LONDON: Shares of Ford Motor Company (NYSE:F) lost -0.97% to $13.22. The share price is trading in a range of $13.17 – $13.52. The stock exchanged hands with 27.48 Million shares contrast to its average daily volume of 32.52 Million shares.
After more than 10,800 people showed interest online in buying a new Ford GT, Ford received 6,506 fully accomplished applications from people around the world in the one-month window to apply to purchase the new EcoBoost-powered, carbon-fiber supercar during its first application window.
The number of applicants spiked in the last six days during which 32 percent of the total fully accomplished applications were accomplished before the window closed.
Ford is now reviewing applications from those 6,506 potential supercar buyers and will start notifying potential owners in the next 90 days. Hundreds of registrants presented videos with their applications during the month-long application window, hoping to bolster their chances of purchasing one of the first 500 new Ford GTs.
Creative applicants featured children, lighting effects, racing footage, revving engines, garage tours and life stories to show why they should own the all-new Ford GT.
The all-new production supercar is predictable to start arriving in customers’ garages by the end of 2016.
Ford Motor Company (NYSE:F)’s values for SMA20, SMA50 and SMA200 are -1.56%, 0.17% and 0.35%, respectively.
Shares of Fiat Chrysler Automobiles NV (NYSE:FCAU) inclined 0.39% to $7.65.
Matt Hagan claimed victory on Sunday at the 36th annual National Hot Rod Association (NHRA) Southern Nationals, scoring his first win of the season and 19th of his career in his Mopar Express Lane Dodge Charger R/T Funny Car. Hagan defeated teammate and fellow Dodge Charger R/T driver Jack Beckman in the all-Mopar NHRA Funny Car final round to claim his first win in 19 races.
It was a dominant weekend for the Mopar-powered Don Schumacher Racing (DSR) Dodge Charger R/T Funny Car squad, with Hagan, Beckman and Tommy Johnson Jr. combining to put three Mopar Dodge machines in the semifinals at Atlanta Dragway. Beckman claimed the pole on Saturday and all four DSR Dodge drivers qualified in the top half of the field. Hagan also reset both ends of the track record on Sunday after Beckman accomplished the feat during Friday qualifying.
The No. 2 qualifier, Hagan began eliminations by blasting to a track-record run of 3.906 seconds at 329.02 mph in a defeat of Chad Head. Hagan was also quickest of the round in the quarterfinals, posting a 3.926/327.19 in a win over Del Worsham. In the semifinals Hagan used a 3.939/325.06 (once again quickest of the session) to beat points leader Courtney Force to the stripe and set up a HEMI vs. HEMI duel with Beckman.
The No. 1 qualifier, Beckman took out Jim Campbell and then DSR Dodge teammates Ron Capps and Tommy Johnson Jr. on his road to the money round. Beckman paid a visit to the sand trap after besting Campbell, but his Infinite Hero team was able to fix his Dodge and defeat Capps (who sent home John Force in round one) with a 3.989/323.81 to his stablemate’s 3.992/320.81. The 2012 Funny Car champ outraced Johnson’s Make-A-Wish Dodge to the finish in the semis with a winning 3.967/323.58 to TJ’s 3.992/317.79.
The stock’s price moved down its 200-day moving average of $8.04. The stock is presently trading down its SMA-50 of $7.77.
The share price of Fiat Chrysler Automobiles NV (NYSE:FCAU) plunged -50.49% for the year. Year to Date, the current share price of the stock is below -45.32%.
