1955 Johnson Shift Arm Model # Rd17s on 2040-parts.com

Ford's net profit slips to $1.65 billion for the third quarter

Ford Motor Co., hurt by accounting changes related to commodity prices, said third-quarter net profits fell slightly to $1.65 billion from $1.69 billion a year earlier. Pretax profits fell to $1.94 billion from $2.06 billion a year earlier. North American pretax operating profits were essentially flat from the year-earlier period at $1.6 billion.

CAFE standard set at 54.5 mpg by 2025

The final version of the new corporate average fuel economy (CAFE) standard was released today and, as expected, automakers will need to attain a fleet average of 54.5 mpg by 2025. The rules include electric and hybrid vehicles and—as of today—natural gas vehicles. The Environmental Protection Agency and the National Highway Traffic Safety Administration proposed the rules in November, after reaching an agreement with automakers last July.

‘Lamborghini’ Ferruccio (2008) first official pictures

By Mike Elwin First Official Pictures 01 April 2008 10:57 This is the Lamborghini that never was: the stillborn Ferruccio project that has just been put on ice owing to a lack of orders. Designed by Italian coachbuilder Magvisio, the Ferruccio was a rebodied Murcielago LP640 and would have been faster than any current car wearing the Lamborghini badge, with a claimed top speed of 230mph. Although not an official Lamborghini project, Sant'Agata was monitoring the scheme ‘with interest’, according to its creators.Magvisio specialises in customisation jobs for private clients, and the Ferruccio was to be its first stab at designing a car from the ground up.