Motoring
2015 Ford Mustang officially unveiled
NEW YORK – America’s first pony car the Ford Mustang is celebrating its 50th birthday with a swoon-worthy new design and plans to go global.
Ford Motor Co. was to reveal the 2015 Mustang Thursday morning at events in New York, Los Angeles, Shanghai, Sydney, Barcelona and its hometown of Dearborn. It goes on sale next fall in North America and will arrive later in Europe and Asia.
The Mustang isn’t anywhere near Ford’s best-seller — Ford sells more pickups in a week than it does Mustangs in a month. But Ford says the Mustang has the highest name recognition and highest favorable opinion of any car in its lineup. And car companies count on beautiful sports cars to cast a glow over the rest of their offerings.
“It’s an emotional connection to the rest of the brand,” said Jacques Brent, group marketing manager for large cars and SUVs.
As for sales, Ford will be happy if Mustang can become the top selling pony car in the U.S. The Chevrolet Camaro, which followed the Mustang to market in 1966 and was last redesigned in 2009, has outsold the Mustang for the last three years and is on track to do it again this year, according to Kelley Blue Book.
The Mustang’s first full redesign since 2005 presented Ford with a tough task: Update and freshen an icon without alienating its passionate fans. More than 9 million Mustangs have been sold since 1964, and the car has hundreds of fan clubs, including one solely for owners of yellow Mustangs. Farrah Fawcett drove a white one in “Charlie’s Angels;” Steve McQueen raced a dark green one through the streets of San Francisco in 1968’s “Bullitt.”
The result is a new car with plenty of cues from the old. The long hood and sloping fastback are still there, as is the trapezoid-shaped grille with the Mustang logo from the original. But the new car sits lower and wider, and the roof tapers dramatically in the front and back. The signature rounded headlights are smaller and sit back under a fierce, chiseled brow, while the traditional three-bar taillights are now three-dimensional and tucked beneath the rear deck lid.
The Michigan-made car is currently sold overseas, but this is the first time it has been engineered to meet various international safety and emissions standards. A right-hand-drive version is being offered for the first time, for the United Kingdom and Australia, and Ford will market the car more heavily overseas.
Chief engineer Dave Pericak said that while the design meets international needs, it wasn’t influenced by them.
“We did not design a global Mustang. We designed a Mustang and took it global,” Pericak said.
Even with Ford’s push, overseas sales will likely be modest, said Stephanie Brinley, an auto analyst with the consulting company IHS. IHS forecasts European Mustang sales will triple from current levels to around 2,500 in 2015, while sales in China will likely remain low because two-door coupes aren’t popular there.
Coupes, in fact, make up less than 1 percent of sales annually across the globe, Brinley said. But they’re still an important car for automakers to have.
“It’s an aspirational body style. It signals a sporty drive and a sexier product,” she said.
Drivers will have three engines to choose from: updated versions of the current 3.7-liter V6, which gets a projected 300 horsepower, and 5.0-liter V8, with 420 horsepower, as well as a new 2.3-liter EcoBoost four-cylinder that gets a projected 305 horsepower. Ford will also offer updated six-speed manual and automatic transmissions. Final numbers for horsepower and fuel economy will be released later.
The car sits on the Mustang’s first independent rear suspension, which should improve handling because it lets the wheels operate independently.
Inside, new options include blind-spot detection and toggle switches that adjust the steering, stability control and other settings depending on the road conditions. The interior also has nicer materials, with brushed aluminum replacing painted plastics.
Ford isn’t saying how much the new Mustang will cost, but the current one starts around $23,000. A convertible version will also be offered
– FOXNEWS
The Federal Capital Territory Administration (FCTA) has ended contracts with taxi rank and terminal operators due to their failure to meet engagement terms and conditions.
Mr. Ubokutom Nyah, the Mandate Secretary of the Transportation Secretariat, FCTA, made this announcement during a meeting with managers of these terminals and taxi ranks in Abuja.
Nyah clarified that due to the operators’ failure to fulfill their engagement terms, the FCTA had to terminate their contracts.
He instructed them to transfer control of the ranks to the Administration within three months, starting from Nov. 21.
He lamented the presence of unauthorized motor parks in the city and assured the readiness of the Administration to establish proper taxi ranks and terminals in the capital.
He revealed that personally visiting the city’s taxi ranks, terminals, and unauthorized motor parks gave him direct insight into the poor condition of these facilities.
He emphasized that as the federal capital city, Abuja deserves better, highlighting that the poor condition of these facilities attracts various criminal elements.
He said “We must rid Abuja of all these. I have gone round the taxi ranks, and of all the places I visited, not one is worthy to be called even a village motor park.”
The Mandate Secretary stressed that the intention wasn’t punitive; rather, it aimed to revamp the sector, introduce new engagement terms, and modernize taxi ranks and terminals in the federal capital.
He also highlighted the plan to increase the number of terminals and ranks where necessary, which would positively impact the administration’s revenue.
He emphasized that this measure was part of a broader effort to eliminate illegal motor parks in Abuja and curb the associated criminal activities.
In response, Mr. Adebisi Lawal, the Operator of Jahi Taxi Rank, praised the administration’s initiative to modernize the taxi ranks and terminals.
Lawal urged the administration to prioritize current operators’ involvement in the selection of new developers for the modernization of the taxi ranks and terminals.
It was a show of power at the Ojota area of Lagos on Monday as soldiers pummeled an officer of the Lagos State Traffic Management Authority, (LASTMA).
Eyewitness accounts claim that the ugly scene played out around 8am, and saw about eight soldiers pounce on the yet to identified LASTMA official, while his colleagues took to their heels.
The video of the melodrama has gone viral, where the LASTMA official was appealing to the soldiers, who appeared bent on ‘teaching him a lesson’.
This onslaught comes on the back of a reported assault of a soldier at the same location by LASTMA officials last week.
It would appear that what played out today was the army asserting its authority and defending their khaki as the armed soldiers carried out what looked like a revenge mission.
Eyewitnesses further averred that the victim was rushed to a nearby hospital, after the soldiers left the scene.
It was gathered that the authorities at LASTMA has reported the incident to the military authorities who are said to be looking into the matter.
Meanwhile many members of the public are rejoicing that the soldiers have taught the crude LASTMA official that power is stronger than power, for all their atrocities against motorists on Lagos roads.
The impact of the removal of subsidy on Premium Motor Spirit (PMS), otherwise known as petrol, has seen the pump prices of the product skyrocket with a corresponding increase in the cost commercial transportation in Nigeria.
According to the National Bureau of Statistics (NBS), intra-city bus transportation fares across Nigerian cities, measured between May and June 2023, increased from N649.59 to N1,285.41 in June 2023.
This translates to 98 percent growth or N635.82 within the month in view.
The NBS made the data available in its Transport Fare Watch report for June 2023.
In the report, the NBS also shared the breakdown of bus journeys within the cities per drop for constant routes; bus journey intercity (state route); charges per person, amongst others.
On a year-on-year basis, the report has it that bus fares rose by 120.63 percent from N582.61 paid by commuters in June 2022.
The average fare paid by commuters for bus journey intercity per drop rose to N5,686.49 in June 2023 compared to N4,002.16 in May 2023 indicating an increase of 42.09 percent, month-on-month.
The report read, “The average fare paid by commuters for bus journeys within the city per drop increased by 97.88 per cent from N649.59 in May 2023 to N1,285.41 in June 2023.
On a year-on-year basis, it rose by 120.63 per cent from N582.61 in June 2022.
“In another category, the average fare paid by commuters for bus journey intercity per drop rose to N5,686.49 in June 2023, indicating an increase of 42.09 on a month-on-month basis compared to N4,002.16 in May 2023.
“On a year-on-year basis, the fare rose by 55.25 per cent from N3,662.87 in June 2022.”
Biztellers reported that the twin forces of forex pressure and increasing price of Brent in the global market would likely see the pump prices of petrol, increased again in no distant time in Nigeria.
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