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88-585: The Mercury Cyclone Spoiler II was built in only two trim packages: The Cale Yarborough Special - a white car with red interior and exterior trim, and the Dan Gurney Special - a white car with blue interior and trim. A largely equivalent vehicle was also produced by Ford as the Torino Talladega . The 1969 Mercury Cyclone Spoiler II was based on the Mercury Cyclone "Sportsroof" (Ford's trade name for

176-409: A fastback ) 2-door hardtop. To make the car more aerodynamic at high speeds, a sleeker front section was added. Regular production Mercury Cyclones had a then-fashionable inset grille and headlights, which fared poorly in the wind tunnel. The Mercury Cyclone Spoiler II had this nose replaced with one that extended the car's length by about six inches, with a flush-mounted grille identical to that used on

264-596: A "vote of confidence" because of the pro-business climate being fostered in part by President-elect Donald Trump , Ford had canceled plans to invest $ 1.6 billion in a new plant in Mexico to manufacture the Ford Focus ; instead, the company would invest $ 700 million in Michigan , which it planned to use to create 700 new jobs. The Focus would now be manufactured in the existing plant in Mexico. Also in 2017, Ford began development of

352-503: A $ 2.7 billion profit in fiscal year 2009, the company's first full-year profit in four years. In 2012, Ford's corporate bonds were upgraded from junk to investment grade again, citing sustainable, lasting improvements. On October 29, 2012, Ford announced the sale of its climate control components business, its last remaining automotive components operation, to Detroit Thermal Systems LLC for an undisclosed price. On November 1, 2012, Ford announced that CEO Alan Mulally would stay with

440-663: A 32% stake in China's Jiangling Motors . The Henry Ford Company was Henry Ford's first attempt at a car manufacturing company and was established on November 3, 1901. This became the Cadillac Motor Company on August 22, 1902, after Ford left with the rights to his name. In 1903, the Ford Motor Company was launched in a converted factory, with $ 28,000, equivalent to $ 950,000 in 2023, in cash from twelve investors, most notably John and Horace Dodge , who later founded

528-402: A decade the company led the world in the expansion and refinement of the assembly line concept, and Ford soon brought much of the part production in-house, via vertical integration . Henry Ford was 39 years old when he founded the Ford Motor Company, which became one of the world's largest and most profitable companies. It has been in continuous family control for over 100 years, and is one of

616-893: A driver that killed two men while using BlueCruise. In November 2024, Ford announced that it would cut 800 jobs in the UK and 2,900 in Germany to try and reduce costs. The key trends for the Ford Motor Company are (as of the financial year ending December 31): Members of the Ford board as of March 2023 are: William Clay Ford Jr. (executive chairman), Jim Farley (president and CEO), Kimberly Casiano , Alexandra Ford English (daughter of William Clay Ford Jr.), Henry Ford III (son of Edsel Ford II ), William W. Helman IV, Jon Huntsman Jr. , William E. Kennard , John C. May, Beth E. Mooney , John L. Thornton , John Veihmeyer , Lynn Vojvodich Radakovich, and John S. Weinberg. Jim Farley succeeded Jim Hackett as

704-474: A new mixed-use urban campus in the Corktown neighborhood of Detroit , with its purchase, renovation, and occupation of The Factory at Michigan and Rosa Parks. The new site was expected to have a major focus on the development of autonomous vehicle and electric vehicle technology. Ford later began buying up other parcels of land in Corktown including a very high-profile purchase of Michigan Central Station which

792-443: A plan to return the company to profitability. Fields previewed the plan, named The Way Forward , at the board meeting of the company on December 7, 2005, and it was unveiled to the public on January 23, 2006. "The Way Forward" included resizing the company to match market realities, dropping some unprofitable and inefficient models, consolidating production lines, closing 14 factories and cutting 30,000 jobs. Ford moved to introduce

880-451: A program that doesn't take over the entrants entire weekend. TNiA goes to well known tracks like Road America, VIR, even Sebring and Lime Rock. There are also smaller club tracks like CMP, AMP and Pitt Race. TNiA puts on about 150 events a year, totaling nearly 10,000 entrants each year, and as of 2024 has been running for 10 years. In recent years, the SCCA has expanded and re-organized some of

968-498: A range of new vehicles, including " Crossover SUVs " built on unibody car platforms, rather than more body-on-frame chassis. In developing the hybrid electric powertrain technologies for the Ford Escape Hybrid SUV, the company licensed similar Toyota hybrid technologies in order to avoid patent infringements. Ford announced that it would team up with electricity supply company Southern California Edison (SCE) to examine

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1056-498: A regional or a national racing license. Both modified production cars (ranging from lightly modified cars with only extra safety equipment to heavily modified cars that retain only the basic shape of the original vehicle) and designed-from-scratch " formula " and " sports racer " cars can be used in Club Racing. Most of the participants in the Club Racing program are unpaid amateurs, but some go on to professional racing careers. The club

1144-440: A result of high U.S. health care costs for an aging workforce , soaring gasoline prices, eroding market share, and an overdependence on declining SUV sales. Profit margins decreased on large vehicles due to increased "incentives" (in the form of rebates or low-interest financing) to offset declining demand. In the latter half of 2005, Chairman Bill Ford asked newly appointed Ford Americas Division President Mark Fields to develop

1232-487: A self-driving car startup. In May 2017, Ford announced cuts to its global workforce amid efforts to address the company's declining share price and to improve profits. The company is targeting $ 3 billion in cost reduction and a nearly 10% reduction in the salaried workforce in Asia and North America to enhance earnings in 2018. Jim Hackett was announced to replace Mark Fields as CEO of Ford Motor. Mr. Hackett most recently oversaw

1320-456: A standard deep-dish steering wheel, optional front, and, for the first time in a car, rear seatbelts, and an optional padded dash. Ford introduced child-proof door locks into its products in 1957, and, in the same year, offered the first retractable hardtop on a mass-produced six-seater car. In late 1955, Ford established the Continental division as a separate luxury car division. This division

1408-491: A ten-year building project. The result would see the number of Ford employees working in these areas doubling, to 24,000. During construction, some 2000 of the employees were relocated out of the campus to a temporary location in a disused section of the local shopping mall. Facilities would also be altered to allow ride-sharing and electric and self-driving vehicles. Estimates of the construction cost were $ 1.2 billion. On January 3, 2017, Ford CEO Mark Fields announced that in

1496-521: Is Jerry Hansen , (former owner of Brainerd International Raceway ), with twenty-seven national championships. The fivve national classes of the formula group are Formula Atlantic (FA), Formula Continental (FC), Formula Enterprises 2 (FE2), Formula F (FF), and Formula Vee (FV). The SCCA dropped its amateur only policy in 1962 and began sanctioning professional racing. In 1963, the United States Road Racing Championship

1584-413: Is 129 km/h (80 mph). BlueCruise uses sensors and cameras to regulate the car's speed and to keep track of speed limits and road signs. It also monitors and keeps a safe distance from other vehicles. It also comes equipped with an eye-tracking system. If the driver stops looking at the road then the car will gradually reduce its speed. This technology will initially be offered in Ford's 2023 model of

1672-586: Is a driver safety program aimed at teens that were developed together with the Governors Highway Safety Association and safety experts. The Ford Volunteer Corps allows Ford employees and retirees to sign up for volunteering work on local projects in more than 40 countries. The organization invests $ 18 million annually in education in the United States and around the world, but accepts applications only from nonprofit organizations registered in

1760-603: Is also the source for race workers in all specialties. The annual national championship for Club Racing is called the SCCA National Championship Runoffs and has been held at Riverside International Raceway (1964, 1966, 1968), Daytona International Speedway (1965, 1967, 1969, 2015), Road Atlanta (1970–1993), Mid-Ohio Sports Car Course (1994–2005, 2016), Heartland Park Topeka (2006–2008), Road America (2009-2013, 2020), Mazda Raceway Laguna Seca (2014), and Indianapolis Motor Speedway (2017). In 2018,

1848-611: Is not an option". Ford and the United Auto Workers , representing approximately 46,000 hourly workers in North America, agreed to a historic contract settlement in November 2007 giving the company a substantial break in terms of its ongoing retiree health care costs and other economic issues. The agreement included the establishment of a company-funded, independently run Voluntary Employee Beneficiary Association (VEBA) trust to shift

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1936-507: Is planned to become the hub of their Corktown campus, and the adjacent Roosevelt Warehouse . Ford expects to move 2,500 of its employees, roughly 5 percent of its southeast Michigan workforce, to the campus with space for an additional 2,500 entrepreneurs, technology companies and partners. Bill Ford envisioned the first-floor concourse of the train station to be a public gathering place with retail outlets and restaurants. In February 2017, Ford Motor Co. acquired majority ownership of Argo AI ,

2024-461: Is the second-largest U.S.-based automaker, behind General Motors , and the sixth-largest in the world , behind Toyota , Volkswagen Group , Hyundai Motor Group , Stellantis , and General Motors, based on 2022 vehicle production. At the end of 2010, Ford was the fifth-largest automaker in Europe. The company went public in 1956 but the Ford family, through special Class B shares , retain 40 percent of

2112-477: Is to be rebranded as Ford Pro, to focus on vehicle distribution and service. In August 2022, Ford announced it planned layoffs of roughly 3,000 employees and contract workers, confirming earlier reporting. The cuts would mostly affect divisions in the US, Canada, and India, which Jim Farley said would allow the company to prepare for the future of electric, software-heavy vehicles. In February 2023, Ford announced that it

2200-675: The 1976 SCCA/USAC Formula 5000 Championship . Current SCCA-sanctioned series include Trans Am , the GT World Challenge America for GT and touring cars , the Global MX-5 Cup , and the F1600 Championship Series , F2000 Championship Series , and Atlantic Championship Series for open-wheel racing. SCCA Pro Racing has also sanctioned professional series for some amateur classes such as Spec Racer Ford Pro and Formula Enterprises Pro. SCCA Pro Racing also sanctioned

2288-673: The Dodge Brothers Motor Vehicle Company . The first president was not Ford, but local banker John S. Gray , who was chosen in order to assuage investors' fears that Ford would leave the new company the way he had left its predecessor. During its early years, the company produced just a few cars a day at its factory on Mack Avenue and later at its factory on Piquette Avenue in Detroit , Michigan . Groups of two or three men worked on each car, assembling it from parts made mostly by supplier companies contracting for Ford. Within

2376-525: The Ford Foundation ), based in Dearborn, Michigan, is the philanthropic arm of the Ford Motor Company. Established in 1949 by Henry Ford II , the organization is a nonprofit corporate foundation financed by contributions from Ford Motor Company. In 2017, it contributed $ 63 million to various causes with a focus on education, driving safely and community building. The Ford Driving Skills for Life program

2464-551: The Ford Torino Talladega giving it a much more aerodynamic front end. In a well kept, secret design move, the rocker panels were reshaped and rolled to allow Mercury teams to run their racing cars about an inch closer to the ground while staying within NASCAR rules; this also greatly enhanced the top speed of the car by lowering its center of gravity, and further reducing its wind resistance. All production (homologation) models of

2552-718: The Ford Transit and later the Ford Escort and the Ford Capri became common to both companies. In 1970, the Ford Taunus and the Ford Cortina came into production with a common base construction, both models being produced in left hand drive and right hand drive . Later on, the models became identical and the respective models right- and left-hand-drive exclusively. Rationalisation of model ranges meant that production of many models in

2640-642: The International Motor Sports Association . The autocross program is branded as "Solo". Up to four cars at a time run on a course laid out with traffic cones on a large paved surface, such as a parking lot or airport runway, without interfering with one another. Competitions are held at the regional, divisional, and national levels. A national champion in each class is determined at the national championship (usually referred to as "Nationals") held in September. In 2009, Solo Nationals moved to

2728-570: The Lincoln Airpark in Lincoln, Nebraska . Individual national-level events called "Championship Tours" and "Match Tours" are held throughout the racing season. The SCCA also holds national-level events in an alternate format called "ProSolo". In ProSolo, two cars compete at the same time on mirror-image courses with drag racing -style starts, complete with reaction and 60-foot times. Class winners and other qualifiers (based on time differential against

Mercury Cyclone Spoiler II - Misplaced Pages Continue

2816-560: The Transit van continued at the company's Southampton facility until mid-2013, engines at Bridgend and Dagenham , and transmissions at Halewood . Development of European Ford is broadly split between Dunton in Essex (powertrain, Fiesta/Ka, and commercial vehicles) and Cologne (body, chassis, electrical, Focus, Mondeo) in Germany. Ford also produced the Thames range of commercial vehicles, although

2904-593: The United States . Formed in 1944, it runs many programs for both amateur and professional racers. The SCCA traces its roots to the Automobile Racing Club of America (not to be confused with the current stock car series of the same name ). ARCA was founded in 1933 by brothers Miles and Sam Collier , and dissolved in 1941 at the outbreak of World War II . The SCCA was formed in 1944 as an enthusiast group. The SCCA began sanctioning road racing in 1948 with

2992-679: The VW Sharan and SEAT Alhambra . With the introduction of the third generation of the Galaxy, Ford has moved the production of the people-carrier to the Genk plant, with Volkswagen taking over sole ownership of the Setúbal facility. Sports Car Club of America The Sports Car Club of America ( SCCA ) is a non-profit American automobile club and sanctioning body supporting Autocross , Rallycross , HPDE , Time Trial , Road Racing , and Hill Climbs in

3080-546: The Volkswagen Jetta TDI Cup during its time. The SCCA is organized into six conferences, nine divisions and 115 regions, each organizing events in that area to make the events more accessible to people throughout the country. The number of divisions has increased since the SCCA's foundation. Northern Pacific and Southern Pacific started as a single Pacific Coast Division until dividing in 1966. Rocky Mountain Division

3168-466: The World Rally Championship . At the end of the 2004 season SCCA dropped ProRally and ClubRally. A new organization, Rally America , picked up both series starting in 2005. Road rallies are run on open, public roads. These are not races in the sense of speed, but of precision and navigation. The object is to drive on time, arriving at checkpoints with the proper amount of elapsed time from

3256-812: The industrialization of that country and consequently the Soviet war effort during World War II . To that end, in 1944, Stalin wrote a letter to the U.S. Chamber of Commerce stating that Henry Ford was "one of the world's greatest industrialists". During World War II, the United States Department of War picked Ford to mass-produce the Consolidated B-24 Liberator bomber at its Willow Run assembly plant. Ford Werke and Ford SAF , Ford's subsidiaries in Germany and France, respectively, produced military vehicles and other equipment for Nazi Germany 's war effort . Some of Ford's operations in Germany at

3344-502: The 1970 Mercurys that Ford intended to be their replacement. After the 1970 season, NASCAR effectively banned the "aero cars" , by restricting all four of the limited aero "production" cars to having to compete with engines no larger than 305 cubic inches of displacement (vs. the 426, 427, & 429 inches that the other cars could run), and the competitive history of the Mercury Cyclone Spoiler II (and its aerowarrior rivals)

3432-597: The 1970s, manufactures the Transit Connect compact panel van as well as the "Jumbo" and long-wheelbase versions of the full-size Transit. This new production facility was set up near Kocaeli in 2002, and its opening marked the end of Transit assembly in Genk. Another joint venture plant near Setúbal in Portugal, set up in collaboration with Volkswagen , formerly assembled the Galaxy people-carrier as well as its sister ships,

3520-651: The Cyclone Spoiler II had exposed headlights where the front nose resembled the one based on the Datsun 240Z . The Mercury Cyclone Spoiler II was very successful on the racing circuit: winning 8 Grand National races during the 1969 and 1970 NASCAR seasons - matching the total number of wins recorded by the 1970 Plymouth Superbird . One important footnote: 1969 was Ford's last year of factory involvement, and/or support, in racing of any kind for several years. Following Congressional hearings in which they were questioned about

3608-528: The Detroit United Auto Workers union announced that after discussion with the leaders of General Motors , Ford, and Fiat Chrysler Automobiles , the carmakers would partially shut down factories on a "rotating" basis to mitigate the COVID-19 pandemic . On March 24, representatives of Ford announced that production in the US, Canada, and Mexico would not resume on March 30 as originally planned, amid

Mercury Cyclone Spoiler II - Misplaced Pages Continue

3696-574: The Ford Fund announced its official name has changed to Ford Philanthropy. Ford has had manufacturing operations worldwide, including in the United States, Canada, Mexico, China, India, the United Kingdom, Germany, Turkey, Brazil, Argentina, Australia, and South Africa. Ford also helped the Soviet Union to construct Russian automaker GAZ . In May 2010, Ford reported that its sales increased 23% for

3784-585: The Ford Torino Talladegas) to be very undervalued by comparison; but, in 1969 (and over the two years of the Aero Wars) Mercury's Cyclone Spoiler IIs and Ford's Talladegas owned the high banks of NASCAR and ARCA . Ford Motor Company Ford Motor Company (commonly known as Ford ) is an American multinational automobile manufacturer headquartered in Dearborn, Michigan , United States. It

3872-545: The Mercury Cyclone Spoiler II were equipped with a 351 Windsor engine, automatic on the column, and front bench seat. Racing versions of the car were initially fitted with the Ford FE 427 side oiler engine that had been Ford's main racing engine since 1963. Later in the season, the Boss 429 engine was used by many of the teams, after it had finally been declared "officially homologated" by NASCAR president, Bill France. The Boss 429 engine

3960-709: The Mercury in 1939 as a higher-priced companion car to Ford. Henry Ford purchased the Lincoln Motor Company in 1922, in order to compete with such brands as Cadillac and Packard for the luxury segment of the automobile market. In 1929, Ford was contracted by the government of the Soviet Union to set up the Gorky Automobile Plant in Russia initially producing Ford Model A and AAs, thereby playing an important role in

4048-577: The Models A , B, C, F, K, N, R, and S. Hundreds or a few thousand of most of these were sold per year. In 1908, Ford introduced the mass-produced Model T , which totaled millions sold over nearly 20 years. In 1927, Ford replaced the T with the Model A , the first car with safety glass in the windshield. Ford launched the first low-priced car with a V8 engine in 1932. In an attempt to compete with General Motors' mid-priced Pontiac, Oldsmobile, and Buick, Ford created

4136-577: The Mustang, due to declining demand and profitability. The Focus Active, a crossover SUV based on the newly unveiled fourth-generation Focus, was also intended to be marketed in the United States. Due to the vehicle being manufactured in China, Ford later announced that it would not release the Focus Active in the United States, due to tariffs imposed by the Trump administration on Chinese exports . In March 2020,

4224-447: The R&;D costs of racing vs. improving fuel economy and safety, Ford completely abandoned all of their racing programs, starting with the 1970 season. Subsequently, most of the NASCAR and ARCA race teams, running Mercurys, continued to run their 1969 Mercury Cyclone Spoiler IIs in 1970 without any factory support, when it became apparent that their Spoiler IIs were aerodynamically superior to

4312-479: The Runoffs will go back west to Sonoma Raceway . In 2019, the race will be held at Virginia International Raceway a track where the race has never been held. It was announced on 15 June 2018 that the Runoffs would go back to Road America in the year 2020. On 25 May 2019, the weekend of the 2019 Indianapolis 500 , SCCA announced they will be returning to Indianapolis Motor Speedway in 2021. The current SCCA record holder

4400-473: The U.S. Education programs and scholarships include Alan Mulally Engineering Scholarship, Ford Blue Oval Scholars Program, Ford College Community Challenge (Ford C3), Ford Driving Dreams Tour, Ford Fund/Detroit Free Press Journalism Scholarship, Ford Next Generation Learning (Ford NGL), Grants to Individuals Program, HBCU Community Challenge, Smithsonian Latino Center Young Ambassadors Program, and William Clay Ford Automotive Design Scholarship. On April 29, 2024,

4488-540: The UK switched to elsewhere in Europe, including Belgium and Spain as well as Germany. The Ford Sierra replaced the Taunus and Cortina in 1982, drawing criticism for its radical aerodynamic styling, which was soon given nicknames, the "Jellymould" and "The Salesman's Spaceship". In February 2002, Ford ended car production in the UK. It was the first time in 90 years that Ford cars had not been made in Britain, although production of

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4576-487: The burden of retiree health care from the company's books, thereby improving its balance sheet. This arrangement took effect on January 1, 2010. As a sign of its currently strong cash position, Ford contributed its entire current liability (estimated at US$ 5.5 billion as of December 31, 2009) to the VEBA in cash, and also pre-paid US$ 500 million of its future liabilities to the fund. The agreement also gave hourly workers

4664-606: The chief executive officer of the company in August 2020; he previously served as Ford's chief operating officer. Hackett stayed in the company as an advisor until the second quarter of 2021. Ford is mainly owned by institutional investors, who own around 60% of shares. The largest shareholders in December 2023 were: The Ford Philanthropy, formerly known as the Ford Motor Company Fund (also known as Ford Fund, not affiliated with

4752-516: The class winner) then compete in a handicapped elimination round called the "Challenge". Points are awarded in both class and Challenge competition, and an annual champion is crowned each September at the ProSolo Finale event in Lincoln, Nebraska. The SCCA sanctions "RallyCross" events, similar to autocross, but on a non-paved course. SCCA ProRally was a national performance rally series similar to

4840-472: The company until 2014. Ford also named Mark Fields, its president of operations in the Americas, as its new chief operating officer Mulally was paid a compensation of over $ 174 million in his previous seven years at Ford since 2006. The generous amount has been a sore point for some workers of the company. In April 2016, Ford announced a plan to modernize its Dearborn engineering and headquarters campuses through

4928-400: The company; at the beginning the vaccination program would be in southeast Michigan, Missouri and Ohio, but it was to be expanded later on to other locations. In March 2022, Ford announced that it would restructure the company into three separate divisions. Ford Model E is to focus on electric vehicles; Ford Blue is to focus on internal combustion vehicles; and the existing commercial division

5016-642: The cost of credit default swaps to insure the debt of Ford was 68 percent of the sum insured for five years, in addition to annual payments of 5 percent. That meant $ 6.8 million paid upfront to insure $ 10 million in debt, in addition to payments of $ 500,000 per year. In January 2009, Ford reported a $ 14.6 billion loss in the preceding year, a record for the company. The company retained sufficient liquidity to fund its operations. Through April 2009, Ford's strategy of debt-for-equity exchanges erased $ 9.9 billion in liabilities (28% of its total) in order to leverage its cash position. These actions yielded Ford

5104-455: The electric Mustang Mach-E SUV. According to Thatcham Research, an automotive research company, this model is not a self-driving car. It is classified as a level 2 or partial automation assistance system. This means that technology controls two or more driving aspects but still requires human driver control in cases of emergencies. The driver is still legally responsible for accidents. In August 2024 Pennsylvania State Police filed charges against

5192-471: The formation of Ford Smart Mobility, a unit responsible for experimenting with car-sharing programs, self-driving ventures and other programs aimed at helping Ford better compete with Uber , Alphabet Inc. and other tech giants looking to edge in on the auto industry. On April 25, 2018, Ford announced that it would discontinue passenger cars in the North American market in the next four years, except for

5280-436: The further coronavirus pandemic spread. In the first quarter of 2020, Ford's sales dropped by 15%, entailing the loss of $ 2 billion. With the change in the demand for the sport vehicles, on January 6, 2021, Ford reported a sales fall of 9.8% in the fourth quarter, selling 542,749 vehicles, compared to 601,862 in 2019. In April 2021, Ford said that it would provide COVID-19 vaccines for its employees, who were to obtain them at

5368-551: The future of plug-in hybrids in terms of how home and vehicle energy systems will work with the electrical grid. Under the multimillion-dollar, multi-year project, Ford is to convert a demonstration fleet of Ford Escape Hybrids into plug-in hybrids, and SCE is to evaluate how the vehicles might interact with the home and the utility's electrical grid. Some of the vehicles are to be evaluated "in typical customer settings", according to Ford. William Clay Ford Jr. , great-grandson of Henry Ford (and better known by his nickname "Bill"),

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5456-434: The gains, the company finished the year with a $ 2.7 billion loss, largely attributed to finance restructuring at Volvo . On June 2, 2008, Ford sold its Jaguar and Land Rover operations to Tata Motors for $ 2.3 billion. During congressional hearings held in November 2008 at Washington D.C., Ford's Alan Mulally stated that "We at Ford are hopeful that we have enough liquidity. But we also must prepare ourselves for

5544-469: The help of Air Force General Curtis LeMay , a renowned enthusiast of sports car racing. LeMay loaned out facilities of Strategic Air Command bases for the SCCA's use; the SCCA relied heavily on these venues during the early and mid-1950s during the transition from street racing to permanent circuits. By 1962, the SCCA was tasked with managing the U.S. World Sportscar Championship rounds at Daytona , Sebring , Bridgehampton and Watkins Glen . The club

5632-533: The higher-speed events under the Time Trials banner. These include Performance Driving Experience ("PDX"), Club Trials, Track Trials, and Hill Climb events. PDX events are non-competition HPDE -type events and consist of driver-education and car control classroom learning combined with on-track instruction. The Club Racing program is a road racing division where drivers race on either dedicated race tracks or on temporary street circuits. Competitors require either

5720-552: The inaugural Watkins Glen Grand Prix . Cameron Argetsinger , an SCCA member and local enthusiast who would later become Director of Pro Racing and Executive Director of the SCCA, helped organize the event for the SCCA. In 1951, the SCCA National Sports Car Championship was formed from existing marquee events around the nation, including Watkins Glen, Pebble Beach , and Elkhart Lake . Many early SCCA events were held on disused air force bases, organized with

5808-488: The industry. Mulally stated that "In addition to our plan, we are also here today to request support for the industry. In the near-term, Ford does not require access to a government bridge loan. However, we request a credit line of $ 9 billion as a critical backstop or safeguard against worsening conditions as we drive transformational change in our company". GM and Chrysler received government loans and financing through T.A.R.P. legislation funding provisions. On December 19,

5896-400: The job security they were seeking by having the company commit to substantial investments in most of its factories. The automaker reported the largest annual loss in company history in 2006 of $ 12.7 billion, and estimated that it would not return to profitability until 2009. However, Ford surprised Wall Street in the second quarter of 2007 by posting a $ 750 million profit. Despite

5984-470: The largest family-controlled companies in the world. The first gasoline-powered automobile was created in 1885 by the German inventor Karl Benz , with his Benz Patent-Motorwagen . More efficient production methods were needed to make automobiles affordable for middle class people. To which Ford contributed by, for instance, introducing the first moving assembly line in 1913 at the Ford factory in Highland Park . Between 1903 and 1908, Ford produced

6072-541: The mid-to-late 1990s, Ford continued to sell large numbers of vehicles, in a booming American economy with a soaring stock market and low fuel prices. With the dawn of the new century, legacy health care costs , higher fuel prices, and a faltering economy led to falling market shares, declining sales, and diminished profit margins. Most of the corporate profits came from financing consumer automobile loans through Ford Motor Credit Company . By 2005, both Ford and GM 's corporate bonds had been downgraded to junk status as

6160-490: The month, and that 37% of its sales came from fleet sales. In June 2010, sales to individual customers at dealerships increased 13% while fleet sales rose by 32%. In the first seven months of 2010, fleet sales of Ford for the same period rose 35% to 386,000 units while retail sales increase 19%. Fleet sales account for 39 percent of Chrysler's sales and 31 percent for GM's. At first, Ford in Germany and Ford in Britain built different models from one another until 1965, when

6248-402: The past two years and will lose a similar amount in 2023 as the company looks to significantly invest in Electric Technology. The Ford Model E is expected to be profitable by 2026. In April 2023, United Kingdom ministers approved Ford's BlueCruise technology. Because of this assisted driving technology, Ford drivers can now legally take their hands off the wheel on certain roads. Its top speed

6336-641: The pinnacle of stock car racing (the aero wars years). Some experts have assumed that this was due to the sheer outrageousness of the Dodge Charger Daytona and the Plymouth Superbird , with their huge rear wings; as the MOPAR winged cars' prices have eclipsed the far more subtle bodywork of the Mercury Cyclone Spoiler II. Regardless, most experts consider the Mercury Cyclone Spoiler IIs (and

6424-456: The previous checkpoint. Competitors do not know where the checkpoints are. Track Night in America is a track experience program sanctioned by the SCCA. The program is designed to be low barrier to entry, and accepting to all skill levels. Events happen all over the country, on week evenings usually between Tuesday and Thursday. SCCA planned week night track events to keep costs down, as well as build

6512-407: The prospect of further deteriorating economic conditions". He went on to state that "The collapse of one of our competitors would have a severe impact on Ford" and that Ford Motor Company supported both Chrysler and General Motors in their search for government bridge loans during the 2008–2010 automotive industry crisis . Together, the three companies presented action plans for the sustainability of

6600-488: The retirement of president and chief operations officer Jim Padilla in April 2006, Bill Ford assumed his roles as well. Five months later, in September, Ford named Alan Mulally as president and CEO, with Ford continuing as executive chairman. In December 2006, the company raised its borrowing capacity to about $ 25 billion, placing substantially all corporate assets as collateral. Chairman Bill Ford has stated that "bankruptcy

6688-482: The time were run using forced labor . The creation of a scientific laboratory in Dearborn, Michigan, in 1951, doing unfettered basic research, led to Ford's involvement in superconductivity research. In 1964, Ford Research Labs made a key breakthrough with the invention of a superconducting quantum interference device or SQUID . Ford offered the Lifeguard safety package from 1956 , which included such innovations as

6776-705: The use of this brand name was discontinued with the introduction of the Ford Transit in 1965. Elsewhere in continental Europe, Ford assembles the Mondeo, Galaxy , S-Max and Kuga in Valencia (Spain), Fiesta in Cologne (Germany), Focus in Saarlouis (Germany), Ecosport and Puma in Craiova (Romania). Ford also owns a joint-venture production plant in Turkey. Ford Otosan , established in

6864-668: The voting rights. During the 2008–2010 automotive industry crisis , the company struggled financially but did not have to be rescued by the federal government, unlike the other two major US automakers. Ford Motors has since returned to profitability, and was the eleventh-ranked overall American-based company in the 2018 Fortune 500 list, based on global revenues in 2017 of $ 156.7 billion. In 2023, Ford produced 4.4 million automobiles, and employed about 177,000 employees worldwide. The company operates joint ventures in China ( Changan Ford ), Taiwan ( Ford Lio Ho ), Thailand ( AutoAlliance Thailand ), and Turkey ( Ford Otosan ). Ford owns

6952-683: The world as Fordism . Ford's former UK subsidiaries Jaguar and Land Rover , acquired in 1989 and 2000, respectively, were sold to the Indian automaker Tata Motors in March 2008. Ford owned the Swedish automaker Volvo from 1999 to 2010. In the third quarter of 2010, Ford discontinued the Mercury brand, under which it had marketed upscale cars in the United States, Canada, Mexico, and the Middle East since 1938. Ford

7040-640: Was also involved in the Formula 1 U.S. Grand Prix . SCCA Executive Director John Bishop helped to create the United States Road Racing Championship series for Group 7 sports cars to recover races that had been taken by rival USAC Road Racing Championship . Bishop was also instrumental in founding the SCCA Trans-Am Series and the SCCA/ CASC Can-Am series. In 1969, tension and infighting over Pro Racing's autonomy caused Bishop to resign and help form

7128-490: Was appointed executive chairman in 1998, and also became chief executive officer of the company in 2001, with the departure of Jacques Nasser , becoming the first member of the Ford family to head the company since the retirement of his uncle, Henry Ford II , in 1982. Ford sold motorsport engineering company Cosworth to Gerald Forsythe and Kevin Kalkhoven in 2004, the start of a decrease in Ford's motorsport involvement. Upon

7216-583: Was essentially over. Today, a Mercury Cyclone Spoiler II is a very collectible car. It was a special purpose built vehicle (some have even called it a "showroom race car") with a very strong racing history, that achieved great success during the Aero Wars . Those examples that still exist today, do so in very limited numbers. For some reason, their values have not risen nearly as high as the Mopar "aero cars", in spite of their rarity and their great track successes during

7304-586: Was formed. In 1966 the Canadian-American Challenge Cup (Can-Am) was created for Group 7 open-top sportscars. The Trans-Am Series for pony cars also began in 1966. Today, Trans-Am uses GT-1 class regulations, giving amateur drivers a chance to race professionally. A professional series for open-wheel racing cars was introduced in 1967 as the SCCA Grand Prix Championship . This series was then held under various names through to

7392-706: Was founded by Henry Ford and incorporated on June 16, 1903. The company sells automobiles and commercial vehicles under the Ford brand, and luxury cars under its Lincoln brand. The company is listed on the New York Stock Exchange and is controlled by the Ford family . They have minority ownership but a plurality of the voting power. Ford introduced methods for large-scale manufacturing of cars and large-scale management of an industrial workforce using elaborately engineered manufacturing sequences typified by moving assembly lines . By 1914, these methods were known around

7480-514: Was going to cut 3,800 jobs across Europe, with the job cuts mainly focusing on their German and British workforce. Ford will be cutting 2,300 jobs from Germany, 1,300 from the United Kingdom, and an additional 200 jobs in the rest of Europe, according to the head of Ford Germany, Martin Sander. The cuts will mainly be done to the company's engineers. Ford also announced during the year that their electric vehicle business had lost $ 3 billion before taxes over

7568-471: Was homologated in the 1969 Ford Mustang Boss 429 . In a very unusual move, Ford homologated the engine separately from the car in which it was to race. Many experts think this may have been done in order to get the bodywork of the Mercury Cyclone Spoiler II officially homologated at the beginning of the 1969 race season, as the Boss 429 was not yet in production in sufficient numbers to homologate it. A prototype of

7656-552: Was introduced on April 17, 1964, during the 1964 New York World's Fair , where Ford had a pavilion made by The Walt Disney Company . In 1965, Ford introduced the seat belt reminder light. With the 1980s, Ford introduced several highly successful vehicles around the world. During the 1980s, Ford began using the advertising slogan, "Have you driven a Ford, lately?" to introduce new customers to their brand and make their vehicles appear more modern. In 1990 and 1994, respectively, Ford also acquired Jaguar Cars and Aston Martin . During

7744-503: Was responsible for the manufacture and sale of the famous Continental Mark II . At the same time, the Edsel division was created to design and market that car starting with the 1958 model year. Due to limited sales of the Continental and the Edsel disaster, Ford merged Mercury, Edsel, and Lincoln into "M-E-L," which reverted to "Lincoln-Mercury" after Edsel's November 1959 demise. The Ford Mustang

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