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Ford unveils Mustang 50th anniversary logo

Ford is gearing up for a year-long celebration of the 50th anniversary of the Mustang in 2014, and revealed a logo Tuesday to be used on fan merchandise. The anniversary logo uses the traditional galloping pony in silhouette, placed above the words “50 years.” Ford designer Michael Thompson is credited with creating the anniversary logo. The logo will either be white on a black background or black on white, Ford says.

Hungarian Grand Prix (2013) RESULT

Lewis Hamilton wins the Hungarian Grand Prix The story of Lewis Hamilton’s first season at Mercedes has been on of qualifying highs and race lows, but could Hungary be the place Hamilton turns all that promise in to a win? In a word – yes. Lewis Hamilton has won his first Grand Prix for Mercedes at the Hungaroring – a race he’s won three time before – in a brilliant drive, helped by a few lucky breaks, and despite Mercedes having problems all weekend with overheating.

Mark Fields replaces Alan Mulally as Ford CEO

Ford Motor Co. named Mark Fields to replace Alan Mulally as CEO on July 1, handing the reins to a 25-year company veteran after being saved by an auto industry outsider. “From the first day we discussed Ford's transformation eight years ago, Alan and I agreed that developing the next generation of leaders and ensuring an orderly CEO succession were among our highest priorities,” Executive Chairman Bill Ford said in a statement.