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50 new vehicles by 2025: Ford making big push in China

SHANGHAI — Ford will launch 50 new vehicles in China by 2025, including 15 electrified vehicles, the U.S. firm said at an event in Shanghai on Tuesday, as it looks to rev up sales growth in the market and shift towards cleaner electric cars. Ford's sales in China have been weak in recent months, and the company is scrambling to come up with electric and hybrid vehicles to comply with strict Chinese quotas over production and sales for so-called new energy vehicles, or NEVs. The U.S. automaker is undergoing a broad review of its China operations, part of a strategic re-think under new Chief Executive Officer Jim Hackett, which will likely see the company focus on electric commercial vans as well as electric cars. "Between now and 2025, we will launch 50 new vehicles in China, and of those 50 new vehicles, 15 of them will be all-new electrified vehicles," said Peter Fleet, Ford's head of Asia Pacific, pointing to big growth in the "utility" segment. Fleet also said Ford's China revenue would grow by 50 percent over the same period. China is pushing automakers toward electric and hybrid petrol-electric vehicles, setting tough quotas for NEVs that come into play in 2019, and has signaled a longer-term shift away from traditional internal combustion engine cars. The major shift in the world's largest auto market has jolted some automakers, sparking a spate of recent electric vehicle (EV) joint ventures in the market. Ford has announced an EV tie-up with China's Anhui Zotye Automobile Co Ltd. "We've never seen change like we do today," said Ford Executive Chairman Bill Ford. "Everything is being disrupted" by the development of autonomous vehicles, trends such as ride-sharing and electric vehicles, he added. "It's clearly the case that China will lead the world in EV development, and so we at Ford are investing enormous amounts of money both here in China and globally to bring electrification into fruition." Reporting by Adam JourdanRelated Video: Image Credit: Reuters Auto News Green Plants/Manufacturing Ford Lincoln Electric Hybrid Shanghai Jim Hackett

2016 Ford Mustang SVT hides big power under its domed hood

With a number of 2015 Ford Mustang versions finally available to configure, the fun of speculating about next year's high-performance 'Stang can now begin. It looks like Ford has something seriously fun planned too. One of our spy photographers just snapped some fresh pics of the 2016 Mustang SVT, which is believed to be hiding the final body shape under all of that heavy camouflage.
Ford clearly doesn't want prying eyes looking at its new pride and joy. It would be hard to put much more obfuscation on a car than this one wears - it even has mesh baffles around the exhausts to conceal how many there are and panels over the wheels to hide their design. However, the Blue Oval can't keep everything a secret. The biggest clue that something special is hidden underneath is the massive hood bulge and vent in front of it. Clearly, whatever is under there is hungry for cool air. The shape of the camo indicates that there may be fender vents on each side, and there are also obscured outlets behind the front wheels likely to pull cool air through the brakes. At the rear, the concealment does its job, making it hard to observe any big changes. The fact that Ford wants it kept such a secret might indicate something, though.
A few photos of the interior show far less cover than the outside. You can easily make out the model's 6,500 rpm redline with a possible 7,000 rpm over-rev function. The big Recaro sport seats also look quite supportive.

The 11 most expensive American cars ever

Here's a Pro Tip for all you would-be classic car investors out there: buy Ferraris. With the Pebble Beach festivities kicking off this week, including any number high end car auctions, we thought it would be entertaining to compile a list of some to the most expensive cars ever sold with the bang of a gavel. Trouble is, once you get past the splendor of everyone's favorite Italian sports car maker, that list is pretty boring.
Ferrari dominates the all-time auction sales list; seven of the top ten most expensive cars sold wear the Cavallino Rampante badge, as well as more than half of the top fifty. Sure, a nearly $30-million Mercedes-Benz W196 racecar might be the new top dog as of last year, but it's even possible that Ferrari could take that title back in Monterey this weekend. Long story short: we think a list of the most expensive American cars ever sold at auction is a lot more entertaining to read. Hell, our list has a friggin' Batmobile on it, how can it go wrong?
Follow on below for the top ten cars that are red, white, blue and a whole lot of green.