2008 Ford F250 Xl Crew Cab Pickup Truck on 2040-cars

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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 Fiesta ST orders off to strong start

We at Autoblog love the new little Ford Fiesta ST, and apparently, folks in Europe are pretty impressed with it, as well. According to Ford, the automaker's European arm has already logged 3,000 orders for the new hot hatch since it hit dealerships this March. The US-spec car, which will only be available as a five-door, will go on sale in the United States this summer.
What's perhaps most interesting about the Fiesta ST ordering is that the majority of customers appear to be ordering high-spec cars. According to Ford data, 60 percent of customers have opted for the leather interior with Recaro buckets, and 90 percent have selected the upgraded 17-inch wheels (seen on our test car, above). Spirit Blue has been the most popular color, commanding 27 percent of all orders. As for the technology upgrades, 19 percent of customers have ponied up for the Sony stereo with navigation.
To recap, the Fiesta ST is offered with Ford's 1.6-liter EcoBoost four-cylinder engine, putting out 179 horsepower and 177 pound-feet of torque, mated exclusively to a six-speed manual transmission. We had an absolute blast flinging the hot Fiesta through the French Alps, and we can't wait for this sharp little hatch to make its way over to the States.

2015 Ford Mustang renders reveal look of the real thing

This is, according to the pony-car obsessed kids over at Mustang6G.com, the closest, most accurate rendering of the new, 2015 Ford Mustang to date. Artis Chazcron used a combination of Ford CAD images and information from assorted spy shots to assemble a fairly handsome car, albeit one that conforms to the tired cliché of being more evolutionary than revolutionary.
Now, it's very important to note that these are still speculative renders, and that they only represent the base car - that could explain the lack of the Mustang's vestigial side scoops, along with other, newer styling cues that Mustang6G seems to think will arrive on production models. Those items include a new, double-bubble roof, although the Mustang aficionados claim that even if it were present, it'd barely be visible from these angles.
The front end is pretty spot on, compared to what we've seen from earlier spy shots, while the tail, with its interesting light design is something new. The louvered taillights look quite different from the current version, obviously, though Mustang has gone the whimsical route with taillights before. Also, note the new rear diffuser uses an integrated reverse light and rear foglight, the latter of which is required for sale in Europe.