Ford Motor Co.
Magna International Inc.
) collaborated to design a multi-material lightweight vehicle
(MMLV) concept which utilizes advanced lightweight and
high-strength materials. As a result, the vehicle weighs 25% lower
than current production vehicles. The change in materials also
results in environmental benefits, while improving fuel
The research and development (R&D) was partly funded by the
U.S. Department of Energy (DOE) as part of the lightweight
materials project portfolio of its Vehicle Technologies Office. The
R&D was primarily conducted by Magna International, with Ford
providing necessary assistance.
The project entailed engineering, prototype-building and
selected validation testing. Magna International produced the
closures, chassis and bumper components, while Ford provided the
vehicles, powertrains, tires/wheels, suspension, interiors, glass
and seating required to build a vehicle for testing.
The concept vehicle was developed along the lines of the
production version of the 2013 Ford Fusion. It used aluminum
extensively along with various other materials, which reduced the
weight of the family sedan significantly without affecting the
safety or performance standard of the car.
Ford is taking an active interest in aluminum-based vehicles.
Earlier this year, the automaker launched the new version of the
Ford F-150, which is made with high-strength aluminum alloys used
in aerospace, commercial transportation, energy and many other
rugged industries. This metal improves the dent and dings
resistance of the vehicle and also reduces its weight by 700
pounds. The light weight leads to improved speed and fuel
Ford and Magna International carry a Zacks Rank #3 (Hold) at
present. Some better-ranked automobile stocks worth considering are
Fox Factory Holding Corp
Tower International, Inc.
), which carry a Zacks Rank #1 (Strong Buy).
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FORD MOTOR CO (F): Free Stock Analysis Report
MAGNA INTL CL A (MGA): Free Stock Analysis
FOX FACTORY HLD (FOXF): Free Stock Analysis
TOWER INTL INC (TOWR): Free Stock Analysis
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