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eBay Find of the Day: 1970 Ford Torino King Cobra prototype

Over the last decade or so, competition in NASCAR has led to some pretty funky looking racecars. And when the sport was still up and coming, the tight competition actually led to some interesting production cars. The Dodge Charger Daytona and Plymouth Superbird are perhaps the most well-known cars of the sport's "aero wars" era but the Ford Torino King Cobra might have been the most memorable of all, if not for some different homologation rules established in 1970. The Torino King Cobra never made it to production and never competed in NASCAR, but three examples exist including this one now for sale on eBay.
Designed as a successor for the aero-tuned Torino Talladega, the Torino King Cobra has a sleeker front end with hidden headlights and a sloped nose. As the story goes, NASCAR made a rule change in 1970 requiring 3,000 of the vehicles to be produced, which was substantially more than the 500 units required by the previous rule. One of the three prototypes ever built - and the only one built with the Boss 429 engine - is now for sale on eBay with a starting bid of $500,000. With a little more than three days left on the auction there are still no bids, but in the grand scheme of things this seems like a relatively fair price for a rare piece of automobile and racing history.

Ford could post best-ever profits in Q1 2013

Analysts are saying that Ford Motor Company may have earned a record $2.7 billion pretax profit in North America during the first quarter of 2013, a number that represents its highest first quarter profit ever. The impressive earnings are further proof that the American automaker is making a solid comeback as the economy begins to recover.
Morgan Stanley and JP Morgan Chase are estimating that Ford's first quarter North American profit may have topped 12 percent. The firm cited the automaker's fresh lineup, but noted that CEO Alan Mulally needs to uphold the pace as the company works to gain ground in the car and utility segments.
Ford's success has been led by increased demand for its F-Series pickup, the best-selling vehicle in the US for 31 years, and by the Fusion sedan that recently recorded its best-ever quarterly sales in the domestic market. Ford is expected to release its first-quarter revenue on Wednesday, of this week.

Total auto recalls already on record pace in 2014

If you've noticed that there have been more recalls than usual this year, you may be on to something. According to a report from the National Highway Traffic Safety Administration, the US market is on pace to break a record for recalls. In 2013, 22 million cars were recalled. We're only a third of the way through 2014, though, and we've already halved that figure, with 11 million units recalled. That's wild.
Considering the past few months, it shouldn't be a surprise that General Motors is leading the charge, with six million of the 11 million units recalled coming from one of the General's four brands. Between truck recalls, CUV recalls and the ignition switch recall, 2014 hasn't been a great year for GM.
Other recall leaders include Nissan (one million Sentra and Altima sedans), Honda (900,000 Odyssey minivans), Toyota (over one million units in a few recalls), Volkswagen (150,000 Passat sedans), Chrysler (644,000 Dodge Durango and Jeep Grand Cherokee SUVs) and most recently, Ford (434,000 units, the bulk of which were early Ford Escape CUVs). So while it's been a bad year for GM so far, its competitors aren't doing too well, either.