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TheStreet Open House

With Self-Parking Technology And Obstacle Avoidance Capability, Ford Edge Concept Is Tomorrow's Utility Today

Stocks in this article: F

LOS ANGELES, Nov. 20, 2013 /PRNewswire/ --

  • Ford Edge Concept revealed today at Los Angeles Auto Show offers strong hints at the technology, dynamic design and premium craftsmanship that will define the company's next global utility vehicles
  • Advanced, automated driving technologies include self-parking and obstacle avoidance systems currently under development by Ford; these technologies preview a future of semi- and fully autonomous driving options, delivering tomorrow's technology today
  • Sleek exterior design communicates athleticism, confidence and capability; interior finished with premium materials and craftsmanship surpassing segment expectations
  • Ford utility vehicles will be America's best-selling utility brand for three straight years in 2013, outpacing the nearest competitor by 32 percent through October of this year

Ford, the company that defined the crossover utility vehicle segment, today introduced new automated driving technologies in the Ford Edge Concept. The technologies include a push-button and remote-operated parking feature customers could use from either inside or outside the vehicle.

"The original Ford Edge offered customers in North America a fresh, compelling choice for an accommodating, efficient and safe medium utility vehicle," said Joe Hinrichs, executive vice president and president of The Americas, Ford Motor Company. "The next-generation Edge – previewed in the Ford Edge Concept – will build on these cornerstones to create a global vehicle with technology to make life easier, and design and craftsmanship to appeal to customers around the globe."

Key attributes of the Ford Edge Concept – a sleek, sporty appearance; capability; fuel efficiency; and technology that assists the driver – are in line with what customers value around the world, which is driving global growth in the utility vehicle segment.

Data provided by IHS Automotive indicate global utility vehicle sales grew 45 percent between 2007 and 2012. The utility segment now accounts for more than 13 million sales annually – 17 percent of the global automotive market.

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