2010 Ford Edge Limited Sport Utility 4-door 3.5l on 2040-cars

Auto blog

The big dune jump and the damage done

The Silver Lake sand dunes see their fair share of well-built trophy trucks executing impressive jumps. Drivers build insane pieces of machinery for the express purpose of sailing through the air like mad men and women.
Mike Higgins is no stranger to the area. His heavily modified Ford trophy truck has gone flying through the sky on more than one occasion, but he recently bit off more than he could chew. After hitting a particularly lofty dune, Higgins went airborne for a ridiculous 180 feet before becoming intimately familiar with the finer points of gravity.
While Higgins nailed the jump, his landing fell short of wowing the judges. The impact very nearly broke his truck in two. Despite the mechanical mayhem, the driver walked away without a scratch, proving that occasionally miracles really do happen. You can check out the jump and the subsequent destruction below for yourself. Be warned: there's a fair bit of foul language.

EU formally questions French government assistance of Peugeot's finance arm

Recently, the finance arm of PSA/Peugeot-Citroën was in such debt trouble that it was pricing itself out of the car loan market. The rates it was paying to service its debt, which was rated one step above junk, were so high that it was forced to charge car-buying customers higher rates than they could find elsewhere. This was adding to Peugeot's already impressive woes by sending revenue out the door to competitors.
Two months ago a deal was worked out with the French government whereby the state would provide 7 billion euro ($9 billion USD) in bonds to guarantee the finance arm's loans. The French government could nominate someone to join the Peugeot board, Peugeot would guarantee more French jobs, and on top of that deal, other banks would provide non-guaranteed loans. The government would take no equity stake in the car company.
Although not yet finalized, the arrangement is meant to create some breathing room for Peugeot Finance to lower its interest rates for customers, and a government-nominated board member, Louis Gallois, was recently named to Peugeot's supervisory board. The arrangement was also openly questioned by at least three competitors: Ford, Renault - which is 15-percent owned by the French government after it received state aid - and the German state of Lower Saxony, itself a 15-percent shareholder in Volkswagen.

Automakers donating money, vehicles and supplies to Oklahoma tornado relief effort

Judging by the destruction the Oklahoma City area experienced earlier this week, residents are going to need a lot of help in coming months. Fortunately, a number of automakers - including General Motors, Ford, Chrysler, Volkswagen, Honda and Toyota - have stepped up to donate money, supplies and vehicles to aid in the recovery and rebuilding processes.
Here's a quick rundown of which automakers have pitched in and what each contributed so far:
Ford Motor Company has donating $250,000 and a Transit Connect to the American Red Cross, and it will match all other donations made to the Red Cross (up to $250,000) using a special URL tied to the latter's website (link here). Additionally, its local Oklahoma dealers have thrown in an extra $150,000 for the United Way and the automaker will be offering an extra $500 toward the purchase of a new Ford vehicle.