Ford will offer the technology to other companies and industries, including competitor auto makers should they choose to license it. The automaker said the system "enhances protection" for passengers, with children and the elderly benefitting most. In a press release Ford said that wider adoption of the technology could lead to safer travel and could mitigate injuries in other forms of transportation including military vehicles, aircraft, and boats.
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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. This is driven by some important positives, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, increase in stock price during the past year and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income."
Highlights from the analysis by TheStreet Ratings Team goes as follows: