Ford Motor Co.
) has launched a new model of Ford Transit Connect Taxi at the
2013 International Association of Transportation Regulators
Conference in St. Louis. The revamped model has been designed to
meet the company's light-truck commercial durability standards
and will be available from early 2014.
Ford Transit Connect Taxi was launched in 2010 and has gained
popularity in many cities. Currently, the 2013 model of Transit
Connect is available in 4 versions: XL Van, XLT Van, XLT Wagon
and XLT Wagon Premium.
The 2014 model of Ford Transit Connect Taxi promises enhanced
performance with a new 2.5-liter four-cylinder engine and
six-speed automatic transmission. The combination offers
exceptional fuel efficiency, swift response time, sturdiness and
The uniqueness of Ford Transit Connect Taxi lies in the
compressed natural gas/liquefied petroleum gas engine prep
package, which is not offered by any other taxi. Ford Qualified
Vehicle Modifier helps in the conversion to CNG or LPG. This will
help in reducing fuel expenses. The Ford Qualified Vehicle
Modifier can also make the vehicle wheelchair-friendly.
The new Ford Transit Connect Taxi scores high on style and
comfort. It is longer with more interior space and cargo
volume of 60.5 cubic feet behind the second row. Moreover, it has
a twist-beam rear suspension instead of leaf springs and a solid
axle rear suspension used by most competitors.
The Ford Transit Connect Taxi also has a low height, providing
ample advertisement space on the roof. Meanwhile, an interior
hood release helps in checking the fluid levels easily. Various
technologies such as a rear view camera, a 6.5-inch touch-screen
display with navigation, and SYNC with MyFord Touch (Ford's
voice-activated mobile communications system) have been added to
increase the convenience of the driver.
Ford is also coming up with a natural gas version of the
widely-popular F-150 pickup trucks in 2014. The upcoming model
would be equipped with a prep kit including a 3.7 liter V-6
engine and will have an option to run either on compressed or
liquid natural gas or gasoline.
Ford already offers bi-fuel option on its heavy-duty trucks,
but the latest addition would mark a stepping-stone for the
company into the CNG-enabled light-duty vehicle space, which is
currently gaining momentum in the commercial as well as retail
Ford currently carries a Zacks Rank #2 (Buy). Other automobile
stocks that are worth considering at present are
Tesla Motors Inc.
Fuji Heavy Industries Ltd.
Nissan Motor Co. Ltd.
). Both Fuji and Nissan carry a Zacks Rank #1 (Strong Buy), while
Tesla carries a Zacks Rank #2 (Buy).
FORD MOTOR CO (F): Free Stock Analysis Report
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TESLA MOTORS (TSLA): Free Stock Analysis
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