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Gooding to auction 2016 Shelby GT350 to benefit vets

Gooding & Company will be auctioning off a brand-new 2016 Ford Shelby GT350 on August 15 at Pebble Beach. The chance to own Dearborn's new flagship muscle car is surely enough all on its own to garner some serious bids. Combine that desirability with a hefty dose of star power and the desire to support a good cause and we're sure this particular pony car will be boosted even further. The GT350 is being sold to support the Military Service Initiative at the George W. Bush Institute, a program that seeks to support post-9/11 military veterans and their families as they transition into civilian life. The car's dashboard has been signed by the former president, and will be auctioned off by none other than Jay Leno – who in addition to being an unsurpassed showman and car nut is also known as a passionate supporter of American servicemen. Gooding expects the super-Stang to fetch between $75,000 and $100,000 for the cause – or roughly twice the car's $47,870 MSRP. The 2016 Ford Shelby GT350 Mustang debuted late last year at the LA Auto Show. It packs a new 5.2-liter V8 with a flat-plane crank, kicking out 526 horsepower and 429 pound-feet of torque. That makes it the most powerful naturally aspirated engine Ford has ever made. "This is one of the most exotic engines ever produced by a major American manufacturer plus the fact that it's going into the most American of cars," said Jay Leno. "I am proud to help auction this car off where the proceeds will go to helping our veterans." Related Video: 2016 Ford Shelby GT350 to be Auctioned to Benefit the George W. Bush Institute's Military Service Initiative at Gooding & Company's Pebble Beach Auctions Jay Leno to present the Ford Shelby GT350 as it crosses the block on Saturday, August 15 SANTA MONICA, Calif. (August 3, 2015) – Gooding & Company, the official auction house of The Pebble Beach Concours d'Elegance®, is thrilled to offer for sale a 2016 Ford Shelby GT350. The sale of this Shelby will benefit the George W. Bush Institute's Military Service Initiative, a charity that honors the service and sacrifice of post-9/11 veterans and military families by bridging the civilian-military divide and fostering a successful transition and reintegration from military service to civilian life. The 2016 Ford Shelby GT350 is the first vehicle to implement Ford's new race-derived flat-plane crank 5.2-liter V-8, the most powerful naturally-aspirated engine ever to grace a Ford.

UAW warns automakers: Restarting U.S. plants is 'too soon and too risky'

WASHINGTON/WARREN, Mich. — The head of the United Auto Workers union on Thursday said it was "too soon and too risky" to reopen auto plants and Michigan's economy in early May, citing insufficient scientific data and coronavirus testing to assure workplaces are safe. The warning from UAW President Rory Gamble on Thursday afternoon came as General Motors Co , Ford Motor Co and Toyota Motor Corp took new steps toward reopening North American vehicle manufacturing operations in an environment where consumer demand is uncertain and worker safety paramount. The union has said that 24 of its members have died from Covid-19, though it was unclear whether they might have become infected in the workplace. Unionized Detroit automakers and non-union German and Asian automakers have been preparing to restart U.S. vehicle making operations by early May. Companies have shifted reopening dates amid uncertainty about government stay-at-home orders. Gamble's statement appeared to derail plans by the Detroit Three to start bringing UAW workers back to vehicle manufacturing jobs on May 4. The longer the automakers cannot produce profitable U.S.-made trucks and sport utility vehicles, the longer they burn cash. The UAW leader's statement was also aimed at Michigan Gov. Gretchen Whitmer, who has come under pressure from conservative groups and President Donald Trump to ease coronavirus stay-at-home restrictions. "At this point in time, the UAW does not believe the scientific data is conclusive that it is safe to have our members back in the workplace. We have not done enough testing to really understand the threat our members face," Gamble said. "We strongly suggest to our companies in all sectors that an early May date is too soon and too risky to our members, their families and their communities." Gamble said the union was "happy with the auto companiesÂ’ response and cooperation on working through the health and safety protocols we will need in the workplace when it is appropriate to restart." Earlier Thursday, GM began notifying front line managers to come back to work next week to get trained on new safety protocols designed to prevent the spread of the novel coronavirus as workers return to plants.

Ford says C-Max mpg reduction has hurt sales

The Ford C-Max is having a rough time. Sales for the five-door hybrid hatchback were down 39.1 percent in March to 2,295 cars, and sales from January through March were down 42.5 percent to 5,566 units. In an interview with The Detroit News, Ford Americas boss Joe Hinrichs places the blame on lowering the model's fuel economy rating.
"We're definitely seeing consideration on C-Max decline over time. We need to reinvest in the product because it's a great car," said Hinrichs to The Detroit News.
The company was hit with bad publicity over the C-Max when owners in multiple states filed class action lawsuits that alleged the cars weren't able to meet the stated fuel economy. Ford eventually re-rated the model from 47 miles per gallon city, highway and combined to 40 mpg city, 45 mpg highway and 43 mpg combined. To soften the blow of the change, the automaker sent checks to the owners to make up some of the difference. Initially, Ford claimed that demand remained strong for the hybrid. However, the latest sales figures and Hinrichs' statement seem to show the opposite.