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Stock Miata beats bunch of high-powered cars in wet 1/4-mile drag race

When is a stock, 167-horsepower Mazda MX-5 Miata quicker than a Chevrolet Corvette, Ford Mustang, Lamborghini Gallardo, Lotus Elise and a Porsche 911? When it's raining. Sort of.
Mazda Canada arranged a unique drag race to show off the fact that the Miata's optional power retractable folding hardtop can go from top-down to top-up in just 12 seconds flat. In this video, all six cars line up for a drag race, and it starts to rain (well, sort of - but you'll have to watch the video all the way to the end to see what we mean). The green flag is waved, and the timer starts as soon as the convertibles begin to put their tops up. But because the Miata's roof mechanism gets the car's roof back up a full 5.1 seconds quicker than the second-place car, the Mazda gets a serious advantage off the line for the actual drag race.
It's a fun video. And while we've spoiled the results (come on, the video was uploaded by Mazda, you knew the Miata was going to win), be sure to see how it all unfolds, below.

Ford earnings take a dive on investment, slowing sales; workers get $6,900 in profit sharing

Ford Motor Company's pre-tax profits for 2014 took a beating, falling to $6.3 billion, a $2.3-billion drop from 2013, while overall revenues fell from $139.4 billion to $135.8 billion. Net income for 2014, meanwhile, plunged 56 percent, from $7.18 billion to $3.19 billion. Yeah, those aren't great numbers. While Ford's figures are largely down across the board, some of the weaker numbers aren't too difficult to explain away. The company launched 24 vehicles across the globe in 2014, including some of its biggest and most important volume models, like the 2015 F-150, as well as iconic offerings like the new Mustang. The result of this is both increased investment as well as a drop in total sales – US market numbers were down 164,000 units compared to 2013. Recall claims and high warranty costs also did a number on the Blue Oval. "2014 was a solid yet challenging year for Ford - with our investments and a record number of new products launched around the world positioning us for strong growth this year and beyond," Ford CEO Mark Fields said in a statement. Ford's 50,180 UAW workers in the United States will receive profit-sharing checks of $6,900. In some markets, Ford's fortunes were impacted by outside factors. Europe, for example, recorded more sales (up 70,000 units) and higher revenues (up $2.2 billion), but still reported a $443-million pre-tax loss. Blame was placed on the crumbling Russian economy, which has suffered from sanctions and slumping oil prices. Despite its troubles last year, the company still seems bullish on 2015. Ford's pre-tax outlook remains unchanged, as the company expects to make anywhere from $8.5 to $9.5 billion on the back of higher revenue from the company's automotive operations. We expect strong growth and improved financial performance in 2015 driven by our investments in new products and capacity," Ford CFO Bob Shanks said of the company's future.

MotorWeek remembers pre-EcoBoost Ford with the Thunderbird TurboCoupe

Sometimes it feels great to embrace nostalgia for a trip down memory lane, and MotorWeek indulges that occasional desire with its regular Retro Review series. This time, the long-lived show goes back to the '80s to check out two of the top performance vehicles in the Ford lineup at the time – the 1987 Thunderbird TurboCoupe and Mustang GT. Both models had just received thorough refreshes after several years on the market. Long before an EcoBoost badge ever met its models, Ford made early forays into experimenting with turbocharging on vehicles like the T-Bird TurboCoupe. Based on MotorWeek's assessment, the company was on the right track. The boosted 2.3-liter four-cylinder was apparently a bit coarse but offered 190 horsepower with little turbo lag, compared to 155 hp the year before. The Mustang GT is likely the more-fondly remembered of these performance Fords today and provides an interesting point of comparison against the TurboCoupe. MotorWeek found some faults with the 'Stang, though. While it was quick for the time with a sprint to 60 mph in 6.5 seconds, the 'car was described as "a nose-heavy beast" for its handling. And for a look at Ford's future in turbocharging – the GT will have an EcoBoost powerplant – check out our Related Video: