1974 Mercury Comet Base Sedan 2-door 4.1l on 2040-cars

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NHTSA will investigate some Ford Fusion, Lincoln MKZ models for power steering issue

The National Highway Traffic Safety Administration is opening an investigation into the 2010-2012 Ford Fusion, Fusion Hybrid and Lincoln MKZ, the 2012 MKZ Hybrid and 2011 Mercury Milan because the agency has hundreds of complaints of electric power steering failure in these models.
According to NHTSA's data, it has received 508 complaints of the power steering allegedly suddenly malfunctioning and resulting in increased effort to turn the wheel. In four incidents, these failures resulted in loss of control and crashes. According to the reports, in some cases a power steering warning message came on as the fault occurred, and other times the system restored itself by turning off and then restarting the vehicle. NHTSA said it has also received further field report data from Ford, but that information hasn't been publicly released yet.
For the moment, there isn't a recall for this failure on these models. NHTSA is just investigating them to "assess the scope, frequency and safety consequences of the alleged defect," and the agency says an estimated 938,000 vehicles could potentially be affected.

Automakers tussle over owners of 'orphan' makes

When General Motors put down several of its brands in recent years, it also let loose thousands of brand-loyal customers who will eventually need another car.
R.L. Polk Associates estimates there are more than 18 million cars from 16 discontinued makes on the road today. Those "orphan owners" have sales-hungry competitors seeing dollar signs. GM is offering Saturn owners $1,000 cash toward a Chevy Cruze, Cadillac CTS or a GMC Acadia. Ford is giving its Mercury lease customers a chance to get out of their contracts with no early-termination penalty and offering to waive six remaining payments if they drive off in a Ford or Lincoln.
Edmunds.com research shows the efforts are paying off somewhat for GM, with 39 percent of Pontiac owners, 37 percent of Hummer owners and 31 percent of Saturn owners taking delivery of another GM-branded vehicle. But that leaves as much as 69 percent of owners going elsewhere. Ford, Honda and Toyota seem to be attracting many former GM owners.

This Mercury Cougar Eliminator is a lovely '69 survivor

If you have an overachieving brother/sister/cousin/friend (or whoever), you might know this feeling well; it can be tough to live up to those standards. In many ways, that notion can also describe the Mercury Cougar and its pioneering Ford Mustang sibling. Quite the act to follow, no? Happily though, the Cougar proved to be different enough from its Mustang relative to make a big splash, and perhaps no more so than in its racy "Eliminator" trim, new for 1969. This is one such heady Mercury, dressed in sporty Competition Orange paint, and claimed to be an unrestored "survivor." Need it in your life? The '69 Mercury Cougar Eliminator recently popped up on eBay in Chepachet, Rhode Island . The genesis of the Mercury Cougar began in 1967, really with one singular purpose—to bridge the gap between the Ford Mustang and the Ford Thunderbird with a more upscale, stylish, and chiefly more "European" feeling pony car. It's safe to say the Cougar fit the bill. Using the Mustang chassis as a base, the early Cougars were about three inches longer than their 'Stang cousins and offered better legroom, sleek front and rear fascias, and a more luxe interior. Don't mistake "upscale" for "soft" however; come 1969 the Eliminator package gave the Cougar a seriously mean attitude. Spec-up the interior package and you received high-back bucket seats, a Rallye clock, wood-rimmed steering wheel, and padded interior moldings among other custom trims. Outside is where the Eliminator really struts its stuff, though. Eliminators came equipped with a blacked-out grille, special steel wheels, an aggressive front splitter and rear wing, plus racy decals and side stripes. Four color choices were available — Competition Orange, Bright Blue Metallic, White, and Bright Yellow. As standard, the '69 Mercury Cougar Eliminator came equipped with a 351 cubic inch V8, boasting 290 horsepower, as seen in the case of this car. More powerful options were also available, as noted by Barnfinds, which included a big 390 cubic inch V8 (320 hp), a high-revving Boss 302 V8, and the gargantuan 428 Cobra Jet V8. Peek beneath the body of this Cougar and the 351ci V8 is hooked up to a desirable close-ratio four-speed manual transmission, showing a claimed 35,243 miles. Though the mileage isn't verified, the car's overall condition and wear would suggest the readings to be true. Befitting those low miles, this unrestored Cougar does carry quite the high price — a tall $32,000.