a 1967 Shelby GT500 Mustang, an orange 1970 Plymouth Superbird, a 1970 Chevrolet Chevelle SS convertible and perhaps most prized of all - a trio of 1969 Yenko Chevys with a Chevelle, Nova and Camaro all represented. From the included photos, all of them look to be in fantastic condition.

Ford reports 58% drop in Q2 profits on European losses

Ford Motor Company announced Wednesday that it has posted a $1 billion profit for the second quarter of 2012. That sounds like good news for the Blue Oval, until you take into account that Ford posted a $2.4 billion profit for Q2 a year ago. That is a substantial 58 percent loss.
Ford also posted $465 million in international losses, with $404 million of those losses coming directly from Europe. The automaker also increased its European loss projections to $1 billion for 2012, due in large part to the economic crisis overseas, which has resulted in increased unemployment and decreased consumer confidence.