2008 Ford Expedition El King Ranch Sunroof Nav 22's 53k Texas Direct Auto on 2040-cars

Auto blog

Ford posts record pre-tax Q3 profit of $2.6B

Ford took in $2.6 billion in pre-tax profits in the third quarter of the year, making for a record trio of months that saw the Blue Oval's year-over-year earnings increase by $426 million. The earnings are being attributed not just to improvements in North American sales, but sales around the globe.
Revenue was up 12 percent, to $36 billion, although net income took a hit, dropping $359 million to $1.3 billion. Ford was dinged with $498 million in pre-tax charges, which are being blamed for the drop in net income.
The news has boosted Ford's hopes for full-year results, bumping it's total profits up past $8 billion, according to Automotive News. The Dearborn, MI-based manufacturer is still expecting a loss in Europe, although it's forecasted less than the $1.73 billion it burned in 2012. In fact, according to CFO Bob Shanks, Ford's European losses dropped by 51 percent year-over year, a huge improvement for the brand.

'Blood Muscle' auction to sell impressive collection of ill-begotten classic cars

The old saying goes that if you can't do the time, don't do the crime. But being a criminal can involve more than just taking a trip to the big house; it can also mean losing possessions purchased from any ill-gotten gains. Still, one man's loss is another's gain, and if you're in Lodi, NJ, on September 12, you stand the chance to buy some of the ultimate muscle cars from the US Marshals in what is being gruesomely nicknamed the Blood Muscle auction.
The grisly moniker was earned because all of the vehicles belonged to the president of a blood testing company who is facing prison time for alleged bribery, according to Hemmings. After all, they are muscle cars bought with actual blood money. The seven-vehicle collection includes some of the ultimate muscle cars ever made, and the original buyer clearly had an eye for rarity.
This cornucopia of V8 power includes a teal 1970 Ford Mustang Boss 429, a 1967 Shelby GT500 Mustang, an orange 1970 Plymouth Superbird, a 1970 Chevrolet Chevelle SS convertible and perhaps most prized of all - a trio of 1969 Yenko Chevys with a Chevelle, Nova and Camaro all represented. From the included photos, all of them look to be in fantastic condition.

Consumer Reports criticizes small turbo engines for misleading performance, fuel economy claims [w/video]

Consumer Reports has taken aim at at small-displacement, forced-induction engines, saying the powerplants don't manage to deliver on automaker fuel economy claims. Manufacturers have long held that smaller, turbocharged engines pack all power of their larger displacement cousins with significantly better fuel economy, but the research organization says that despite scoring high EPA economy numbers, the engines are no better than conventional drivetrains in both categories. Jake Fisher, director of automotive testing for Consumer Reports, says the forced induction options "are often slower and less fuel efficient than larger four and six-cylinder engines."
Specifically, CR calls out the new Ford Fusion equipped with the automaker's Ecoboost 1.6-liter four-cylinder engine. The institute's researchers found the engine, which is a $795 option over the base 2.5-liter four-cylinder, fails to match competitors in acceleration and served up 25 miles per gallon in testing, putting the sedan dead last among other midsize options.
The Chevrolet Cruze, Hyundai Sonata Turbo and Ford Escape 2.0T all got dinged for the same troubles, though Consumer Reports has found the turbo 2.0-liter four-cylinder in the BMW 328i does deliver on its promises. You can check out the full press release below. You can also read the full study on the Consumer Reports site, or scroll down for a short video recap.