Ford Motor Co.
) will unveil the new Ford Escort at Auto China 2014, the biggest
Chinese auto show. It will also showcase the Ford Everest Concept
as well as the new Ford Mustang at the car show.
Apart from these cars, the entire range of Ford cars that are
available in China will also be on display at the auto show. The
automaker is also displaying the full range of EcoBoost engines
for the first time in China. Additionally, there will be various
indoor and outdoor display areas highlighting various features of
Ford cars, like the SYNC AppLink, SYNC Emergency Assist, Active
City Stop safety feature, the Active Park Assist smart technology
and Blind Spot Information System (BLIS).
The new Ford Escort compact car has been designed to meet the
requirements of Chinese consumers. Meanwhile, the Ford Everest
Concept is a midsize, seven-seat off-road SUV that has been
designed in Australia. It will likely be manufactured by one of
Ford's joint venture partners in China, Jiangling Motors Corp.
The 2015 Ford Mustang, which was unveiled globally in December
last year, will be on display at a Chinese auto show for the
first time. The vehicle will be available with two engine options
in China - a 2.3-liter EcoBoost and a 5.0-liter V8. A 3.7-liter
V6 engine option is also available in the car in North America,
but not in China.
These cars are a part of Ford's plan to launch 15 new models
in China by 2015. The popularity of the expanded product line-up
boosted the automaker's sales in China by 49% to 935,813 units in
2013. The improvement continued in 2014, with a 45% increase in
sales to 271,321 vehicles in the first quarter.
Ford currently carries a Zacks Rank #3 (Hold). Some
better-ranked automobile stocks worth considering are
Tesla Motors Inc.
Fox Factory Holding Corp.
Toyota Motor Corp.
). Toyota carries a Zacks Rank #1 (Strong Buy), while Tesla and
Fox Factory carry a Zacks Rank #2.
FORD MOTOR CO (F): Free Stock Analysis Report
FOX FACTORY HLD (FOXF): Free Stock Analysis
TOYOTA MOTOR CP (TM): Free Stock Analysis
TESLA MOTORS (TSLA): Free Stock Analysis
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