Ford Focus Gets Top Safety Rating - Analyst Blog
February 07 2013 - 1:22PM
Zacks
The National Highway Traffic Safety Administration (NHTSA) has
avowed the top vehicle safety rating on Ford Motor
Co.’s (F) 2013 Ford Focus Electric. In the New Car
Assessment Program (NCAP) testing by NHTSA, Focus obtained a
five-star Overall Vehicle Score. NCAP assesses vehicle performance
in frontal and side-impact crash tests and resistance to
rollover.
Focus is equipped with AdvanceTrac, which comes with electronic
stability control, as well as dual-stage front airbag, front seat
side airbags, side-curtain airbags, four-wheel anti-lock braking
system, LATCH (Lower Anchors and Tether Anchors for Children) and
anti-theft engine immobilizer. The airbags are specifically
designed to provide added protection to the passengers in case of
any crashes.
The Electric Focus comes with a top vehicle safety rating from
NHTSA and a faster-charging technology. The technology helps
charging the vehicle fully within three to four hours.
In a separate development, the company also increased the number of
certified plug-in electrified vehicles dealership to 900 from 67
last year. The increased dealership was in response to the higher
demand for electrified vehicles. Ford’s market share in the
electric vehicle market is the second largest following
Toyota Motor Corp. (TM).
Recently, NHTSA awarded 2013 Ford Fusion and Fusion Hybrid with the
top vehicle safety rating. The 2013 Fusion was rated as the Top
Safety Pick+ by the Insurance Institute for Highway Safety (IIHS).
Honda Motor Co.’s (HMC) redesigned Accord sedan
also received high marks from IIHS.
Ford is one of the largest automobile producers in the world.
Currently, the company retains a Zacks Rank #4 (Sell).
The automaker posted a robust 55.0% rise in earnings per share to
31 cents in the fourth quarter of 2012 from 20 cents in the same
quarter of 2011 (all excluding special items). With this, the
company has beaten the Zacks Consensus Estimate of 26 cents.
Net profit surged 55.7% to $1.2 billion from $797 million a year
ago, driven by the impressive North American results and, to some
extent, solid improvements in Asia Pacific Africa operations.
Total revenue grew 5.5% to $36.5 billion on a 7.5% rise in
wholesale volumes to 1.5 million units. It was higher than the
Zacks Consensus Estimate of $33.2 billion.
Tesla Motors, Inc. (TSLA) is performing well in
the same industry where Ford operates. The company carries a Zacks
Rank #2 (Buy).
FORD MOTOR CO (F): Free Stock Analysis Report
HONDA MOTOR (HMC): Free Stock Analysis Report
TOYOTA MOTOR CP (TM): Free Stock Analysis Report
TESLA MOTORS (TSLA): Free Stock Analysis Report
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