Stephen Odell, chairman and CEO, Ford Motor Company (NYSE:F) of Europe said, “At Ford Motor Company (NYSE:F) we are committed to providing outstanding levels of safety for vehicle occupants, and it is immensely gratifying to have received two more Euro NCAP Advanced rewards with the new Focus.”
According to an announcement made by the company, Ford Motor Company (NYSE:F) is introducing 20 new engines and transmissions for the Chinese market by 2015 to support its plans to introduce 15 new vehicles in the country.
Kumar Galhotra, vice president, Product Development for Ford Motor Company (NYSE:F) Asia Pacific and Africa said, “Ford Motor Company (NYSE:F) is committed to be a fuel economy leader in every segment that we compete by utilizing advanced powertrain technologies. These technologies represent a core part of our near-term sustainability goals in China.”
Ford Motor Co. (NYSE: F ) Support & Resistance Levels - 11/28/11
Resistance Levels: $11.20
Support Levels: $10, $9.01
Ford (NYSE:F) is now trading back below $10. Ford Motor Co (F) will face major resistance around the $11.20 level going forward. Ford Inc. (F) has been a strong buy below $10 over the past 4 months and should bounce again. Ford Stock is a buy below $10 for the long term. If you are trading Ford in the short term, keep a stop at $8.99. For the latest updates on the stock market, visit Stock Market Today For the latest updates PRESS CTR + D or visit Stock Market news Today
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