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Junkyard Gem: 1973 Mercury Marquis Brougham 4-Door Pillared Hardtop

Ford's Mercury Division debuted the Marquis in the 1967 model year, as a sporty coupe based on a stretched Ford LTD chassis. When the LTD got an update for 1969, so did the Marquis, and production of that generation of the top-of-the-line Mercury continued through 1978 (the Grand Marquis hit streets the following year). The 1969-1978 Marquis was a big, imposing land yacht, and the Brougham version came absolutely loaded with affordable luxury. Today's Junkyard Gem is a Marquis Brougham from the first year of the Malaise Era, found in a Phoenix self-service car graveyard recently. This car appears to have spent decades sitting outdoors in one of the harshest climates in the country, and so it's in rough shape. The vinyl top received the full thermonuclear treatment and is mostly obliterated by now. The interior got thoroughly cooked as well. Still, its original opulence shines through if you use some imagination. What hurts is that this car was packed with most of the good options, including the mighty 460-cubic-inch (7.5-liter) V8 engine with four-barrel carburetor. The price for the 460 was just $76 in this car, or around $548 in today's money. The base engine was a 429 (7.0-liter). Power numbers were way down for 1973 when compared to a couple of years earlier, partly as the result of tightening emissions standards but mostly due to the switch from gross to net power ratings that began midway during 1971 and was completed by the end of 1972. This engine was rated at 202 horsepower and 330 pound-feet. The only transmission available was a three-speed automatic. We can assume that the original buyer of this car and its single-digit fuel economy had a rough time when the OPEC oil embargo hit in the fall of 1973. Believe it or not, air conditioning was not standard equipment on the '73 Marquis Brougham (you had to move up to a Lincoln for that). This one even has the automatic temperature control feature, adding a total of $508 to the cost of this car (about $3,661 in 2023 dollars). That AM/FM/8-track radio—or, in fact, any radio—was an extra-cost option as well, with a price tag of $363 ($2,616 after inflation). The MSRP for the 1973 Marquis Brougham sedan (known as a "pillared hardtop" thanks to the frameless window glass) was $5,072, which comes to $36,555 in today's dollars. Obviously, its out-the-door cost would have been much higher with all the options.

Ford Fiesta RS with 250 horsepower mooted

We know Ford is unveiling a new Focus RS on February 3, and it's heavily rumored to arrive brandishing an all-wheel-drive powertrain and as much as 350 horsepower. The folks at Ford Performance have also promised they are working on at least 12 models through 2020, and that still leaves a lot of time to get additional exciting vehicles out the door. One of those could be an RS version of the Fiesta, according to Evo. An RS take on the latest Fiesta would obviously need substantial boosts in both power and handling ability to warrant the work over the current top Fiesta ST (pictured above), which is already one of our favorite cars. Evo speculates that the 1.6-liter turbocharged four-cylinder could be tuned further, possibly up to about 250 horsepower, and the high-performance hatch might even take some inspiration from the Fiesta WRC rally car with an all-wheel drive system. An unnamed Ford spokesperson remained cagey about the chances for the pint-sized hot hatch to Evo, though. "We can't say anything at this moment, but we have promised to produce 12 performance models in the coming years. We'll leave it for you to decide whether that includes a Fiesta at this moment," the source said to the magazine. Evo doesn't expect a launch across the pond until at least 2017, if it actually happens. Of course, there's the lingering question of whether such a niche project would work in the US. In Europe, the Fiesta RS would challenge similarly diminutive speedsters like the Volkswagen Polo R and Audi S1, but true competitors of an equivalent size here would be much more scarce. In fact with 250 hp, the hotter Fiesta could provide unwelcome competition within Blue Oval showrooms for the Focus ST. Featured Gallery 2014 Ford Fiesta ST View 47 Photos News Source: EvoImage Credit: Ford Ford Hatchback Performance ford performance ford fiesta rs

Ford to announce Mulally retirement, Fields CEO as early as May 1

Ford CEO Alan Mulally may be about to announce his long-rumored retirement from the Blue Oval, according to a pair of insiders who spoke to Bloomberg. An official statement on the succession could arrive as soon as May 1. Chief Operating Officer Mark Fields is rumored to step up as the new CEO. The company is said to be readying the announcement soon to ensure an orderly transition of power, according to the insiders.
Mulally's retirement from Ford has been a hot topic for a while. He was seriously rumored last year to be leaving the automaker to take over as the CEO of Microsoft. The board even said at one point that it was okay with them if he stepped down early. However, the CEO maintained he would stay with the business through at least the end of 2014. Fields has been rumored as a frontrunner to take over the top spot at the company since he was promoted to COO.
For the moment, Ford isn't officially confirming any of these plans. "We don't comment on speculation. We do have succession plans in place for our key leadership. We take succession planning very seriously," said Susan Krusel, Ford Global News Manager, to Autoblog.