1956 Ford Customline 2 Door Coupe! Fully Restored, Show Stopper on 2040-cars

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Here's more of the Ford GT soundtrack

You probably won't be surprised to find out that that while we outsiders were speculating on the racing plans for the new Ford GT, the automaker was already testing the American exotic on track. Ford Performance has just posted some footage from one of those tests and it's worth a watch. In spite of that early exhaust promo and Xcar's two in-depth videos on the racer and the road-going coupe, this is the first time we've been treated to sustained looks at the track version just laying in laps and roaring by. Now that we know Ford's plans include running four cars throughout the 2016 season, the early testing makes sense. Ford will have two cars running in the GTE-Pro class in the Tudor United Sports Car Championship and another two in the same class in the FIA World Endurance Championship, all of them campaigned by Chip Ganassi Racing with the Felix Sabates team. Then the company plans to have all four cars at Le Mans, which will be Chip Ganassi's first ever tilt at the French event. If you want some practice picking out exhaust notes come 2016, check out the video above. Related Video: Featured Gallery Ford GT LM GTE Pro View 18 Photos News Source: Ford Performance via YouTube Motorsports Ford Coupe Racing Vehicles Performance Videos ford performance

EU formally questions French government assistance of Peugeot's finance arm

Recently, the finance arm of PSA/Peugeot-Citroën was in such debt trouble that it was pricing itself out of the car loan market. The rates it was paying to service its debt, which was rated one step above junk, were so high that it was forced to charge car-buying customers higher rates than they could find elsewhere. This was adding to Peugeot's already impressive woes by sending revenue out the door to competitors.
Two months ago a deal was worked out with the French government whereby the state would provide 7 billion euro ($9 billion USD) in bonds to guarantee the finance arm's loans. The French government could nominate someone to join the Peugeot board, Peugeot would guarantee more French jobs, and on top of that deal, other banks would provide non-guaranteed loans. The government would take no equity stake in the car company.
Although not yet finalized, the arrangement is meant to create some breathing room for Peugeot Finance to lower its interest rates for customers, and a government-nominated board member, Louis Gallois, was recently named to Peugeot's supervisory board. The arrangement was also openly questioned by at least three competitors: Ford, Renault - which is 15-percent owned by the French government after it received state aid - and the German state of Lower Saxony, itself a 15-percent shareholder in Volkswagen.

1964 Ford GT40 prototype to be auctioned in April

The Ford GT40 owns a firm spot on the list of the greatest American racecars ever made, being the first car from the United States to take an overall win in the 24 Hours of Le Mans. And now Mecum will auction what it claims is second-oldest GT40 still in existence at its Houston sale on April 12.
The story of the GT40 is fascinating. Henry Ford II attempted to buy Ferrari in the early '60s, but Enzo refused. Ford decided if he couldn't have them, then he would beat the Prancing Horse on the track. Ford went to Carroll Shelby and asked him to spearhead the program. The early cars combined a steel monocoque chassis with Ford's 4.2-liter V8 engine pumping out around 350 horsepower. The first prototype made its public debuted on April 1, 1964, at the New York Auto Show.
Shelby kept building prototypes, including GT/104, which is for sale here. This version featured a lighter steel chassis and was raced at Le Mans in 1964. However, a fire forced it to retire. It was then repainted and had a 4.7-liter (289-cubic-inch) engine fitted. The chassis had its best finish at the 1965 Daytona Continental 2,000 Kilometers where it finished third with Bob Bondurant and Ritchie Ginther behind the wheel. Later that season, it was shipped back to Ford where it was restored and displayed at auto shows until 1971 when the automaker sold it. Since then, it has had many private owners.