Ford Motor Company NYSE:F yesterday announced that its eco-friendly driving technologies coach drivers to more fuel-efficient driving habits, using real-time feedback and rewards. Ford has effectively pioneered an array of green driving technologies since 2008 designed to empower consumers to conserve fuel and minimize their impact on the environment. Ford has made available the eco-friendly driving tools across several of its gas-powered, hybrid-electric and all-electric vehicles and includes EcoMode, MyFord Touch™ with EcoRoute, SmartGauge™ with EcoGuide and MyFord Mobile.
Ford Motor Company NYSE:F on March 11, 2011 increased 2.13% with the closing price of $14.36. The overall volume in the last trading session was 72.26 million shares. Its fifty two week range was $9.75-$18.97. The total market capitalization remained $54.32 billion.
Marking as a latest business development Ford Motor Company NYSE:F recently announced that the part of one of Michigan’s largest solar power generation systems at Ford’s Michigan Assembly Plant is now up and running, delivering renewable energy to help power the production of fuel-efficient small cars. The system was completed through collaborative efforts of Ford, DTE Energy, Xtreme Power, the city of Wayne and the state of Michigan.
This renewable energy source will help power the production of Ford’s all-new Focus set to hit showrooms this month. The plant is also planned to produce Focus Electric, Ford’s first zero-emission battery electric passenger vehicle and the C-MAX Hybrid and C-MAX Energi plug-in hybrid.
The FORD share price is moving forward from its 52 week low price by 47.28% and going below from its 52 week high price with 24.30%. In the current year its quarter performance included -14.32% however its earnings per share this year experienced growth with 92.86%. The FORD stock price is moving behind from its 20 days moving average with 5.07% and it is going below from its 50 days moving average with 12.77%.
FORD has its stock institutional ownership remained 66.06% however the insider ownership included 0.17%. In its share capital FORD has 3.78 billion shares outstanding out of them 3.70 million shares have been floated in market exchange while the last month share price volatility included 2.55%. Company’s beta coefficient recorded 2.36. Beta factor measures the risk associated with market trading.
Ford Motor Company (Ford) is a producer of cars and trucks. Ford and its subsidiaries also engage in other businesses, including financing vehicles. It operates under two segments: Automotive and Financial Services. The Automotive segment includes the operations of Ford North America, Ford South America, Ford Europe, Ford Asia Pacific Africa and Volvo. The Financial services include the operations of Ford Motor Credit Company and Other Financial Services. In August 2010, the Company completed the sale of its Swedish Volvo Car unit and related assets to China’s Zhejiang Geely Holding Group Co.
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