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Ford shares falling on news of lower-than-expected profits next year

Ford has released projections for its 2013 profits, along with predictions of its 2014 earnings, and the news has forced the company's stock to stumble, falling over seven percent as of this writing. The Blue Oval is expecting earnings of $8.34 billion for 2013, although the bulk of that is coming largely from its North American operations, as troubles abroad continue to take a toll.
Calling 2013 an "outstanding" year, Ford expects its revenue to be up about 10 percent, thanks to gains in market share everywhere but Europe. But it's 2014 predictions that are causing stock prices to fall, as the Dearborn-based manufacturer expects pre-tax profits to fall to $7 to $8 billion, because of troubles in both Europe and South America, according to a report from Reuters. This is despite an expansion plan that will see it open an additional factory in the southern hemisphere, as well as two plants in China, all in a bid to launch 23 new or refreshed products next year.
The issues in South America aren't so much related to a fall in sales - Ford expects improved profits in Brazil and Argentina - but because of currency devaluations in Venezuela that are projected to cost it around $350 million. While that would still allow it to break even with 2013, Ford cites continued economic risks that could push losses even higher.

Jay Leno takes a Surfin' Safari in a 1937 Ford Woodie Restomod

Woodie wagons were a major part of surfing culture in the 1960s, offering coastal style and a ton of room, and they even earned a mention in the Beach Boys' classic song Surfin' Safari. This week, Jay Leno's Garage takes a look at two modern, restomodded examples of these style icons.
Unlike a lot of restomods, builder Scott Bonowski keeps these wagons looking almost completely stock on the outside, and all of the upgrades are hidden underneath the timber. You can't tell by looking at it, but the '37 Woodie (pictured above) has independent front and rear suspension, disc brakes and a Ford 5.0-liter V8 under the hood.
Beyond the mechanical aspect, the craftsmanship into the wood is astounding. Bonowski claims there are between 30 and 50 coats of varnish on this wagon. It makes these woodies as much of a piece of fine furniture as a vehicle to drive.

Ford 3D-printing Mustang out of chocolate and candy for Valentine's Day

Is your beloved in love with the new 2015 Ford Mustang? Do they like chocolate (that's a trick question - everyone likes chocolate)? Are they a bit of a futurist? Then this Hallmark holiday, you need to get them this Ford Mustang, 3D-printed in sweet, delicious chocolate.
Ford is teaming with 3D Systems' Sugar Lab in LA to produce the super-accurate pony car confections in both chocolate and sugar candy varieties. The process kicked off with a CAD rendering of the 2015 Mustang, which was then programmed into the 3D printer. After a bit of work from the machine, a four-inch long, two-inch tall Mustang was the result. Why the tieup with 3D Systems, though?
"We wanted to create something fun to show that while 3D printing made these edible Mustangs, manufacturing-level 3D printing was used in the development of Ford's all-new sports car," said Paul Susalla, Ford's supervisor of 3D printing.