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Ford family keeps special voting rights

Ford Motor Company has a dual-class stock structure of Class A and Class B shares. The roughly three billion Class A shares are for the general public like you and me, while the roughly 71 million Class B shares are all owned by the Ford family. Each Class A share gets the shareholder one vote, each Class B share is worth 16 votes, the result being that Common Stock holders control about 60 percent of the company while the Ford family controls 40 percent even though it holds far fewer shares. The only way that could ever change would be if the Fords sell their Class B shares, but even so, Class B shares revert to Class A when sold outside the family, so they'd have to sell a whole bunch of them.
A contingent of Class A shareholders think the dual-class system is unfair, and for the past few years a vote's been held during the annual shareholders meeting to end it. It has failed every time, as it just did again during the meeting held this week. A smidge over 33 percent voted to end the dual system, outvoted by the 67 percent who are happy with the way Ford is going - unsurprising in view of a corporate turnaround that will be part of business-class curricula for years to come.
On the sidelines, Ford elected Ellen R. Marram to the post of independent director, the first woman to hold the job. The former Tropicana CEO and 20-year Ford board member replaces retiring board member Irvine Hockaday who helped bring Alan Mulally to the CEO position.

Ford Transit Skyliner Concept is a Gulfstream for the road

If you are afraid to fly or just want to arrive at your ultimate destination in absolute comfort, then the Ford Transit Skyliner concept might be the perfect vehicle for you. Built by Galpin Auto Sports and based on a 2015 Transit, the van is basically a private jet on wheels. It even has a touch of Transformers about it with the ability to switch between four modes by pressing a button in a smartphone app.
Based on the long wheelbase, high-roof model with 487 cubic feet of cargo space and 6 feet, 9.5 inches of interior height, the Skyliner has movable captains chairs that shift around among four modes. In theater mode, the seats turn and recline to face a 52-inch retractable movie screen with 7.2 surround sound. For business, a motorized table unfolds, and the chairs gather around it. There is a mode for tailgating where the door opens four-feet wide, and, when traveling, passengers can recline back with footrests that extend for maximum comfort.
To make the ride even plusher, there is a satellite and media server to meet your entertainment needs, and there is even a built-in bar in the back. If this Ford had a bathroom, you could live in it. Of course, you would need to hire a driver to enjoy all the amenities in the back.

1969 Ford Talladega GPT Special is a SEMA showstopper

Rad Rides by Troy has unleashed upon the SEMA crowds this custom 1969 Ford Torino Talladega GT Special, and it's a beauty. The car calls to mind the classic Holman Moody stock cars that circled NASCAR tracks in the late 1960's, driven by the likes of Mario Andretti, Dan Gurney and David Pearson, who won the Grand National title in both 1968 and '69 in a Ford Torino.
Even though it has plenty of stock-car influence, there's nothing retro about the car's design or powertrain, other than the fact that the engine is based on a Ford Boss 429 block. Fuel injection, aftermarket aluminum heads and a high-tech custom computer system combine to send 750 reliable ponies to the rear wheels through a Tremec five-speed manual transmission. Brakes measure 14-inches all around, with six-piston Wilwood calipers up front and four-piston units out back.
There's custom bodywork abound, painted in a two-tone Tennessee Whiskey Gold and Daytona Sand finish. Check out all the amazing details in the image gallery below, and scroll down to read all about it in designer Troy Trepanier's own words.