The National Highway Traffic Safety Administration (NHTSA) has avowed the five-star Overall Vehicle Score on Ford Motor Co.’s (F - Free Report) 2013 Ford Fusion Energi. This highest safety rating of the U.S. Government is awarded by the New Car Assessment Program (NCAP) of NHTSA after assessing the vehicle performance in frontal and side-impact crash tests and resistance to rollover.
Fusion Energi is equipped with the Personal Safety System together with safety belt technologies and front impact airbags. Other technologies in Fusion Energi are Lane Keeping Assist, Adaptive Cruise Control, Rearview Camera, Hill Start Assist and Electronic Parking Break.
Ford Fusion comes with a highest possible safety rating from NHTSA together with fuel efficiency. Fusion Energi has the EPA fuel economy rating of 108 MPG, which is 5 MPG better than Toyota Motor Corp.’s (TM - Free Report) Toyota Prius plug-in hybrid.
The 2013 Fusion was also rated as the Top Safety Pick+ by the Insurance Institute for Highway Safety (IIHS). Honda Motor Co.’s (HMC - Free Report) redesigned Accord sedan also received a high rating from IIHS.
Recently, NHTSA awarded Ford Fusion and the Ford Fusion Hybrid with the five-star safety rating. NHTSA is conducting these safety tests on the plug-in vehicles separately due to the rising demand for electrified vehicles.
Ford posted an increase of 4.1% in earnings to $1.6 billion and a 5.1% rise in earnings per share to 41 cents in the first quarter of 2013, beating the Zacks Consensus Estimate by 3 cents.
Revenues improved 10.5% to $35.8 billion, exceeding the Zacks Consensus Estimate of $32.8 billion. The improvement in revenues and earnings was mainly attributable to Ford’s strong performance in North America and Asia Pacific Africa, partially offset by unfavorable exchange rate in South America and uncertainties in Europe.
Mich. based Ford is one of the largest automobile producers in the world. Currently, the company carries a Zacks Rank #3 (Hold). Visteon Corp. (VC - Free Report) a Zacks Rank #1 (Strong Buy) stock is performing well in the broader industry where Ford operates.