NEW YORK (TheStreet) -- Ford Motor (F) shares are up 1.45% to $14.20 on Tuesday as the American motor company began production of its new aluminum sided 2015 F-150 truck today at its Dearborn, MI plant.
The trucks are sided with aluminum instead of steel in an effort to reduce the vehicle's weight and in turn improve the fuel efficiency of the company's best selling vehicle.
See what Ford CEO Mark Fields told TheStreet's Ruben Ramirez about the 2015 F-150:
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The company's move to aluminum for its highest selling product is risky but not unprecedented. Other vehicles on the market use aluminum, but none use the lightweight metal to cover the entire body of such a widely popular vehicle.
The company made 647,697 F-150's last year and expects to deliver the new aluminum sided models to dealerships by next month.
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 multiple strengths, 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 attractive valuation levels, good cash flow from operations and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income."