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Ford paying $750 million just to close plant in Belgium

According to a report from Reuters, Ford is shelling out $750 million in a severance deal that will see the automaker close its facility in Genk, Belgium. The automaker reached this deal with the 4,000 hourly workers employed at the plant last week, which means the company will pay out an average of $187,500 per worker.
Ford is still negotiating with the 300 salaried workers at the factory, which currently produces the Mondeo sedan. All told, Ford expects to lose around $2 billion in Europe thanks in no small part to the region's ongoing economic downturn, and two more plants are scheduled to be shut down in Europe this year. The company will log its $750 million payout under "special items" for this quarter.
As you may recall, Ford took a similar path in the US back in 2009 when the domestic market took a spill. Back then, the company shelled out around $50,000 per employee with at least one year of experience, plus either $25,000 toward a new car or an extra cash payment of $20,000. It would seem the cost of closing plants in Belgium is a much harder pill to swallow than in the States...

Project Ugly Horse: Part IX

One Step at a Time
Nearly every flavor of exotic driveline has been shoved into the ubiquitous Ford at some point or another.
Chuck Schwynoch had been patiently listening to my ramblings on the other end of the phone for a solid half hour. I'm not too big of a man to know when to ask for help, and at this point, I desperately needed some assistance. The truth is, working on a machine like a Fox Body Mustang is as easy as breathing thanks to the wealth of information available on the web. Nearly every flavor of exotic driveline has been shoved into the ubiquitous Ford at some point or another, and odds are the sorry souls behind those builds shared the highs and lows of their torment with the internet community.

Ford Mustang Shelby GT500 has a bit of a dyno issue

We're of the mind that each and every dyno should come with Murphy's Law painted in big, visible letters down the side. For every ten successful dyno runs out there, it seems there's one where events to horribly wrong. Take, for example, the video below. The clip shows what happens when a Ford Shelby GT500 and a mobile dyno have a bit of a disagreement at the Performance Expo 24 in Sherbrooke, Quebec. We won't spoil the results for you, but we will say there's some substantial carnage involved.
It's unclear just how much damage ensues from the dust up or whether anyone was harmed in the incident, but from the looks of things, everyone made it out without serious injury. If only we could say the same for the machines involved. Check out the video below.