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ford motor co (F) Key Developments

Ford Motor Co. Offers Surveillance Mode Technology to Encourage Expanded Adoption

Ford Motor Co. announced the availability of its multi-patent-pending surveillance mode technology to other vehicle manufacturers and for use in military applications. The surveillance mode - available on Ford Police Interceptor -- was developed to warn law enforcement officers of unexpected approaches from behind the vehicle. It is being made available by Ford and through InterMotive Inc. to expand adoption of the system to help protect law enforcement officers and military personnel around the globe. Ford and InterMotive worked together to develop, manufacture and provide the surveillance mode system for use on Ford Police Interceptor beginning with 2014 vehicles. InterMotive is known for providing innovative vehicle control systems for various applications, including law enforcement. The system uses the existing rearview camera and radar to detect a person approaching the vehicle from behind and then automatically sounds a chime, rolls up the driver's side window, lock all doors and flashes exterior lighting. While officers write reports, monitor their in-car computer or radar and perform other tasks sitting in their vehicles, surveillance mode gives them an extra set of eyes to help protect against threats. When the system is activated by the officer, it provides added situational awareness and a first line of defense from potential assailants.

Automatic Labs and Ford Motor Company Announce Joint Experimental Collaboration to Improve the Driving Experience for Ford and Lincoln Vehicle Owners

Automatic Labs and Ford Motor Company announced a joint experimental collaboration to improve the driving experience for Ford and Lincoln vehicle owners. Together, the companies will test and develop new features that provide enhanced capabilities to Ford and Lincoln vehicle owners, enabling drivers to opt-in to provide data from their vehicle and use that information to be smarter, safer drivers. Ford SYNC(R) already allows drivers to make calls, listen to music and get directions with an optional navigation feature through the touch of a button on the steering wheel--all while keeping hands on the wheel and eyes on the road. Existing technology from Automatic uses a small device and a mobile app to connect a driver's smartphone to his or her vehicle's onboard computer. Customers will be given the option to opt-in to Automatic, which will provide data that can help remember where the vehicle is parked and more. While Automatic's device has been available in Apple and Best Buy stores since last year, this is the first time the company has teamed up with an auto manufacturer to experiment with its in-vehicle entertainment and communications system. The first of several features available to drivers who use Automatic in supported Ford SYNC-equipped vehicles will make Apple's Siri personal assistant application accessible on Apple iPhone through the push-to-talk button on the steering wheel. This means drivers will not have to reach for their iPhone while operating their vehicle, allowing them to keep their eyes on the road and hands on the wheel. In addition, Automatic will provide greater convenience to drivers by connecting the push-to-talk button to the "Internet of Things," enabling access to the popular If This Then That, or IFTTT, web service, which automates actions using the Internet. This allows drivers to use the push-to-talk button to trigger an IFTTT recipe from among hundreds in the web service library. IFTTT recipes range from sending messages to remotely operating home appliances. Users will be able to create their own recipes as well. Automatic will launch additional connected-car enhancements in the coming months. Ford vehicles supported by Automatic's technology include the 2011-2015 Ford Explorer, 2013-2015 Ford Flex, 2011-2014 Ford F-150, 2011-2015 Ford F-Series Super Duty and 2013-2015 Ford Taurus. Supported Lincoln vehicles include the 2013-2015 Lincoln MKS, 2013-2015 Lincoln MKT, 2011-2014 Lincoln MKX and the 2015 Lincoln Navigator. Ford and Automatic encourage drivers not to drive while distracted. The new Ford Automatic integration will be available by downloading the latest version of the Automatic iOS app in coming weeks.

Ford Motor Co. Launches Second-Generation S-Max Minivan

Ford Motor Co. announced that it is launching its second-generation S-Max minivan at the 2014 Paris Motor Show, scheduled to be held in October. The model is a toned-down version of the S-Max Concept that was launched at the 2013 Frankfurt Motor Show. The vehicle features front end with elongated angular headlights, and a trapezoidal radiator grille with chromed horizontal slats and horizontal tail lamps at the rear. The interior has a three-spoke multi-function steering wheel, a digital instrument cluster and a large colour touch screen on the centre stack. According to sources, the vehicle will be available with a choice of a 2.0-litre, four-cylinder turbodiesel engine available with either 118, 148 or 177bhp, a 1.5-litre petrol EcoBoost engine that generates 158bhp, and a 2.0-litre EcoBoost that produces 237bhp. The engines will be coupled with a choice of a six-speed manual and a dual-clutch gearbox, and all-wheel drive will be available at an extra cost.

Ford Motor Co. Launches Figo in India

Ford Motor Co. announced that it is launching its refreshed Figo in India. The model features 'smoky stealth' trim finish for the 14-inch alloy wheels and fog lamp housings, powered rear view mirrors with integrated turn indicators and an interior with centre console, door pad handles and dual-tone seats finished in 'cyber blue' trim in the Kinetic Blue Titanium variant. It is available with a choice of a 1.2-litre four-cylinder petrol engine producing 70bhp and 102Nm of torque, and 1.4-litre diesel engine with 68bhp of power and 160Nm of torque. Both engines are coupled with a five-speed manual gearbox. The vehicle is to be priced from INR 387,000.

Ford Motor Company Announces European Sales Results for the Month and Year to Date Ended August 2014

Ford Motor Company announced European sales results for the month and year to date ended August 2014. The company reported that its European vehicle sales increased 14.4% year-on-year in August, outperforming the overall industry which saw sales increase 2% in August relative to the prior-year period. The company's year-to-date sales in Europe rose 7.1% year-on-year, due to a significantly refreshed and expanded vehicle line-up and Ford's total vehicle market share climbed by 0.8 percentage points to 7.8% in August.

 

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Price/Earnings 10.2x
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Price/Cash Flow 9.7x
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