ECD Automotive Design Wins Dual Awards for Custom Jaguar E-Type and Mustang Builds
View images or video of The Wellesley Commission
View images or video of Project Ghost
The Wellesley Commission: A Jaguar Triumph
Commissioned as a one-of-one build for a private collector, The Wellesley Commission is a handcrafted Jaguar E-Type Series III, extensively reengineered for modern performance while retaining the soul of the original 1960s icon. Finished in the beautifully classic British Racing Green with a rich Spinneybeck Veluto Pelle interior and powered by a modern LS3 V8, the vehicle wowed judges and attendees alike at the prestigious British Car Day, hosted by the Larz Anderson Auto Museum in Brookline, Massachusetts.
'To have one of our builds honored at a museum so closely tied to British automotive heritage is incredibly rewarding,' said Scott Wallace, Co-Founder and CEO of ECD. 'The Wellesley Commission represents everything we strive for — craftsmanship, individuality, and timeless design.'
Project Ghost '67: A New Chapter for ECD
Marking a bold expansion beyond its British roots, ECD's Project Ghost '67 is the company's first fully bespoke Ford Mustang build. Completed earlier this year, the 1967 fastback Mustang merges classic American muscle with ECD's precision approach to performance and personalization. Featuring a small-block 465 HP Roush V8 engine, Rambler Chrome wheels, custom heated Recaro seats, and a stealth high gloss mineral white, the vehicle earned Best of Class in the Modified Muscle Car division at the 2025 Route 66 Road Fest, a national celebration of American automotive culture.
In recognition of its design and engineering excellence, Project Ghost has also been invited for display at a special launch event at the Roush Museum in partnership with the Roush Automotive Collection in Livonia, Michigan on July 11th. The exhibit will celebrate standout custom and performance Mustangs, placing ECD's debut American muscle build alongside some of the most iconic names in the industry.
'Winning Best of Class with our very first custom Mustang validates our vision to expand beyond Land Rovers and Jaguars,' said Elliot Humble, ECD Co-Founder and Chief Technical Officer. 'Project Ghost represents the next evolution of ECD — applying our proven craftsmanship to the most iconic American nameplates.'
The Wellesley Commission
Model — Jaguar Series 3
Powertrain — GM LS3
Suspension — Road Performance - Damping Adjustable with Fast Steering Rack
Brakes — High Performance
Paint Color — British Racing Green Full Gloss
Wheels — Upgraded 16 Inch Wire Wheels & Knock-Off Spinners
Tires — Pirelli Cinturato
Dash Style — Wrapped in Approved Black Leather
Steering Wheel — 15" Original Wooden Wheel
Gauges — Moal Bomber
Radio — Classic Style Stereo with Bluetooth
Project Ghost '67
Model — 1967 Mustang Fastback
Engine — 465-HP ROUSH 347 IR Small Block Ford V8
Chassis — Roadster Shop RS Spec with Adjustable RS SV Fox Coilovers
Brakes — 11" Drilled & Slotted Rotors, 4-Piston Red Calipers
Paint — High Gloss Mineral White with Gloss Santorini Black Metallic Rally Stripes
Wheels — 17' Rambler Chrome Wheels
Tires — Nitto NT555
Dash Style — Heated Recaro Seats in Black Leather
About ECD Automotive Design
ECD Automotive Design (NASDAQ: ECDA), ECD, is a public company trading under ECDA on the Nasdaq, is a creator of restored luxury vehicles that combines classic beauty with modern performance. Currently, ECD restores Land Rovers Series, Land Rover Series IIA, the Range Rover Classic, Jaguar E-Type, Ford Mustang, Toyota FJ, and highly specialized vehicles from its Boutique Studio. Each vehicle produced by ECD is fully bespoke, a one-off that is designed by the client through an immersive luxury design experience and hand-built from the ground up in 2,200 hours by master-certified Automotive Service Excellence ('ASE') craftsmen. The company was founded in 2013 by three British 'gear heads' whose passion for classic vehicles is the driving force behind exceptionally high standards for quality, custom luxury vehicles. ECD's global headquarters, is a 100,000-square-foot facility located in Kissimmee, Florida that is home to 105 talented and dedicated employees that hold combined 80 ASE and five master level certifications. ECD has an affiliated logistics center in the U.K. where its seven employees work to source and transport 25-year-old work vehicles back to the U.S. for restoration. For more information, visit www.ecdautodesign.com.
For press inquiries, high-resolution images, or to schedule an interview, please contact:
ECD Media Relations
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
National Post
19 minutes ago
- National Post
July Issue of Best's Review Ranks Top 20 Global Brokers and More
Article content OLDWICK, N.J. — The July issue of Best's Review includes the following exclusive rankings: Article content Top 20 Global Brokers – 2025 Edition Top 200 US Property/Casualty Writers – 2025 Edition Top 200 US Life/Health Insurers – 2025 Edition Top 75 U.S. and Canada Public Insurers – 2025 Edition Ranked by 2024 assets. Ranked by 2024 revenue. World's Largest Insurance Companies – 2025 Edition Ranked by 2023 net nonbanking assets. Ranked by 2023 net premiums written. Top 25 U.S. Holding Companies – 2025 Edition Ranked by 2024 total assets. Ranked by 2024 total revenue. Article content Article content Best's Review Article content is Article content AM Best Article content 's monthly insurance magazine, covering emerging issues and trends and evaluating their impact on the marketplace. Access to the complete content of Article content Best's Review Article content is available Article content here Article content . Article content For Best's Review advertising opportunities and a complete media kit, visit AM Best Advertising Services. Article content . Article content Article content Article content Article content Article content Contacts Article content Patricia Vowinkel Article content Article content Article content
Globe and Mail
19 minutes ago
- Globe and Mail
Down on dividend investing? Here's why you shouldn't be
I hope you're sitting down, because I have some shocking news to share: Not everyone loves dividends. I know, crazy, right? Who could possibly be against receiving regular cash payments for doing absolutely nothing to earn them? Dividend critics offer myriad reasons for their aversion to watching free money pile up in their accounts. Dividend companies are slow-growing dinosaurs, they say. Dividends stick investors with unnecessary taxes. Dividends don't necessarily create wealth but simply return investors' own capital. Some critics have even gone so far as to label dividend investing a cult. Today, I'm going to respond to these and other criticisms of my favourite investing strategy, starting with that last allegation. Okay, I admit it. Dividend investors believe in doomsday prophecies and engage in animal sacrifices. Who doesn't? But that's where the cultish behaviour ends. Unlike in an actual cult, we don't demand slavish devotion to a person or doctrine. Dividend investors are free to hold other asset classes such as growth stocks and fixed-income securities. We believe in diversification because we know that dividend investing has worked very well at times, but less well at other times. The cult of dividend investing faces a crisis of faith That's why I always remind investors to supplement their dividend holdings with index exchange-traded funds. ETFs that track the S&P 500, for example, provide exposure to sectors such as technology that don't generally pay big dividends but have produced outstanding capital gains. As much as I love dividends, l also believe in having a well-rounded portfolio. It depends on what time period you're looking at. Let's compare two exchange-traded funds, the iShares Canadian Select Dividend Index ETF (XDV) and the iShares Core S&P/TSX Capped Composite Index ETF (XIC). For the three years ended June 30, XDV posted a total annualized return, including dividends, of about 12.9 per cent, lagging XIC's return of 16 per cent. This shouldn't be surprising, given that interest rates rose sharply over that period as central banks tried to tame inflation. Rising rates typically compresses dividend stock valuations. But the picture changes dramatically if we look at just the past year, when interest rates were no longer rising, but falling. The dividend ETF came out on top with a total return of 32.5 per cent, compared with 26.2 per cent for the benchmark index ETF. There have been plenty of other periods when dividend stocks outperformed the broader market, and there will probably be more in the future. Critics point out – correctly – that when a dividend is paid (or, more accurately, when the dividend record date arrives), the stock's value adjusts downward by an equal amount to reflect the fact that money has gone out the door. It rarely works out precisely that way, because lots of other factors affect stock prices. But does this mean the company is simply returning your own capital to you? No. Seven stocks with growing dividends that will benefit from rate cuts Return of capital (ROC) has a specific meaning in investing. It refers to a distribution that does not consist of income such as dividends, interest or realized capital gains. A dividend, by definition, is not a return of capital. Rather, it is paid out of a company's earnings. In other words, when a company sends you a dividend, it is sharing a portion of its profits with you. This is your reward for being a part-owner of the business. With growth stocks that pay no dividends, on the other hand, you'll need to sell shares to generate cash – something not everyone is comfortable doing. If you don't need the cash from dividends, you can always enroll your shares in a dividend reinvestment plan so your money continues to compound, or you can manually reinvest your dividends elsewhere. Yes, if you hold dividend stocks in a non-registered account, you'll likely have to pay some tax, which you could avoid if you invested in a growth company that reinvested all of its cash internally instead. The good news is that dividends are taxed at favourable rates thanks to the dividend tax credit (DTC). If your income is low enough, you'll pay very little, if any, tax on dividends. In many provinces, the tax rate on dividends is actually negative in the lowest income brackets. Because the DTC is a non-refundable tax credit, the government won't send you a cheque for the negative tax. But you can use the credit to offset your other taxes owing. Dividends are almost as old as capitalism itself. The practice goes all the way back to the early 1600s, when the Dutch East India Company paid the first dividend – initially in spices, and later in cash – under pressure from investors who complained about the company's poor allocation of capital. Nowadays, dividends are virtually impossible to avoid. The vast majority of the biggest companies on the S&P/TSX Composite Index – including banks, pipelines, railways, energy producers and insurers – pay dividends. If these companies suddenly stopped paying them, shareholders would revolt. The powerful dividend benefit nobody talks about Investors want dividends, not just for financial reasons, but for the psychological benefits as well. During periods of extreme volatility, receiving a regular flow of dividend income can help investors resist the urge to sell, which could sabotage their long-term financial goals. Adding to investors' peace of mind, dividend-paying companies are 'typically well-established, soundly managed companies with stable businesses,' RBC Global Asset Management said in a report. 'Moreover, many companies are able to grow their earnings and reward investors by increasing their dividend payouts, which can lead to share-price gains and help income investors stay ahead of inflation.' Finally, companies that increase their dividends regularly – which is the holy grail for dividend investors – have also outperformed the broader stock market over long periods, with lower volatility, RBC said. With that, I raise my glass to dividends. And, for the record, it isn't filled with cyanide-laced Kool-Aid. E-mail your questions to jheinzl@ I'm not able to respond personally to e-mails but I choose certain questions to answer in my column.
Globe and Mail
19 minutes ago
- Globe and Mail
Why QuantumScape Stock Is Sinking Today
Key Points QuantumScape is sinking after Goldman Sachs published bearish coverage on the stock. Goldman raised its one-year price target on QuantumScape from $2 per share to $3 per share, but it maintained a sell rating on the stock. QuantumScape's solid-state batteries could be revolutionary, but the stock is a high-risk play. 10 stocks we like better than QuantumScape › QuantumScape (NYSE: QS) stock is being hit with big sell-offs Friday in response to bearish analyst coverage. The company's share price was down 6.3% as of 3 p.m. ET. despite the S&P 500 being up 0.4% and the Nasdaq Composite being up 0.3% at the same point in the day. The stock had been down as much as 11.9% earlier in trading. Shortly before the market closed yesterday, Goldman Sachs published new coverage on QuantumScape and reiterated a sell rating on the stock. Despite some recent pullbacks, the company's share price is still up 127% this year. QuantumScape stock sinks following bearish coverage With its coverage yesterday, Goldman Sachs raised its one-year price target on QuantumScape from $2 per share to $3 per share but kept a sell rating on the stock. Mark Delaney, the firm's lead analyst on the solid-state battery specialist, said he saw some encouraging signs with QuantumScape's new Cobra manufacturing process and the expansion of its deal with Volkswagen 's PowerCo subsidiary, but he remained heavily bearish on the stock due to a belief that big risk factors facing the business aren't reflected in its current valuation. As of this writing, the investment firm's price target implies potential downside of roughly 74.5% for the stock. What's next for QuantumScape? QuantumScape's solid-state battery technologies have the potential to make big waves in the electric vehicle (EV) industry by offering superior charge capacity, faster charging, and safety improvements. On the other hand, it still remains to be seen whether they will actually wind up being brought to market and used by Volkswagen's PowerCo and other potential customers. With its recent quarterly report, the company announced that it had secured a new deal with PowerCo worth $131 million and that it now had enough cash to fund its operations through 2029. QuantumScape stock could deliver huge returns if its solid-state batteries see market adoption, but the stock is a speculative play and could see big sell-offs if the company hits roadblocks on the path to commercialization. Should you invest $1,000 in QuantumScape right now? Before you buy stock in QuantumScape, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and QuantumScape wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $636,774!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,064,942!* Now, it's worth noting Stock Advisor's total average return is 1,040% — a market-crushing outperformance compared to 182% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 21, 2025
