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Ford Motor Company Announces Car Weight-Loss Plan


Ford Motor Company (NYSE:F) has announced its plan to make its cars lighter by 2020.

Ford Motor Company Announces Car Weight-Loss Plan

As a part of the move to make vehicle more energy efficient, the US based auto maker giant Ford Motor Company (NYSE:F) is planning to make each of its cars and trucks 250 to 750 pounds lighter by 2020.

Paul Mascarenas, Ford Motor Company (NYSE:F)’s chief technical officer said, “Reducing weight will benefit the efficiency of every Ford vehicle. However, it’s particularly critical to improving the range of plug-in hybrid and battery electric vehicles.”

Ford Motor Company (NYSE:F) company shares are currently standing at 11.92.

Ford Motor Company Announces Car Weight-Loss Plan
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Last Price: 11.92
52 Week Low / High: 9.05 / 16.18
50 Day Moving Average: 12.47
6 Month Price Change %: 3.1%
12 Month Price Change %: -19.5%


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