Ford Motor Company (NYSE:F) has released details about a new commercial van with car-like luxury.

Ford Motor Company To Release New Transit

The US based auto maker giant Ford Motor Company (NYSE:F) is planning to introduce its next-generation Transit family of full-size commercial vans at the Geneva Motor Show next month.

Mike Levine, a Ford Motor Company (NYSE:F) spokesman said, “We’re making a significant investment in the transit family to continue our leadership in vans globally. The light-duty Tourneo will have car-like features, seating for eight, luxury interior design and SYNC voice-activated, in-car connectivity system. Commercial vehicles will follow.”

Ford Motor Company (NYSE:F) shares were at 12.53 at the end of the last day’s trading. There’s been a 26.2% change in the stock price over the past 3 months.

Ford Motor Company (NYSE:F) Analyst Advice
Consensus Opinion: Moderate Buy
Mean recommendation: 1.64
(1=Strong Buy, 5=Strong Sell)
3 Months Ago: 1.79
Zack’s Rank: 2 out of 6 in the industry