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Ford to auction Mustang Cobra Jet prototype for charity [w/video]

Prototypes developed by major automakers typically remain in said company's custody, but every once in a while, one trickles out into private hands. And that's just what we have here. Ford is donating a one-of-a-kind factory prototype for the 2014 Mustang Cobra Jet that will be auctioned off later this month by Barrett-Jackson in Las Vegas to benefit the National Multiple Sclerosis Society.
Powered by a 5.0-liter supercharged V8 mated to a T4 competition gearbox, this rare Cobra Jet prototype includes a wheelie bar, chromoly roll cage, Weld wheels, three-link rear suspension, racing brakes, 9-inch rear axle and more. It's painted in a unique satin orange with reflective gray striping scheme, bears the serial number 2014 BJMS CJXX1 and is fully ready for NHRA competition on the drag strip.
To be offered with no reserve on Saturday, September 28, 2013, the Cobra Jet prototype's winning bidder will also receive tutelage at Roy Hill's Drag Racing School in Sophia, NC, along with tours of the Ford Product Development Center, Ford Racing headquarters and Ford Design Studios with Mustang chief engineer Dave Pericak. Scope out the video and details below for what could be the ultimate Mustang experience for a good cause.

This is the 2016 Ford Explorer Platinum, full of Nirvana

We knew two the most important things about the Platinum trim on the Ford Explorer when the configurator arrived online at the end of last year: it starts at $52,600 and comes standard with just about everything. In advance of the Explorer Platinum arriving at dealerships in September, Ford's dropped details on the superluxe crossover and what its chief designer calls "the most upscale, high-quality interior we've ever offered on a Ford vehicle in North America." So-called Nirvana leather goes everywhere, on the micro-perforated front seats, the rear seats, the instrument panel, armrests, door bolsters, and upper door trim. It looks like it can be had in two colors, either Soft Ceramic or Ebony, with a headliner colored Anthracite that goes with a matching, fabric-wrapped A-pillar. Elsewhere, there's genuine aluminum and ash wood, a stitched-leather-and-wood steering wheel with a brushed aluminum Ford logo, and a gauge cluster with a 10-inch digital display flanked by analog dials. View 16 Photos Another first is the 500-watt Sony stereo, the first time that brand has incorporated its premium home audio technology into a vehicle. Twelve speakers in ten locations are said to be able to recreate the sound from several concert halls around the world, and to stage instruments and voices around the cabin the same way you'd hear them at home. The Explorer Platinum is less ostentatious outside, with LED headlights, silver skidplates front and back, and special 20-inch wheels denoting the Platinum from other trims. The 365-horsepower, 3.5-liter EcoBoost V6 is standard, along with Terrain Management, active park assist that works for both perpendicular and parallel spots, lane keeping assistance, and rain-sensing wipers. The two press releases below go over all the goodies.

Auto investor Kirk Kerkorian dead at 98

Kirk Kerkorian, among the most talked-about investors in the American auto industry in recent memory, died at the age of 98 in Los Angeles on Monday, June 15. The billionaire ran the investment company Tracinda Corp. and was the largest shareholder in MGM Resorts International. Kerkorian attempted to use his power as a well-financed investor to push the auto industry in some fascinating ways. In 2006, he used his nearly 10-percent stake in General Motors to push a merger with the Renault-Nissan Alliance. The deal made it as far as discussions, but eventually fell through. Kerkorian also attempted to purchase Chrysler - twice. According to Automotive News, the first effort came in 1995 with a $22.8-billion offer for the automaker, and soon after it failed the company merged with Daimler. Then in 2007, Kerkorian was back with a bid for $4.5 billion, but things eventually fell to Cerberus. The billionaire finished the trifecta by buying up $1 billion in Ford stock in 2008 to make Kerkorian the single largest investor in the company. However, the situation didn't last long, and by the end of that year, he had unloaded the shares. According to Automotive News, Kerkorian was ranked by Forbes as the world's 41st richest man in 2008 with a net worth of $16 billion. News Source: Automotive News - sub. req.Image Credit: Joe Cavaretta / AP Photo Celebrities Earnings/Financials Chrysler Ford GM obituary