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Ford to announce Mulally retirement, Fields CEO as early as May 1

Ford CEO Alan Mulally may be about to announce his long-rumored retirement from the Blue Oval, according to a pair of insiders who spoke to Bloomberg. An official statement on the succession could arrive as soon as May 1. Chief Operating Officer Mark Fields is rumored to step up as the new CEO. The company is said to be readying the announcement soon to ensure an orderly transition of power, according to the insiders.
Mulally's retirement from Ford has been a hot topic for a while. He was seriously rumored last year to be leaving the automaker to take over as the CEO of Microsoft. The board even said at one point that it was okay with them if he stepped down early. However, the CEO maintained he would stay with the business through at least the end of 2014. Fields has been rumored as a frontrunner to take over the top spot at the company since he was promoted to COO.
For the moment, Ford isn't officially confirming any of these plans. "We don't comment on speculation. We do have succession plans in place for our key leadership. We take succession planning very seriously," said Susan Krusel, Ford Global News Manager, to Autoblog.

2015 Ford Mustang EcoBoost already hitting 12-second quarters

The arrival of a new Ford Mustang means many things to many people, but not least of them is drag racers. The pony car has always been a mainstay of the drag strip, and the Ford Racing team aims to carry that reputation forward with this latest generation. So it cooked up a few basic modifications on three new 'Stangs and headed to the strips at US 131 and Milan Dragway to see what they could coax out of 'em.
Impressively, the 5.0-liter V8 Mustang GT with a few modifications (but no forced induction) managed to clock a quarter-mile time of 11.77 seconds. Another Mustang GT fitted with a supercharger clocked a blistering 10.97 seconds. But just as intriguing was the modified EcoBoost model that, with only four cylinders and 2.3 liters of displacement, still passed the gates in just 12.56 seconds - nearly half a second better than expected. This with modification limited to a new subframe, half-shaft, drive shaft loops, exhaust, engine calibration, slicks, roll cage and bucket seat. Well done, boys.

2015 Ford Mustang: Obsessively covered [w/videos + poll]

Here at Autoblog, we've officially stamped December 5, 2013, as Ford Mustang Day. Sure, the sixth-generation Pony Car started leaking out onto the web days ago, but all of the official, non-embargoed hotness has come out today. And man, there's been a lot.
In terms of new car debuts, this is a really big one - not unlike all of the Corvette madness that kicked off the 2013 automotive season. So to make sure you haven't missed anything, here's a wrap-up of everything you need to know about the 2015 Ford Mustang.
Deep Dive: 2015 Ford Mustang