1964 Ford Galaxie 500 Orginal Owner on 2040-cars
Raleigh, North Carolina, United States
Body Type:fastback
Engine:352 V-8
Vehicle Title:Clear
Fuel Type:Gasoline
For Sale By:Private Seller
Interior Color: Blue
Make: Ford
Number of Cylinders: 8
Model: Galaxie
Trim: blue
Warranty: Vehicle does NOT have an existing warranty
Drive Type: auto
Mileage: 163,525
Sub Model: Galaxie 500
Exterior Color: Blue
Disability Equipped: No
This is an original OWNER CAR. IT WAS PURCHASED BY THE PERSON SELLING IT ON August 8, 1964 and has the original state title dated August 18, 1964. Every license tag ever on the car is in the trunk including 1964. If this was a barn find it would be a treasure. It was a daily driver until about ten years ago and has sit much since then and is showing its age. The car is not just numbers matching it is the same parts that came on it when assembled in Atlanta Georgia in 1964. It begs for a restoration. Owner was hoping to do that but age and financials have prevented it. Most of the repair receipts are kept. Most rust can be fixed, a couple of panels may need replacing but it looks rougher than it is. I have not started it in about 6 months because of the bad generator. So many cars are restored that don't have anywhere near the factual records this car does.
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Ford family keeps special voting rights
Fri, 10 May 2013Ford Motor Company has a dual-class stock structure of Class A and Class B shares. The roughly three billion Class A shares are for the general public like you and me, while the roughly 71 million Class B shares are all owned by the Ford family. Each Class A share gets the shareholder one vote, each Class B share is worth 16 votes, the result being that Common Stock holders control about 60 percent of the company while the Ford family controls 40 percent even though it holds far fewer shares. The only way that could ever change would be if the Fords sell their Class B shares, but even so, Class B shares revert to Class A when sold outside the family, so they'd have to sell a whole bunch of them.
A contingent of Class A shareholders think the dual-class system is unfair, and for the past few years a vote's been held during the annual shareholders meeting to end it. It has failed every time, as it just did again during the meeting held this week. A smidge over 33 percent voted to end the dual system, outvoted by the 67 percent who are happy with the way Ford is going - unsurprising in view of a corporate turnaround that will be part of business-class curricula for years to come.
On the sidelines, Ford elected Ellen R. Marram to the post of independent director, the first woman to hold the job. The former Tropicana CEO and 20-year Ford board member replaces retiring board member Irvine Hockaday who helped bring Alan Mulally to the CEO position.
Ford hybrids getting update to improve fuel economy
Tue, 16 Jul 2013Ford has announced that it is introducing "calibration updates designed to improve on-road fuel economy for owners of the 2013 Ford C-Max Hybrid, 2013 Ford Fusion Hybrid and 2013 Lincoln MKZ Hybrid."
We can speculate that these changes are at least due in part to lawsuits over mileage claims of hybrid vehicles. The automaker is enhancing 2013 models starting in August by raising their electric cruising speed to 85 miles per hour from 62 mph, optimizing the use of active grille shutters and the climate control system, shortening the engine warm-up period by 50 percent and reducing electric fan speed to minimize the fan's energy consumption.
It bears mentioning that Ford is doing pretty well in the US electrified vehicle market this year. The company claims to have grown its share in the segment by 12 points to 16 percent while taking a high number of Toyota Prius trade-ins in the process. Conversely, Toyota has experienced a five-percent drop in new-Prius sales over the same period. Additionally, Ford states that it has increased its share of the US vehicle market by one percent this year, more than any full-line automaker.
Ford, GM to collaborate on 9- and 10-speed transmissions
Mon, 15 Apr 2013Back in October, there were reports that General Motors and Ford Motor Company were hard at work co-developing new nine- and ten-speed automatic transmissions, and now both automakers have confirmed this joint operation. While there are no specific vehicles mentioned to receive either transmission, a collaborative press release issued by GM and Ford mention that the transmission will be designed for front- and rear-wheel-drive cars, crossovers, trucks and SUVs.
These aren't the first powertrain components developed jointly between these cross-town rivals, either. The six-speed automatic currently used in vehicles like the Ford Edge, Ford Fusion, Chevrolet Cruze and Chevrolet Equinox was engineered in a similar fashion. As is the case with this existing transmission, both automakers will assist in the design, development and testing of the new transmissions, but each will build its own units in its own factories. Scroll down for the official press release.