Dallas, Texas 11/21/2013 (Financialstrend) – Ford Motor Company (NYSE:F) is all set to unveil its next generation 2015-Mustang on 5th December. This is the 1st complete-overhaul of this car since 2005, said the company on Tuesday. This new Mustang will be celebrating its 50th-anniversary next spring; will get a more modernized design, added nimble-chassis & enhanced and efficient engines & transmissions. The primary objective of all these changes is to widen the Mustang’s appeal beyond the core American audience. Jim Farley, the global marketing chief for Ford Motor Company (NYSE:F) said that the company had a big decision to make about the changes in the classic Mustang. However this was a chance to take the iconic vehicle global.
In Wednesday’s trading session, Ford Motor Company (NYSE:F) rose by 0.30%. The opening price of the shares was $16.89, which climbed to an intraday high of $17.08 and headed to close at $16.92. Approximately 31.09 million shares were traded on Wednesday while the average-volume of 37.74 million shares were traded over a 30 day period. The 52-week low of Ford Motor Company (NYSE:F) shares is $10.76 while the 52-week high is $18.02. The company has a market capitalization of $66.66 billion.
About the company
Ford Motor Company (NYSE:F) operates in the international automotive industry. The company operates in 2 business sectors: 1- Automotive and 2- Financial Services. Ford Motor Company (NYSE:F) manufactures / distributes automobiles in six continents. The company’s automotive brands are Ford and Lincoln. Ford Motor Company (NYSE:F)’s Automotive sector covers Ford South America, Ford North America, Ford Europe & Ford Asia Pacific Africa regions. In the year that ended 31st December 2012, Ford Motor Company (NYSE:F) sold around 5,668,000 vehicles in the wholesale market worldwide. The company’s Other Financial Services covers a variety of businesses, such as holding companies and real estate. Ford Motor Company (NYSE:F) along with its subsidiaries are also involved in other businesses, like financing vehicles.