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He worked 100-hour weeks to save a nearly bankrupt boat company. At 83, he’s just turned down $400 million for it—and gave it all to charity instead

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Costco's $14 million email settlement: Who qualifies for an up-to $500 payment and how to claim before the Aug. 24 deadline

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He worked 100-hour weeks to save a nearly bankrupt boat company. At 83, he’s just turned down $400 million for it—and gave it all to charity instead

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Costco's $14 million email settlement: Who qualifies for an up-to $500 payment and how to claim before the Aug. 24 deadline

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Jamie Dimon says his stockbroker father taught him to invest with a 'brutally hard' childhood game
F-150

Crash test results a blow to Ford’s new aluminum F-150

By
Laura Lorenzetti
Laura Lorenzetti
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By
Laura Lorenzetti
Laura Lorenzetti
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July 30, 2015, 10:58 AM ET
150728_EM_FordF150
The 2015 Ford F-150, which has established a new standard for full-size pickups with best-in-class gasoline fuel efficiency and capability, today was named Truck Trend’s 2015 Pickup Truck of the Year.courtesy Ford
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A crash test of Ford’s new all-aluminum, F-150 extended cab model didn’t turn out well, according to results published by the Insurance Institute of Highway Safety.

When the truck hit a 5-foot rigid barrier at 40 miles-per-hour — a setup meant to imitate a partial head-on collision — it crunched the front driver area to a point that “seriously compromised the driver’s survival space,” IIHS said.

The poor results were specific to the extended cab version only. The better-selling F-150 crew cab received a top safety pick award from the insurer-funded group after the same tests showed the smaller cab better preserved survival space for the driver.

“Ford added structural elements to the crew cab’s front frame to earn a good small overlap rating and a top safety pick award but didn’t do the same for the extended cab,” said David Zuby, IIHS chief research officer. “That shortchanges buyers who might pick the extended cab thinking it offers the same protection in this type of crash as the crew cab. It doesn’t.”

Ford (F) said it plans to update all its 2016 models with the extra steel to help deflect energy in the event of a crash. Ford’s F-150 pickup is the U.S.’s best-selling pickup. It’s also the company’s most profitable model. The new 2015 F-150s are also the first mass-market vehicles with an all-aluminum body.

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