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Ford family keeps special voting rights

Ford Motor Company has a dual-class stock structure of Class A and Class B shares. The roughly three billion Class A shares are for the general public like you and me, while the roughly 71 million Class B shares are all owned by the Ford family. Each Class A share gets the shareholder one vote, each Class B share is worth 16 votes, the result being that Common Stock holders control about 60 percent of the company while the Ford family controls 40 percent even though it holds far fewer shares. The only way that could ever change would be if the Fords sell their Class B shares, but even so, Class B shares revert to Class A when sold outside the family, so they'd have to sell a whole bunch of them.
A contingent of Class A shareholders think the dual-class system is unfair, and for the past few years a vote's been held during the annual shareholders meeting to end it. It has failed every time, as it just did again during the meeting held this week. A smidge over 33 percent voted to end the dual system, outvoted by the 67 percent who are happy with the way Ford is going - unsurprising in view of a corporate turnaround that will be part of business-class curricula for years to come.
On the sidelines, Ford elected Ellen R. Marram to the post of independent director, the first woman to hold the job. The former Tropicana CEO and 20-year Ford board member replaces retiring board member Irvine Hockaday who helped bring Alan Mulally to the CEO position.

Ford F-150 King Ranch celebrates 'history and authenticity' for 2015 [w/video]

What's life like on an authentic Texas ranch? We honestly have no idea, having never lived on such a ranch, but we imagine it requires lots of hard work, grit and determination to keep all 825,000 acres - that's larger than the state of Rhode Island - of the King Ranch in Texas under control. Indeed, a total of 350 vehicles, all of which come from Ford, we're told, are currently in use by the ranch. No wonder, then, that the collaboration between Ford and King Ranch has lasted for 15 successful years.
For 2015, in celebration of that 15th anniversary, Ford is debuting three new King Ranch models today at the Houston Livestock Show and Rodeo. The most significant is the 2015 F-150 King Ranch, which, naturally, will add unique interior and exterior bits and pieces to the new aluminum-intensive F-Series pickup. Color choices will consist of Caribou, Bronze Fire, Guard and Ruby Red Metallic Clearcoat, with a range of two-tones to go along with a monochromatic scheme in Caribou. Inside, a bespoke King Ranch interior will be swathed in Premium Mesa Brown leather.
Joining the F-150 King Ranch on dealership floors later this year will be 2015 King Ranch editions of the Super Duty pickup and Expedition fullsize SUV, all of which will offer similar levels of content. Scroll down for more details and two videos from Ford, and be sure to check out the high-res image gallery above, which was shot by the official State Photographer of Texas, Wyman Meinzer.

New Ford Escape spied inside and out

For the 2016 model year, the Ford Escape receives the Blue Oval's latest Sync 3 infotainment system and some minor tweaks to the color and trim options. Based on these new spy shots, it would appear that the crossover is due for some much bigger changes not too far into the future, as well. The thorough refresh isn't just an exterior styling update, either. Ford's designers are giving the future Escape a front end that's a bit more in the style of the latest Edge, at least based on these shots. Peek behind the mesh obscuring the grille, and the styling there now appears to have a hexagonal shape with horizontal slats and a smaller, lower intake. At the same time, the headlights are narrower and come to a sharper point as they wrap around the fender. The heavy camouflage makes the changes at the back harder to spot, although the taillights seem subtly tweaked with a similar overall shape but a clear stripe cutting through the center. The Escape also seems to be receiving a completely different center stack inside, but the area is still well concealed. The gearshift moves down between the seats, and that allows physical controls for the radio and HVAC to take that real estate. It's possible that the infotainment screen might pop up from the mesh-covered area you can see at the top of the interior photos. Take a look through the gallery for some detailed shots of Ford's camouflaged crossover.