1973 Ford F100. Tons Of Work Done. New Interior And More. Va Inspected. on 2040-cars

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Ford books $1.2B profit in second quarter on strength of trucks

Ford is rolling along nicely, with a positive second-quarter sales report and a $2.3 billion profit in North America. The Dearborn, Michigan-based manufacturer captured $1.2 billion globally from April to June, with a $177 million profit in Asia. Even in Europe, the land of doom and gloom for automakers not named Mazda, Ford saw some success as it lowered its expected full-year loss from $2 billion to $1.8 billion. The company lost $348 million in Europe during the second quarter, which, believe it or not, represents a $56-million improvement over 2012.
According to the report on CNBC, Ford enjoyed a three-percent increase in pre-market trading thanks to the news. The strong demand for the F-150 propelled growth in the US market, while Ford's 47-percent increase in Asian sales can be attributed to the new EcoSport crossover and Kuga (Ford Escape in the US) arriving in the somewhat fragile Chinese market.
Pre-tax profits for Ford are expected to be in the neighborhood of $8 billion by the end of the year, with sales the US, Europe, and China all looking up. The company also shifted $4.78 billion of asset-backed debt in the form of bonds, according to a report by Bloomberg. This move came amidst rumors of the Federal Reserve cutting back on its $85-billion-per-month bond purchases. Ford wasn't alone among automakers looking to sell off debt, though, as Mercedes-Benz and Nissan shifted around $1 billion each in bonds relating to auto loans.

Is this the 2017 Ford Fusion?

Thanks to the sharp eyes of an anonymous tipster, you're looking at what may very well be the 2017 Ford Fusion. We know Ford's midsize sedan is in line for a makeover, and judging by the spy shots we've already seen, the somewhat blurry photo above matches what we're expecting to see. Styling updates won't be major, which is probably wise considering how well-received the current car's overall look was when it debuted as a 2013 model. The most immediately obvious styling tweak is a more taut fascia, with a grille that's pulled wider and pointier than the current Fusion. A shapely pair of headlights flank that new grille, and at the lower corners, angular new blades that may or may not house driving lights are new decorations to the Fusion's face. We don't see any changes to the car's bodysides, and with just one angle to dissect, we'll just have to guess at what the next Fusion will look like from the rear. Take a good look at the image above and let us know what you think. Is this indeed the 2017 Ford Fusion, and if so, is it a step in the right direction? Related Video: News Source: Ford (PDF link) Design/Style Ford Sedan

Ford recalling nearly 700k Escape CUVs, C-Max hybrids over two separate safety issues

Poor Escape. Ever since its launch in 2012, Ford's small CUV has been the subject of many, many, many recalls. And today, The Detroit News is reporting that Ford is adding two more recalls to the 2013-14 model year Escape's permanent record, one of them also involves the C-Max hybrid hatchback.
The first recall, covering 692,500 Escape and C-Max vehicles, is due to a software glitch that could cause the airbags - specifically, the safety canopy - to not deploy in a timely fashion during rollover crashes. According to the News, Ford says no crashes or injuries have been reported in relation to this problem.
The second recall, covering 692,700 Escapes, is related to the door handles. The News reports that the exterior door handles could open while the vehicle is in motion, and could also fail to latch properly. Once again, no crashes or injuries have occurred because of this. The National Highway Safety Traffic Administration has not issued an official notice on either recall as of this writing.