Will Ford (F) Stock be Helped by Emerging Markets Plans? - TheStreet.com
The company will use techniques it learned in India to build compact models and increase its market share in emerging markets. Ford has tough competition in India, where Maruti Suzuki India and Hyundai Motors. Ford will launch the Figo Aspire this week in India and then use the fuel-efficient, but powerful engine into other compact vehicles headed for Africa and Southeast Asia, executives told Reuters. Ford, however, may still face hurdles in India since its rivals are more established in the country, HIS Automotive analysts added, according to Reuters. Additionally, Ford will launch eight new models in Africa and open a pickup truck assembly plant in Nigeria. Separately, TheStreet Ratings team rates FORD MOTOR CO as a Buy with a ratings score of B. TheStreet Ratings Team has this to say about their recommendation:. "We rate FORD MOTOR CO (F) a BUY. Source: www.thestreet.com
