Boston, MA 05/20/2013 (wallstreetpr) – The shares of Ford Motor Company (NYSE:F) closed at $15.08 for the last trading session, $0.44 per share or 3.01 percent gain over the previous day. The world’s most popular producer of cars and trucks had now earned the highest possible five star Overall Vehicle Score from the National Highway Traffic Safety Administration (NHTSA).
Five star rating of NHTSA
This five star rating awarded to vehicles of Ford Motor Company (NYSE:F) is the highest rating that could be secured by any vehicle from the government of United States. This rating involves numerous testing procedures including testing the vehicle performance at frontal and side impact crash tests and resistance to rollover.
The vehicles of Ford Motor Company (NYSE:F) had passed over all these cumbersome testing procedures to receive this five star rating from the NHTSA. This rating had been awarded to Ford Motor Company (NYSE:F)’s plug in vehicle Fusion Energi, which now joins the Ford Fusion and Ford Fusion Hybrid which had already received the five star ratings from US government.
The increase in market share of electrified vehicles had made National Highway Traffic Safety Administration to choose plug in vehicles of Ford for testing under its New Car Assessment Program. The Global Director of Ford Automotive Safety Office had assured that the new Fusion Energi of Ford Motor Company (NYSE:F) combines the five star ratings and high level of fuel economy in its vehicle. The Fusion Energy plug in hybrid vehicle had also received the EPA fuel economy rating of 108 MPGe, to add on to its values.