The National Highway Traffic Safety Administration (NHTSA) has
avowed the top vehicle safety rating on
Ford Motor Co.
) 2013 Ford Fusion and Fusion Hybrid. In the New Car Assessment
Program (NCAP) testing by NHTSA, which assess vehicle performance
in frontal and side-impact crash tests and resistance to
rollover, both the gasoline-powered and hybrid versions of Fusion
obtained a five-star Overall Vehicle Score.
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Recently, 2013 Fusion was also rated as the Top Safety Pick+ by
the Insurance Institute for Highway Safety (IIHS). This is the
highest rating offered by IIHS for vehicle safety.
Both versions of Fusion are equipped with personal safety system,
new safety belt technologies and airbag systems. The airbags are
specifically designed to provide added protection to the
Toyota Motor Corp
) best-selling 2013 Camry passenger car received a poor
crash-test rating from IIHS. However, its predecessor, 2012 Camry
was chosen as a Top Safety Pick by IIHS and received a 5-star
safety rating from the NHTSA.
Honda Motor Co.
) redesigned Accord sedan received high marks from IIHS. Accord
was among a group of 2013 model year midsize cars tested by the
insurance industry group.
Michigan-based Ford is one of the largest automobile producers in
the world. The company operates in two segments: Automotive and
Financial services. Although the company's primary selling ground
is the U.S.; Europe, South America and the Asia-Pacific
constitute its other major markets.
Ford posted a 17.6% rise in earnings per share to 40 cents in the
third quarter of the year from 34 cents a year ago, driven by
impressive results in its North American operation and, to some
extent, its Asian operation. With this, the company has also
surpassed the Zacks Consensus Estimate by 10 cents per share.
Total profit rose 15.6% to $1.6 billion from $1.4 billion a year
However, total revenue in the quarter slid 3.0% to $32.1 billion
due to lower revenues in South America, Europe and Financial
Services operations that offset the marginal improvement in
revenues in North America and Asia. However, revenues were higher
than the Zacks Consensus Estimate of $31.0 billion for the
quarter. Currently, the company retains a Zacks Rank #3 (Hold).
esla Motors, Inc.
) is performing well. The company carries a Zacks Rank #2 (Buy)