1966 Ford F-100 Custom Cab With 352 Interceptor Special V-8 Fe 4 Barrel on 2040-cars

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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.

Ford Ka Concept shown in Brazil, could enter production by 2014

The Ford Ka (pronounce it like a Bostonian saying "car") is the Blue Oval's sub-Fiesta offering in a number of markets that aren't North America. It's been a staple in Europe since it launched in 1996 and in South America since 1997, where it's enjoyed quite a bit of popularity as an affordable, efficient city car.
The European and South American models grew apart over the years, until Europe ended up with a Fiesta-inspired car and Brazil retained a more evolved version of the original Ka's styling. With this Ka Concept, which is really a concept in name only, Ford is previewing a Ka not just for the European market, but as the brand's new, global small car. With city car sales expected to grow dramatically in coming years and the ever increasing price of fuel, Ford's move to get a new, competitive car into the market on a global level isn't surprising.
Wearing Ford's new, familial grille, the Ka Concept features the same crisp, sculpted sheetmetal that's adorned the Fusion and Fiesta. Developed in-house by Ford Brazil, a production version could launch by 2014, according to Ford's press release. It's unclear what engines will sit under this car's hood, although we'd bet the 1.0-liter, EcoBoost three-cylinder from the Fiesta will be available at some point.

2014 Roush Stage 3 Mustang

Up until now, it's been some years since I managed to get behind the wheel of the hot Mustangs tuned by the folks at Roush Performance. My memories of those vehicles are fond, as the Roush up-fits usually make for better-driving examples of the iconic Ford pony, with better-tuned suspensions, excellent short-shift kits and, of course, huge additions of power. The wake-your-neighbors aural characteristics of these cars have been nothing short of outstanding, too.
But in the years since my last experience with the Roush formula, Ford's own development team has churned out some pretty potent 'Stangs. We currently live in a world where the Blue Oval will sell you a Mustang with 662 horsepower from the factory, and the recently departed Boss 302 remains one of the best Mustangs - and best sports coupes - the Autoblog crew has ever driven.
So with great-driving and hugely powerful Mustangs coming straight off the line at Ford's Flat Rock Assembly Plant, does the Roush package still offer that extra special something to make it stand out? I spent a week with a Stage 3 coupe to find out.