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Ford announces 2014 F-150 SVT Raptor Special Edition

Ford has pulled the wraps off its anticipated 2014 F-150 SVT Raptor Special Edition model, a new variant of the popular street-legal off-road specialist. In a nutshell, the "special" is all cosmetic - there are no mechanical upgrades to the truck and its 6.2-liter V8 (411 horsepower and 434 pound-feet of torque), Torsen limited-slip differential, beadlock-capable wheels and internal triple-bypass FOX Racing Shox dampers all remain untouched.
The SVT Raptor Special Edition, which adds cosmetic enhancements to the existing Luxury Package, will be offered in Ruby Red Metallic and Tuxedo Black Metallic with box-side graphics. The interior upgrades include Brick Red seat bolsters (with black inserts), cloth honeycomb highlights and a console top finish panel.
As of now, Ford has only release a couple pictures of the Special Edition model. But check back later, as we will update the gallery when additional high-res images are released later today, and be sure to peruse the press release below for all the details.

Ford brings FPV Falcon production in house [w/video]

For the first time since 1976, Ford of Australia is bringing the assembly of its stonking Ford Performance Vehicle line back in-house to the company's Broadmeadows and Geelong facilities. That's a point of pride for FPV, which builds high-performance versions of the Australian Falcon model like the F6, GS and the heroic GT seen here.
In the video below, we hear FPV employees talking in hushed tones about the important legacy that cars like the GT have for Australian gearheads of all stripes, and how proud they are to say that hand-built machines like this GT R-Spec with its Boss 355 engine are now rolling out of their home base. For our part, we're just dying to drive this version of the Coyote V8; the engine is rocking a "Miami" supercharger from Harrop and makes some 450 horsepower.
Continue on below for the video, or you can check out some images of the new FPV at the facility, as well as a gallery of the GT R-Spec car.

Ford books $2.6B pretax quarterly profit

While its crosstown competitors at General Motors are smarting over a drastic drop in net income to $200 million in the second quarter, Ford has reason to celebrate. The Blue Oval has announced its own Q2 financial results, including a growing net income of $1.3 billion, a $78 million increase over last year. Pretax profits for the company reached $2.6 billion, up $44 million from 2013, but total revenue dropped slightly to $37.4 billion, down from $37.9 billion. Profits per share before one-time charges totaled 40 cents per share, beating Wall Street analysts' expectations of 36 cents a share.
Regionally, the Blue Oval performed strongly, as well. North America posted a record quarterly pre-tax profit of $2.4 billion, a $119 million increase. Europe also showed signs of turn around with its first profit in three years of $14 million after a loss of $306 million in Q2 2013. Ford is actually predicting profitability in the troubled region in 2015. Asia Pacific operations also performed well with $159 million in profits, up $29 million from last year. The only region where the business posted a loss was South America.
According to Automotive News, Ford also announced more precise plans about the changeover to build the aluminum-intensive 2015 F-150. In August, the Dearborn plant will shutdown for eight weeks to retool and its Kansas City plant will do the same next year.