1998 Ford Expedition on 2040-cars

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Ford books $1.2B profit in second quarter on strength of trucks

Ford is rolling along nicely, with a positive second-quarter sales report and a $2.3 billion profit in North America. The Dearborn, Michigan-based manufacturer captured $1.2 billion globally from April to June, with a $177 million profit in Asia. Even in Europe, the land of doom and gloom for automakers not named Mazda, Ford saw some success as it lowered its expected full-year loss from $2 billion to $1.8 billion. The company lost $348 million in Europe during the second quarter, which, believe it or not, represents a $56-million improvement over 2012.
According to the report on CNBC, Ford enjoyed a three-percent increase in pre-market trading thanks to the news. The strong demand for the F-150 propelled growth in the US market, while Ford's 47-percent increase in Asian sales can be attributed to the new EcoSport crossover and Kuga (Ford Escape in the US) arriving in the somewhat fragile Chinese market.
Pre-tax profits for Ford are expected to be in the neighborhood of $8 billion by the end of the year, with sales the US, Europe, and China all looking up. The company also shifted $4.78 billion of asset-backed debt in the form of bonds, according to a report by Bloomberg. This move came amidst rumors of the Federal Reserve cutting back on its $85-billion-per-month bond purchases. Ford wasn't alone among automakers looking to sell off debt, though, as Mercedes-Benz and Nissan shifted around $1 billion each in bonds relating to auto loans.

We spy the Ford Mustang King Cobra early at SEMA

As is the case with most auto shows, waiting for the reveal of hot new models is the worst part. So, while our own Drew Phillips has been wandering the halls here in Las Vegas since they unlocked the doors for SEMA 2014, we didn't expect him to come back with any big reveals until later in the day. Until this happened.
Meandering by the Ford stand, Phillips eagle-eyed a trunk lid that caught his attention. Popping out from an otherwise draped 2015 Mustang, the matte black lid clearly has the name King Cobra embossed on the rear.
That name is interesting for a few reasons: to start, Ford hasn't used the Cobra name (without "Jet" attached) since way back in 2004, so a new snake is certainly something to take note of. Second, the King Cobra name dates all the way back to the ill-remembered Mustang II, meaning there is a clear link to Blue Oval history here.

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.