On the surface, Ford’s latest announcement is a fantastic deal for car buyers. The company is retiring its “employee pricing for all” campaign and rolling out an aggressive “Zero, Zero, Zero” summer sales event: zero down payment, zero percent interest for 48 months, and zero payments for the first 90 days.
It’s a tempting offer, but when you look closer at the economic landscape, it starts to look less like a confident summer promotion and more like a defensive maneuver against a gathering storm. The automaker’s new “zero down, zero interest” is a calculated response to economically stressed consumers and the looming expiration of the $7,500 EV tax credit.
Ford says it’s responding to customers who, squeezed by higher mortgage rates and travel costs, want to buy a new car without a hefty upfront payment. “Many families have seen their savings go toward higher mortgage rates and summer travel costs,” Rob Kaffl, who is director, U.S. sales and dealer relations said in a blog post.. “They want a new vehicle but also want options that allow them to forgo an upfront down payment.”
Data from the Federal Reserve Bank of New York’s latest Q1 2025 Household Debt and Credit report paints a stark picture. Total auto loan debt in the U.S. has swelled to $1.64 trillion. More importantly, the rate of serious delinquencies—loans 90 or more days past due—has climbed to 2.94%. While this figure has stabilized recently, it remains elevated, signaling that a significant number of Americans are struggling to make their car payments. For many, a down payment is no longer feasible, and with average new car loan rates still high, a zero percent interest offer is a massive financial relief.
Ford wants to lure cash-strapped buyers for gas-powered F-150s and Broncos. But there’s a second, more urgent deadline that may be fueling this fire sale: the EV tax cliff.
The hugely popular $7,500 federal tax credit for new electric vehicles is set to expire permanently on September 30. After that date, the single biggest government incentive for buying an EV vanishes overnight. This creates a massive sense of urgency for automakers like Ford to sell their current inventory of electric vehicles, like the Mustang Mach-E and F-150 Lightning, before they effectively become $7,500 more expensive to the consumer on October 1.
While Ford celebrated strong overall Q2 sales, a closer look at industry data reveals a telling weakness: sales of its fully electric models have been declining. The company’s growth is being propped up by gas and hybrid trucks, not the EVs that are about to lose their biggest selling point.
By extending its “Ford Power Promise” and rolling it into this new zero percent financing deal, Ford is essentially sounding an alarm bell. The company is telling potential EV buyers that this is their last, best chance to get a deal before the market fundamentally changes. It’s an aggressive attempt to clear out EV inventory and lock in sales from anxious consumers before a challenging economic climate and the end of government subsidies create a perfect storm for the auto industry.
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![Anthropic’s Mythos AI Reportedly Hacked the NSA’s Most Sensitive Systems ‘in Hours’
When Anthropic first disclosed Mythos in April, it sent an anxious shockwave through much of the cybersecurity sector. The new AI model was allegedly so ruthlessly effective at finding and exploiting security vulnerabilities in existing software that the company said it was holding off on a public release and would only grant access to a small group of early testers, including the U.S. National Security Agency (NSA). Another wave of fear reverberated this week after the NSA reportedly discovered multiple vulnerabilities within its own cybersecurity systems during its tests with Mythos. If that agency—which supposedly boasts the most impenetrable cyberdefenses in the world—can be hacked by Mythos, what hope does the rest of the world’s cybersecurity infrastructure have? This latest round of panic began with what seems to have been something of a game of telephone: Someone says one thing, which gets repeated by another, and another after that, and along that chain of communication, the original statement is distorted. Last week, The Economist reported that during a June 11 hearing before the Senate Committee on Banking, Housing, and Urban Affairs, Democratic Senator Mark Warner of Virginia said that Mythos had broken into “almost all of [the NSA’s] classified systems, not in weeks, but in hours.” Warner said he’d received that information from the head of the NSA himself, General Joshua Rudd, who also leads the Pentagon’s Cyber Command division. On Monday, a coalition of intelligence agencies—including the NSA and its counterparts in Canada, the U.K., Australia, and New Zealand— issued an unusually public warning that the risk that AI now poses for cybersecurity warrants a “whole-of-society response.”
The Economist’s report was seen by some as evidence that the worst fears about Mythos were true, a reaction that was undoubtedly fueled also by the aura of power and mystery that has coalesced around the model in recent months. That aura has arguably been a boon for Anthropic, which recently usurped OpenAI as the most valuable startup in the world and is preparing for what’s expected to be a historic IPO.
But it’s also been a contributing factor in its latest skirmish with the Trump administration, which ordered the company earlier this month to restrict access for all foreign nationals to Fable 5, a “Mythos-class” model that had recently been made publicly available and which was built with safeguards that to some users were annoyingly stringent. Citing national security concerns, the administration invoked an obscure piece of export control legislation, a move that, according to some legal experts, is spurious. Many cybersecurity experts, meanwhile, argued that the ban would hamstring U.S. cybersecurity defenses and give adversaries like China the upper hand. That argument was seemingly vindicated by a Tuesday report from the New York Times which said that Trump’s ban—which also targeted another model called Mythos 5, which had only been made available to a small group of organizations—had put the kibosh on the NSA’s internal tests with Mythos, and that the administration was now working with Anthropic to reinstate the agency’s access for limited purposes related to national security. The NSA did not immediately respond to Gizmodo’s request for comment.
That same report from the Times also clarified that the NSA’s internal tests with Mythos were less apocalyptic than online rumors might suggest. According to federal officials cited in the report, the tests were carried out in a digital environment so robustly controlled that it’s very unlikely any hacker or foreign intelligence agency could replicate them. The officials also told the Times that even though Mythos was able to identify cybersecurity vulnerabilities, it didn’t actually exploit them. The author of the report in The Economist—the one that had been the initial cause of all the worry—has also admitted that his portrayal of the NSA’s tests with Mythos had been misleading. The tests “surely [involved] using Mythos alongside other tools under very particular conditions,” he wrote in a X post on Sunday. “I quoted [Senator Warner] to give a sense of Mythos’ potency. But it was a mistake not to have added caveats.” #Anthropics #Mythos #Reportedly #Hacked #NSAs #Sensitive #Systems #HoursAI,Anthropic,Mythos,NSA,Trump,White House Anthropic’s Mythos AI Reportedly Hacked the NSA’s Most Sensitive Systems ‘in Hours’
When Anthropic first disclosed Mythos in April, it sent an anxious shockwave through much of the cybersecurity sector. The new AI model was allegedly so ruthlessly effective at finding and exploiting security vulnerabilities in existing software that the company said it was holding off on a public release and would only grant access to a small group of early testers, including the U.S. National Security Agency (NSA). Another wave of fear reverberated this week after the NSA reportedly discovered multiple vulnerabilities within its own cybersecurity systems during its tests with Mythos. If that agency—which supposedly boasts the most impenetrable cyberdefenses in the world—can be hacked by Mythos, what hope does the rest of the world’s cybersecurity infrastructure have? This latest round of panic began with what seems to have been something of a game of telephone: Someone says one thing, which gets repeated by another, and another after that, and along that chain of communication, the original statement is distorted. Last week, The Economist reported that during a June 11 hearing before the Senate Committee on Banking, Housing, and Urban Affairs, Democratic Senator Mark Warner of Virginia said that Mythos had broken into “almost all of [the NSA’s] classified systems, not in weeks, but in hours.” Warner said he’d received that information from the head of the NSA himself, General Joshua Rudd, who also leads the Pentagon’s Cyber Command division. On Monday, a coalition of intelligence agencies—including the NSA and its counterparts in Canada, the U.K., Australia, and New Zealand— issued an unusually public warning that the risk that AI now poses for cybersecurity warrants a “whole-of-society response.”
The Economist’s report was seen by some as evidence that the worst fears about Mythos were true, a reaction that was undoubtedly fueled also by the aura of power and mystery that has coalesced around the model in recent months. That aura has arguably been a boon for Anthropic, which recently usurped OpenAI as the most valuable startup in the world and is preparing for what’s expected to be a historic IPO.
But it’s also been a contributing factor in its latest skirmish with the Trump administration, which ordered the company earlier this month to restrict access for all foreign nationals to Fable 5, a “Mythos-class” model that had recently been made publicly available and which was built with safeguards that to some users were annoyingly stringent. Citing national security concerns, the administration invoked an obscure piece of export control legislation, a move that, according to some legal experts, is spurious. Many cybersecurity experts, meanwhile, argued that the ban would hamstring U.S. cybersecurity defenses and give adversaries like China the upper hand. That argument was seemingly vindicated by a Tuesday report from the New York Times which said that Trump’s ban—which also targeted another model called Mythos 5, which had only been made available to a small group of organizations—had put the kibosh on the NSA’s internal tests with Mythos, and that the administration was now working with Anthropic to reinstate the agency’s access for limited purposes related to national security. The NSA did not immediately respond to Gizmodo’s request for comment.
That same report from the Times also clarified that the NSA’s internal tests with Mythos were less apocalyptic than online rumors might suggest. According to federal officials cited in the report, the tests were carried out in a digital environment so robustly controlled that it’s very unlikely any hacker or foreign intelligence agency could replicate them. The officials also told the Times that even though Mythos was able to identify cybersecurity vulnerabilities, it didn’t actually exploit them. The author of the report in The Economist—the one that had been the initial cause of all the worry—has also admitted that his portrayal of the NSA’s tests with Mythos had been misleading. The tests “surely [involved] using Mythos alongside other tools under very particular conditions,” he wrote in a X post on Sunday. “I quoted [Senator Warner] to give a sense of Mythos’ potency. But it was a mistake not to have added caveats.” #Anthropics #Mythos #Reportedly #Hacked #NSAs #Sensitive #Systems #HoursAI,Anthropic,Mythos,NSA,Trump,White House](https://gizmodo.com/app/uploads/2026/06/GeneralJoshuaRudd-1280x853.jpg)

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