10 Best Cheap Stocks To Buy Right Now: Ford Motor Credit Company(F)
Ford Motor Company primarily develops, manufactures, distributes, and services vehicles and parts worldwide. It operates in two sectors, Automotive and Financial Services. The Automotive sector offers vehicles primarily under the Ford and Lincoln brand names. This sector markets cars, trucks, and parts through retail dealers in North America, and through distributors and dealers outside of North America. It also sells cars and trucks to dealers for sale to fleet customers, including daily rental car companies, commercial fleet customers, leasing companies, and governments. In addition, this sector provides retail customers with a range of after-sale vehicle services and products in the areas, such as maintenance and light repair, heavy repair, collision repair, vehicle accessories, and extended service contracts under the Ford Service, Lincoln Service, Ford Custom Accessories, Ford Extended Service Plan, and Motorcraft brand names. The Financial Services sector offers vari ous automotive financing products to and through automotive dealers. It offers retail financing, which includes retail installment contracts for new and used vehicles; direct financing leases; wholesale financing products that comprise loans to dealers to finance the purchase of vehicle inventory; loans to dealers to finance working capital, purchase real estate dealership, and/or make improvements to dealership facilities; and other financing products, as well as provides insurance services. Ford Motor Company was founded in 1903 and is based in Dearborn, Michigan.
Advisors' Opinion:- [By DAILYFINANCE]
Joe Raedle/Getty Images DETROIT -- The government shutdown dampened -- but didn't stall -- Americans' demand for new cars and trucks. The 16-day shutdown slowed U.S. auto sales in the first two weeks of October, but they picked up speed in the last two weeks. Sales rose 11 percent to 1.2 million. General Motors (GM), ! Ford (F), Nissan and Chrysler all recorded double-digit sales gains, while Toyota (TM), Honda (HMC) and Hyundai saw smaller increases. Of major automakers, only Volkswagen's sales fell. Stable fuel prices, low interest rates and the increased availability of credit pushed people to buy regardless of the political wrangling, said Kurt McNeil, GM's vice president of U.S. sales. "All those things that have been driving the economy? They're still there," he said. Pickup trucks sold well as business improved for contractors and other workers. Sales of the Chevrolet Silverado, GM's top selling vehicle, jumped 10 percent to nearly 43,000, and Chrysler's Ram truck was up 18 percent. Sales of Ford's F-Series pickups rose 13 percent and topped 60,000 for the sixth month in a row. SUV sales were also strong. Sales of Nissan's Pathfinder, which was recently redesigned, nearly doubled from last October. Sales of the Chevrolet Tahoe and Suburban large SUVs both jumped more than 50 percent. The weak spot was small cars and hybrids, which have been struggling to win buyers as gas prices fall. Gas prices averaged $3.27 a gallon at the end of October, the lowest level of the year. The national average has dropped 31 cents since Labor Day, according to AAA. Toyota Prius hybrid sales fell 7 percent while the Chevrolet Volt plug-in hybrid was down 32 percent. The tiny Fiat 500 fell 36 percent. Sales of Ford's Focus small car were down 17 percent, while its C-Max small hybrid fell 20 percent. Ford recently announced plans to idle the Michigan factory where those vehicles are made for two weeks this fall because of weak demand. U.S. consumers have started to
- [By Ben Levisohn]
Thats a mind-boggling milestone for a 10-year-old car marker currently targeting delivery of just 21,000 luxury sedans this year. While Tesla has one percent of Fords (F) U.S. monthly sales, the electric car company already has nearly a third of Fords $64 billion market capitalization. Investors value Tesla at roughly 41 p! ercent of! GMs (GM) $48 billion market value. Indeed, Tesla is now worth more than Suzuki Motor Corp., Mazda Motor Corp., and Fiat SpA, the majority owner of Chrysler Group LLC, according to data compiled by Bloomberg.
- [By John Rosevear]
General Motors (NYSE: GM ) is still one of the world's biggest automakers -- but lately, its profits have been far behind those of rivals. GM outsold every automaker but Toyota (NYSE: TM ) last year -- but Volkswagen (NASDAQOTH: VLKAY ) and Ford (NYSE: F ) , among others, earned more money.
- [By Daniel Miller]
It's always nice for big companies and their PR spin machines to mention how green and environmentally friendly their operations have become. However, those statements are often just that -- PR spinning its wheels. We have to be honest with ourselves: While the going green theme will help improve Ford's (NYSE: F ) or General Motors'brand image, it hasn't historically contributed much to the bottom line, if at all. A recent study by Interbrand found that the automotive industry has improved by leaps and bounds in producing environmentally green brands and, this time, there is more substance for investors looking at the bottom line.
source from Top Penny Stocks For 2015:http://www.topstocksforum.com/10-best-cheap-stocks-to-buy-right-now.html
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