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Jay Leno and Lee Iacocca reflect on 50 years of Ford Mustang

Lee Iacocca oversaw the birth of the Ford Mustang back in the 1960s, rocketing the new pony car nameplate into million-unit sales territory in its initial go-round and cementing its place in the history books. Thus, we were immediately drawn to this latest episode of Jay Leno's Garage, in which the funnyman hosts Iacocca for a look at the origins of Ford's most iconic sports car. The legendary auto exec is looking notably more frail than when we last saw him, but if we're being asked around as a video guest when we're 89 years old, we'll consider that evidence of a life well lived.
Serial No. 0001 is on hand for the occasion for Jay's romp through history, as is the historic Mustang 1 showcar from 1962. Of course, the all-new 2015 Ford Mustang GT (in prototype form) makes an appearance at the end of the episode with chief engineer Dave Pericak, as well. Get some, below.

Ford lowers MPG ratings on six vehicles

Ford has announced that it will be lowering the fuel economy ratings on a number of its 2013 and 2014 model year vehicles after an error was discovered in the company's internal testing data. The EPA has been notified.
Worryingly for Ford, the vast majority of the vehicles affected are hybrids, including the C-Max, Fusion and MKZ in both hybrid and plug-in varieties (where applicable). Also covered as part of the rerating is the entire lineup of 2014 Fiesta engines, with the exception of the ST, including the turbocharged, three-cylinder EcoBoost.
The C-Max was originally rated at 47/47/47 mpg, but dropped to 43/45/40 last year and now to 40/42/37.

2015 Ford Mustang fuel economy ratings leaked

Thinking about buying a new Mustang, but want to know what kind of fuel economy it'll get? Well we have our first indication as the pony-car enthusiasts over at Mustang6G.com have gotten a hold of the Monroney window stickers for a few of the new 2015 Mustang models.
Although the V8 model is not among them, we can now see how the EPA has rated those models with a half dozen pistons or less. The Mustang EcoBoost with the turbo four and a manual transmission has been rated at 22 miles per gallon in the city and 31 on the highway. The V6 manual gets 17 city and 28 highway, while the V6 automatic squeezes out a bit more in the city at 19 mpg but carries the same 28 highway rating.
By way of comparison, the latest Chevy Camaro with the V6 and a stick shift gets the same 17/28 EPA rating as a similarly equipped new 'Stang, and the V6 automatic Camaro gets 18/27 (slightly behind the Ford, but if you opt for the Camaro 2LS with its V6, automatic and 2.92 rear axle ratio, you'll be looking at 19 and 30).