FORD MOTOR COMPANY

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Delayed Nyse  -  04:04 2022-08-05 pm EDT
15.30 USD   -0.46%
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The Ksh 120 Million Rally Cars at the WRC Safari Rally

06/24/2022 | 11:06am EDT

As the World Rally Championship continues to work towards a more sustainable future, the championship has witnessed ground-breaking changes by pioneering hybrid cars. These new-generation of Rally1 cars are from three manufacturers, reigning champions Toyota Gazoo Racing, Hyundai Motorsport and M-Sport Ford.

Hyundai Motorsport

These plug-in hybrid-powered cars are built around an upgraded safety cell chassis, 100 percent fossil-free fuel and sustainable energy supplies that are key to the sport's commitment to a greener future.

The new hybrid challengers blend a 100kW electric motor with a competition-proven 1.6-litre turbocharged petrol engine, which has powered the sport's top-tier cars since 2011.

Toyota Gazoo Racing

The KES 120 Million hybrid car raises the car performance levels to more than 500hp whilst also reducing emissions as they prepare to compete across 13 rounds on four continents.

M-Sport Ford

Copyright Capital FM. Distributed by AllAfrica Global Media (allAfrica.com)., source News Service English

Stocks mentioned in the article
ChangeLast1st jan.
FORD MOTOR COMPANY -0.46% 15.3 Delayed Quote.-26.34%
HYUNDAI MOTOR COMPANY -1.02% 194500 End-of-day quote.-6.94%
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Financials (USD)
Sales 2022 147 B - -
Net income 2022 3 145 M - -
Net cash 2022 12 752 M - -
P/E ratio 2022 21,3x
Yield 2022 3,20%
Capitalization 61 510 M 61 510 M -
EV / Sales 2022 0,33x
EV / Sales 2023 0,29x
Nbr of Employees 183 000
Free-Float 98,0%
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Mean consensus OUTPERFORM
Number of Analysts 23
Last Close Price 15,30 $
Average target price 17,02 $
Spread / Average Target 11,2%
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Managers and Directors
James D. Farley President, CEO, Director & President-Model E
John T. Lawler CFO-Ford Asia Pacific & Africa
William Clay Ford VP & Head-Commercial Truck Vehicle Center
Douglas Field Chief Advanced Technology Officer
Michael R. Amend Chief Digital & Information Officer
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