Rts1072 Seal (ford) on 2040-parts.com

First 2015 retail Mustang goes for $300K

Compared to your typical Barrett-Jackson collector car auction price, $300,000 might not seem like too much--a 1967 Corvette went for $3.8 million. But with 100 percent of the proceeds going to the Juvenile Diabetes Research Foundation, $300,000 doesn't sound too shabby. On Saturday, the winning bidder ended up dishing out $300k for the first 2015 retail Ford Mustang GT, about 10 times the actual price.

Ford on a mission to locate lost Punch Bowl racing trophy

“Ford has lost the Punch Bowl--and we want it back,” declared Edsel B. Ford II earlier this week in New York City. Indeed, the Punch Bowl is a historical artifact of Ford Motor Racing (which predates Ford Motor Co.

Cool Cars and Hot August Nights

Hot August Nights is a weeklong party, and the cars are the stars. Not just any cars--vintage, cool cars, mostly from the 1950s and '60s. American-made muscle cars such as Ford Mustangs, Shelby Cobras, Chevrolet Camaros and Pontiac GTOs dominate the festival in Reno, Nev., but there are also plenty of Cadillacs, Oldsmobiles, AMCs and even some Jaguars, Volkswagens and Mini Coopers seen cruising the streets of northern Nevada.