Model A Ford Phaeton Replica/glassic/replicar on 2040-cars
Streator, Illinois, United States
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This is a factory built replica of a Model A Ford Phaeton. It was built in 1980 and has about 69500 miles on it. The car is powered by a Ford 302 V-8 engine and has an automatic transmission. There are four fairly new tires on the ground. It has AC and an AM/FM cassette. Runs and drives good. There are some rock chips on the fenders and the paint on the hood is a bit faded and has some small stains. Interior is good except that the seams on a couple of the seats are splitting.
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Auto blog
Ford reports 58% drop in Q2 profits on European losses
Wed, 25 Jul 2012
Ford Motor Company announced Wednesday that it has posted a $1 billion profit for the second quarter of 2012. That sounds like good news for the Blue Oval, until you take into account that Ford posted a $2.4 billion profit for Q2 a year ago. That is a substantial 58 percent loss.
Ford also posted $465 million in international losses, with $404 million of those losses coming directly from Europe. The automaker also increased its European loss projections to $1 billion for 2012, due in large part to the economic crisis overseas, which has resulted in increased unemployment and decreased consumer confidence.
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Today we give you some video of what looks to be the same Mustang prototype, which you can watch below, and while the budding director behind the camera wasn't able to capture much in the way of the engine's audio signature, we can see the car in motion for the first time and compare its relative size and shape to the S197 Mustang GT that's on its tail.
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