‘Ole Yeller’ Mustang Fetches Six-Figures – This Week in Automotive News
‘Ole Yeller’ Mustang Fetches Six-Figures to Support EAA Youth Education
The Ford Motor Company engineering and design teams developed a Mustang named ‘Old Yeller’ that was recently sold at auction. This one-of-a-kind mustang, bred from a Shelby GT350, fetched a whopping $295,000 benefiting the Experimental Aircraft Association (EAA) Youth Education & Aviation.
The EAA’s youth education programs have provided free introductory flights to millions of young people since 1992, helping shape the next generation of aviators. With ‘Ole Yeller’ being the ninth donated vehicle, Ford has contributed over $3 million in donations.
For more information, check out the Ford Press Release.
Safety Recall for Ford and Lincoln Vehicles
In less warm and fuzzy Ford news, the company announced a recall for approximately 830,000 vehicles in North America. Affected models include the 2013-15 Ford C-MAX, 2013-15 Ford Escape, 2012-15 Ford Focus, 2015 Ford Mustang and Lincoln MKC, and 2014-16 Ford Transit Connect.
According to the Ford press release, in the affected vehicles, the pawl spring tab in the side door latch could break. In certain situations where the door is closed, it may unlatch while driving, increasing the risk of injury.
For more information about this recall, please read the Ford Press Release.
Fiat Chrysler to End US Car Production
Fiat Chrysler Automobiles has announced that by early 2017, it won’t be producing vehicles in the US. In its place, the US-based Fiat Chrysler plants will shift their focus fully onto producing trucks and SUVs for the RAM and Jeep brands. Production for the remaining models will instead be produced in Mexico, Canada, or other foreign markets.
Moving this production abroad is part of Fiat Chrysler CEO Sergio Marchionne’s multi-billion dollar plan to increase profits to more closely align with competitors such as GM and Ford.
For the full story, check out the USA Today Article.