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Ford posts decade-best $2.1B profit in Q1 2013

As predicted, Ford has reported that its first quarter of 2013 was a resounding success overall, with a pretax profit of $2.1 billion ($0.41 per share), and a net income of $1.6 billion ($0.40 per share). In fact, Ford made a pretax profit of some $2.4 billion in its home North American market, with that total number being pulled down by losses in South America and Europe. That gaudy North American profit is the strongest result by the automaker since 2000.
Ford's companywide profit for Q1 was down $147 million from one year ago, while the net income number marked an increase of $215 million year over year. Overall, this is Ford's 15th-consecutive profitable quarter.
The bad news from the European market was even worst in Q1 2013 than it was last year. Pretax losses of $462 million - on revenue of $6.7 billion - represented a year-over-year change of -$313 million. In South American, the company reported a loss of $218 million, down from a slim profit of $54 million in Q1 2012. The news was better for Ford Asia Pacific Africa, where a $6 million pretax profit in 2013 showed a year-over-year gain of some $101 million when compared to losses in 2012. Scroll down to read Ford's full press release.

This unique '64 Mustang was Edsel Ford II's first car

You probably had the same dream when you were a teenager. Your sixteenth birthday is coming up, or Christmas, or maybe both, and all you want is a muscle car to call your own. That dream has come true for some, and one of them was none other than Edsel Ford II.
Henry Ford's great grandson turned 16 on December 27, 1964 - two days after Christmas and eight months after the original Mustang went on sale. And that's just what was waiting for him in the driveway, courtesy of his father (and reigning chief executive) Henry Ford II.
The specially-prepared pony car had a pearlescent cream paintjob with narrow blue racing stripes, functional hood scoop, chrome trim, Euro-spec fender-mounted mirrors, a blue leather and aluminum interior, a monogrammed fuel cap... and a 289-cubic-inch V8 under the hood.

How Ford hid the 2015 Mustang from spy photographers

Now that we've finally seen the 2015 Ford Mustang, it's fun to go back and look at the spy shots we spent months pouring over, trying to dissect what was under all the camouflage. For the most part, Ford did a good job of concealing the car from spy photographers, and it released a video showing how much work went into doing so.
As crude as the Mustang's camo looked, all of the hard plastic, foam, vinyl and ratchet straps were actually created and put in place by a specific design team. The whole idea was to hide the car's identity, but it certainly ended up acting as a magnet for attention, too. According to Ford's press release, it took less than an hour for spy shots to appear online after the car was taken on public roads for the very first time - this is likely in reference to our first official spy shots of the Mustang from June, shown in the gallery below.
Scroll down for a press release and video, which shows footage of the 2015 Ford Mustang testing with minimal camouflage. This is probably the same track session where we got our first look at the Mustang's face back in August.