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Does the new 2015 Ford Mustang have a burnout control system?

Whether it's lane departure warning, blind-spot monitoring or automatic emergency braking, most of the electronic systems we see emerging on new vehicles focus on safety. But there are some there just for enthusiasts. We're talking about systems like automatic throttle blipping for perfect downshifts, or launch control to get that textbook acceleration from a standstill. But the latest system could prove just the opposite of the latter.
Although it has given us most of the details, Ford is still keeping certain elements of its new Mustang secret. But emerging reports may have the skinny on one system which Ford is trying is darnedest to keep under its hat for the time being. That, according to unnamed sources cited by Motor Authority, is burnout control.
The system is reportedly designed to help novices execute the perfect smokey burnout - sort of like launch control, but specifically the opposite. The system could, according to elaborative speculation, lock the front brakes while spooling up the engine to optimal revolutions before dumping (or indicating the driver to do dump) the clutch. A cloud of tire smoke and a long pair of skid marks would then ensue.

Ford overlooks the Big Apple in the 2015 Mustang Convertible [w/video]

Ford has done it again. Like in April of 1964, there is once again an all-new Mustang Convertible sitting on the observation deck of New York City's Empire State Building. This has been in the making for a little while, with the first report that Ford would recreate the sky-high publicity stunt coming out a few weeks back.
The process of getting the Mustang up there wasn't exactly easy. A Troy, MI-based company chopped up the new droptop, a necessary evil to get the Mustang on the Empire State Building's only freight elevator that runs to the 86th floor observation deck. But it was slightly more involved than just taking the car apart. The company, DST, built a mockup of the ESB's freight elevators, and then practiced its cuts on a second pre-production Mustang Convertible (measure twice, cut once).
The result of all this work are the images you see above. Yes, sitting in the crisp, morning air of midtown Manhattan, over 1,000 feet up, is this brilliant, Triple Yellow Mustang. Take a look up top for our gallery of images from today's event. You can also scroll down for videos and images of the process leading up to the ESB debut.

Ford shares falling on news of lower-than-expected profits next year

Ford has released projections for its 2013 profits, along with predictions of its 2014 earnings, and the news has forced the company's stock to stumble, falling over seven percent as of this writing. The Blue Oval is expecting earnings of $8.34 billion for 2013, although the bulk of that is coming largely from its North American operations, as troubles abroad continue to take a toll.
Calling 2013 an "outstanding" year, Ford expects its revenue to be up about 10 percent, thanks to gains in market share everywhere but Europe. But it's 2014 predictions that are causing stock prices to fall, as the Dearborn-based manufacturer expects pre-tax profits to fall to $7 to $8 billion, because of troubles in both Europe and South America, according to a report from Reuters. This is despite an expansion plan that will see it open an additional factory in the southern hemisphere, as well as two plants in China, all in a bid to launch 23 new or refreshed products next year.
The issues in South America aren't so much related to a fall in sales - Ford expects improved profits in Brazil and Argentina - but because of currency devaluations in Venezuela that are projected to cost it around $350 million. While that would still allow it to break even with 2013, Ford cites continued economic risks that could push losses even higher.