Ford Motor Company (F): Transit Connect Taxi To Sell In Hong Kong Early Next Year
Ford Motor Company (NYSE:F) has announced that the Transit Connect Taxi will be sold in Hong Kong in early 2014. The Transit Connect Taxi in Hong Kong will be sold with Ford’s liquefied petroleum gas fuel system so that it can take advantage of the established LPG infrastructure in Hong Kong. The LPG system is also available as an option in the U.S.
“Since 2010, Transit Connect models sold have had the option to be upfitted with a fuel system that can run on compressed natural gas or liquefied petroleum gas” stated Ford truck communications manager Mike Levine.
The 2014 Transit Connect Taxi model can be set up with a factory-installed engine prep package that lets the vehicle meet demands of CNG/LPG fuel for $300 in the U.S. The Transit Connect Taxi will have a 2.5-liter four-cylinder engine with a six-speed automatic transmission. It has a decreased height so that taxi companies have more clearance to put ads on the roof. The floor was lowered to improve access. To make the Transit Connect Taxi wheel chair accessible, drivers can register through the Qualified Vehicle Modifier program. The new Transit Connect Taxi is longer than its predecessor, which allows for eats for five and increased cargo space.
Ford Motor Company (NYSE:F) owns almost 60% of the taxi market. In 2012, 55% of Transit Connect sales were to fleets.
Ford also has plans to launch the Connect Wagon to the U.S. from Europe by early 2015. The Connect Wagon supports seven passengers and is expected to get more than 30MPG on the highway, which is 5MPG more than the Toyota Siena.