1989 Ford Ranger Custom Extended Cab Pickup 2-door 2.9l on 2040-cars

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DoJ fines Japanese parts firms $740M in massive automotive price-fixing scandal

Nine Japanese suppliers have pleaded guilty in US court over charges of price fixing in the automotive parts industry, resulting in the Department of Justice doling out a total of $740 million of fines, according to a report from Bloomberg. The scandal, which has resulted in General Motors, Ford, Toyota and Chrysler spending up to $5 billion on inflated parts and driving up prices on 25 million vehicles has sent the DoJ hustling into investigations. "The conduct this investigation uncovered involved more than a dozen separate conspiracies aimed at the U.S. economy," Attorney General Eric Holder (pictured above) said during yesterday's press conference.
As the investigation stands, the DoJ has issued $1.6 billion in fines against 20 companies and 21 individual executives, with 17 of the execs headed to prison. Deputy Assistant Attorney General Scott Hammond said, "The breadth of the conspiracies brought to light today are as egregious as they are pervasive. They involve more than a dozen separate conspiracies operating independently but all sharing in common that they targeted US automotive manufacturers."
Big-name suppliers indicted in the investigation include Mitsubishi Electric, Mitsubishi Heavy Industries, Hitachi Automotive and Mitsuba Corporation. A list of fines and other corporations named in the investigation is available at Bloomberg.

Americans will get a four-cylinder Ford Mustang after all? [w/poll]

Ask and you shall receive. Remember that previous report suggesting that the 2015 Ford Mustang getting a four-cylinder EcoBoost engine, and that it would be sold in Europe only and not the United States? Well, according to Road & Track, the rumor is only partially true - The Mustang will get the engine, but it is indeed coming to America.
Additionally, according to RT, the 3.7-liter V6 will continue to serve as the base engine, and since it offers up a stout 305 horsepower in its current form, it's likely that the 2.3-liter four-cylinder EcoBoost will produce a bit more than that. At the top of the range, the Mustang GT will continue to soldier on with a V8 engine, which should continue to send over 400 horsepower to the rear wheels.
Finally, while we agree 100 percent with RT's heartfelt request for a paddle-shift automatic, we certainly expect that the EcoBoost 'Stang will be offered with a manual transmission as standard equipment. This is a Mustang, after all...

How Ford secretly used customers to test its aluminum F-150 [w/video]

Automakers getting clever about disguising development vehicles isn't anything new. Between mules wearing the sheetmetal of other cars and prototypes decked out in as much camouflage as is practical, automakers know how to make it very difficult for the general public to get an exact idea of what kind of vehicle is in development. Ford, though, is rapidly becoming the master.
We knew that the Blue Oval originally tested the durability of the aluminum construction being used for the 2015 F-150 by building an all-aluminum 2014 truck and entering it in the Baja 1000 off-road race. That's no longer a secret. What we didn't know, though, is that the aluminum development dates back to before even that, and that some of the people in question had no idea what it was they were working with.
Ford says this is the first time prototypes have ever been handed over to the public.