We Finance 04 Explorer Ltd Rwd 7 Pass Leather Heated Seats Tow Hitch Cd Changer on 2040-cars
Cleveland, Ohio, United States
Vehicle Title:Clear
Engine:6
Fuel Type:Gasoline
For Sale By:Dealer
Transmission:Automatic
Make: Ford
Warranty: Vehicle has an existing warranty
Model: Explorer
Mileage: 89,381
Sub Model: Limited 7-Pa
Disability Equipped: No
Exterior Color: White
Doors: 4
Interior Color: Tan
Drive Train: Rear Wheel Drive
Inspection: Vehicle has been inspected
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Auto Services in Ohio
Westside Auto Service ★★★★★
Van`s Tire ★★★★★
Used 2 B New ★★★★★
T D Performance ★★★★★
T & J`s Auto Body & Collision ★★★★★
Skipco Financial ★★★★★
Auto blog
Bill Ford augments his power by nearly doubling stake of supervoting shares
Fri, 28 Jun 2013Bill Ford Jr. has more sway than ever over the automaker that bears his surname, as the great-grandson of Ford's founder has reportedly doubled is holdings of Class B Ford stock. According to a report from Reuters (which cites a newly discovered securities filing), he acquired some 3.7 million Class B shares from an unnamed family member.
Class B shares of Ford stock are held by descendants of Henry Ford and offer expanded voting power to their holders - Bill Ford Jr. now controls roughly 11.5 percent of the total Class B pool. Ford Jr. is also a one of five trustees that manage a voting trust that oversees the majority of these "supervoting" shares. In total, Reuters reports there are 71 million Class B shares that account for 40 percent of the voting power in the company, despite making up just 2 percent of the total volume of all Ford stock.
Ford Jr. served as Ford's CEO until 2006, when he stepped down to hire and make space for current CEO, Alan Mulally. The move to consolidate Ford family voting power, at least somewhat, is seen by many as a comforting sign with Mulally's departure from the company likely to happen in the next several years.
GM details CEO Mary Barra's pay, contacts with investor David Einhorn
Wed, Apr 5 2017Earnings/Financials Chrysler Ford GM Sergio Marchionne Mary Barra Mark Fields david einhorn greenlight capital
Ford demonstrates Mustang's new Line Lock burnout feature
Tue, 22 Apr 2014Been saving your pennies for a 2015 Ford Mustang? Put in a few extra shifts or some overtime? Got a great down payment ready? Well, however much you saved for your new pony car, start saving more - you'll need the extra money to spend on tires.
That's because the Mustang will come with a system called Line Lock, which can lock the front brakes electronically, allowing drivers to perform big, dumb, smoky burnouts without moving so much as an inch. It's sort of like launch control, only the average driver might actually use it.
Now, line locks aren't uncommon, particularly in drag racing. Usually, a flip of the switch locks the front brakes. The Mustang, besides offering the system from the factory which is unique in and of itself, looks a bit more involved.