2001 Ford Excursion Xlt Sport Utility 4-door 6.8l on 2040-cars

Auto blog

Next-gen Ford Cobra Jet development underway, but will it be a Mustang?

Ford might be stepping away from the NHRA, but it isn't abandoning drag racing altogether. Hot Rod says that Ford confirmed a next-gen Cobra Jet factory drag racer is in the works, but the report also speculates that a new Cobra Jet could switch away from the Mustang nameplate.
Even though talk of a new Cobra Jet coincides with the all-new 2015 Mustang, the lack of confirmation for the dragster's platform leaves Hot Rod to guess that the car might switch to another platform - specifically a front-drive-based, unibody car like the Fusion or Taurus. We'd hate to think of a world with a NASCAR-ized dragster from Ford Racing, but it's also highly unlikely that the Mustang Cobra Jet would step away from its quarter-mile rivals like the Chevy COPO Camaro and Dodge Challenger Drag Pak.

Mixed sales results, but automaker stocks rise on need for cars in Houston

DETROIT — The Big Three Detroit automakers on Friday reported better-than-expected August sales and issued optimistic outlooks for demand as residents of the Houston area replace flood-damaged cars and trucks after Hurricane Harvey, sending their stocks higher. General Motors, Ford and Fiat Chrysler posted mixed August U.S. sales, with GM up 7.5 percent and Ford and Fiat Chrysler down. Japanese automaker Toyota improved sales by nearly 7 percent, while Honda fell 2.4 percent. Still, analysts focused on the potential for Detroit automakers to cut inventories and stabilize used vehicle prices as residents of Houston, the fourth largest city in the United States, are forced to replace tens of thousands, perhaps hundreds of thousands, of vehicles after the devastation from Hurricane Harvey. Mark LaNeve, Ford's U.S. sales chief, told analysts on Friday that following Hurricane Katrina in 2005 "we saw a very dramatic snapback" in demand. That said, Ford sales fell 2.1 percent in August. It sold 209,897 vehicles in the United States, compared with 214,482 a year earlier. Sales were down 1.9 percent in the Ford division and off 5.8 percent at Lincoln. Demand was down for cars, crossovers and SUVs. It was not clear how many vehicles in the Houston area will be scrapped, LaNeve said, saying he had seen estimates ranging from 200,000 to 400,000 to 1 million. Ford's Houston dealers may have lost fewer than 5,000 vehicles in inventory, he said. Ford is the No. 1 automaker in the Houston market, with 18 percent share, according to IHS Markit. The company plans to ship used vehicles to Houston dealers and has "every indication we would have to add some production" of new vehicles to meet demand, LaNeve said. Investor concerns about inventories of unsold vehicles and falling used car prices have weighed on Detroit automakers' shares most of this year. Now, automakers can anticipate a jolt of demand from a big market that is a stronghold for Detroit brand trucks and SUVs. "It's got to be a positive for the industry," LaNeve said. Investors appeared to agree. GM shares rose as much as 3.3 percent to their highest since early March. Ford increased 2.8 percent at $11.34, and Fiat Chrysler's U.S.-traded shares were up 5.2 percent $15.91, hitting their highest in more than five years. GM reported a 7.5 percent increase in U.S. auto sales in August, helped by robust sales of crossovers across its four brands.

Ford GT successor to debut in Detroit and go racing

Anticipation for all of the exciting reveals at the 2015 Detroit Auto Show just a few weeks away is building to a fever pitch, and rumors are mounting that Ford has a big surprise in store in the shape of a future performance halo model. Insider sources speaking to Autoweek claim the next Ford supercar is definitely going to be revealed at the Detroit show in early January. However, the model is not necessarily the next-generation Ford GT in terms of its name or design aesthetic. Instead, one of these people indicates that the new halo model might drop retro styling altogether. If the latest reports are to be believed, Ford's high-performance project goes beyond something to just grab headlines and rocket down the street. According to Autoweek, the automaker is also reportedly employing Chip Ganassi Racing to run a two-car racing effort in the Tudor United SportsCar Championship in 2016. That would allegedly include a trip to the 24 Hours of Le Mans to race on the 50th anniversary of the Ford GT40's win in 1966. The speculation goes that at least the racing version might use a twin-turbo EcoBoost V6 for power. However, the motorsports part of the program may not be announced during the auto show reveal. Rumors about the new halo car from the Blue Oval and its racing intentions have been percolating for months. The company might have considered an LMP2 entry, but speculation popped up later about the production supercar. A more recent report suggested that Ford might show a new Shelby GT350R Mustang, a successor to the F-150 Raptor and next Ford GT in Detroit.