Ford’s chief marketer Jim Farley has overseen some of the company’s most important successes of the past few years, ones that have made it the most profitable automaker in America. In early copies of the book “Once Upon A Car” that are circulating Farley said “F*** GM, I hate them and their company and what they stand for.” A book written by well-respected New York Times reporter Bill Vlasic. Hit the jump to read the rest of the story and to read the response to Farley’s Statements. Funk Flex

Say what you will about its car design, or the horizontal integration of four-door sedans and big bustling SUVs into its sportscar line-up. But Porsche, push comes to shove, knows efficiency. And we’re not talking about miles-per-gallon here. We’re talking about corporate management and the license to virtually print money. @funkmasterflex

Ford has announced a recall of 26,715 E-Series, Excursion and Ranger vehicles for a defective hazard warning, signal and brake light switch. According to the National Highway Traffic Safety Administration, certain F-250, F-350, F-450 and F-550 vehicles manufactured between 2002 and 2007, certain Excursion models built between 2002 and 2005 and Ranger pickups built between 2002 and 2011 may have been assembled with a faulty switch that could deform over time. @funkmasterflex

BMW is about to make current and future 1 and 3 Series sedan owners happy. At least, the ones seeking a tick more performance. The automaker is now offering the BMW Performance Edition as a a limited-availability option package on 2011 335i sedans. It will also be made available to existing 135i and 335i customers beginning later in the year. @funkmasterflex

U.S. new-car sales have been improving in July compared with the previous two months but remain below the rate seen earlier in the year, research firm J.D. Power and Associates said today. Hit the jump to read the rest of the story. Funk Flex