Ford Motor Company (NYSE:F) received a huge order of 800 New 2015 Transit Vans from Charter Communications, Inc. (NASDAQ:CHTR) to expand its existing fleet. Charter Communications, Inc. (NASDAQ:CHTR) chose these vans because of their high fuel economy and cargo space.
According to Kevin Koswick, Director for Ford North American Fleet,
“Charter Communications’ choice of the low-roof-model Ford Transit allows its installers the ability to maneuver in tight parking spaces and garages, while offering almost 56 inches of cargo height with rear cargo doors that open up to 180 degrees for easy loading and unloading.”
Ford Motor Company (NYSE:F)’s Transit is the best-selling commercial van in UK for the last 49 years and it is sold in nearly 188 different markets across six continents.
Charter Communications, Inc. (NASDAQ:CHTR) is among the first large fleets to choose the all-new 2015 Transit Van for its operations. As said by Corporate Service SVP at Charter, Kathy Carrington,
“Charter is excited to be adding the Ford 2015 Transit Van to our fleet. The handling, safety features, cargo space and fuel efficiency were all contributing factors to our choice and our technicians will be well equipped to serve our customers with these trucks.”
This is exciting news for Ford Motor Company (NYSE:F), especially after its Chinese venture, Changan Ford Automobile Co Ltd, is to recall Classic Focus and New Focus Sedans because of the interference of the General Administration of Quality Supervision, Inspection, and Quarantine of China. Ford Focus was a huge success with 403,600 car sales in 2013 and it was the most successful compact sedan during the first seven months of 2014. The recall is due because of a fuel leakage problem in these models.
This article has been written by Prakash Pandey.
“Ford Motor Company (F) Lays Roadmap for Hybrid Series”
“Two Good Stocks to Own: Ford Motor Company (F) and Energy XXI (Bermuda) Limited (EXXI)”
