1960 Ford Thunderbird on 2040-cars

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Ford Q1 profits dragged down by warranty costs

General Motors isn't the only Detroit automaker posting falling profits in the first quarter. Ford just released its Q1 2014 financial data, and it reported a net income of $989 million, down $622 million from Q1 2013. The drop is partially blamed on higher warranty and recall expenses than the company had anticipated.
Financially, Ford suffered a rough quarter almost across the board. Its pre-tax profit of $1.4 billion was also down $765 million from a year ago. Things were even worse in the North American market where operating profit fell significantly to $1.5 billion, down from $2.392 billion in Q1 2013. However, its global revenue ticked up slightly to $35.9 billion, from $35.6 billion in this period in 2013.
Ford admitted that it spent about $900 million on expenses that it hadn't planned for during this quarter. According to Reuters, the company paid about $400 million in additional warranty and recall costs in North America. The automaker didn't explain why the costs were so much higher than expected. However, in the last three months, Ford has had several recalls, including on the 2001-2004 Escape for rust, Explorer for its steering, Edge for its fuel line and others.

Ford spider screen keeps creepy-crawlies out of cars

Ford is waging a global war on spiders with the 2016 Focus RS. The little beasties can be a real menace to a vehicle by blocking lines with their dense webs, but engineers at the Blue Oval now have a new screen that they claim keeps the bugs at bay. Yellow sac spiders especially like to craft their webs in fuel vapor lines, but blocking the way can cause pressure to build, leading to a safety issue. Implemented in 2004, Ford already has a screen to keep the creepy-crawlies out. But the company now has an updated version in North America, and the Focus RS is the first global vehicle with it. "We are constantly improving and adapting, even when it comes to technologies that are already working," said William Euliss, Ford fuel systems engineer, in the screen's announcement. It might seem like a waste to put engineers on the task of making a spider screen, but the device could save Ford money in the long run. Arachnids have been responsible for the recalls of hundreds thousands of vehicles in the US over the years. Mazda issued two campaigns on the Mazda6 due to the webs causing pressure to build up in the fuel tank and potentially leading to a split. There was also a similar recall from Suzuki, and another one covering the air conditioning system on Toyotas. LOOK OUT! HERE COME THE SPIDERMEN: FORD ENGINEERS USE ARACHNID LEARNINGS TO DEVELOP INNOVATIVE SCREEN TO KEEP CREEPY CRAWLERS OUT AUG 5, 2015 | DEARBORN, MICH. Ford engineers developed an innovative spider screen to keep the creepy crawlers from nesting inside vehicles Screen prevents spiders from building cocoon-like webs dense enough to potentially block fuel vapor lines, which can damage engines and diminish vehicle performance Now, an updated version of the spider screen is being implemented in Ford vehicles in North America; it will go global with launch of the all-new 2016 Ford Focus RS DEARBORN, Mich., Aug. 5, 2015 – Arachnophobes may not know this, but there is a team of Ford engineers who developed an innovative spider screen to keep the creepy crawlers from nesting in Ford vehicles. You're welcome. Cheiracanthium mildei and Cheiracanthium inclusum – more commonly referred to as yellow sac spiders – have been known to nest inside vehicles in North America, causing problems for car owners and automakers alike over the years. Instead of using webs to catch prey, these spiders build cocoon-like webs for shelter and to lay eggs.

Shelby Cobra, Mercedes 300SL and 1947 Woodie from Petersen Museum headed to auction

The changes happening at the Petersen Museum have been making the rounds in major press, but it probably won't be until August 18, during Pebble Beach, when we get the full story on what's happening; that's where and when museum reps plan on announcing the way forward for the SoCal institution. In the meantime, the museum is still reorganizing its collection, and that means auctioning some of its showpieces at this weekend's Auctions America event in Burbank.
Three of the stars are a 1964 Shelby Cobra 289, one of less than 20 produced with a three-speed C-4 automatic transmission, a 1960 Mercedes-Benz 300SL owned by actor Robert Stack and the last 1948 Ford Sportsman 'Woodie' ever produced. The Cobra, now restored to its original white exterior and red leather interior, was a factory demonstrator that first sold for $5,250. Showing just 38,950 miles on the odometer, its pre-sale estimate is $800,000 to $1 million.
The 300SL is actually a 1957 model but wasn't titled until Robert Stack took possession in 1960. The lead actor in the The Untouchables TV series used to drive by the Sunset Boulevard Mercedes dealership to ogle the car, but couldn't justify spending the money to buy it. When he and the producer of The Untouchables won Emmys for the show, the producer, who happened to be Desi Arnaz, bought the car for Stack. He owned it his whole life, it has been left as Stack drove it and still bears the California license plate "UNTCHBL."