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2015 Ford Edge Sport [w/video]

The Edge is easy to overlook, especially in Ford's prolific stable of sport utility vehicles. But thanks to new engines, upscale sheet metal and fresh technologies, the Edge has renewed swagger for 2015. Outfitted in the Sport trim, which included the feisty 315-horsepower EcoBoost V6, a stiffer suspension, and unique fascias, my Edge was loaded, and it was priced accordingly. With options, including all-wheel drive, it cost $46,180, which is pretty lofty for a Ford Edge. But, you get a lot of stuff here – features like leather-accented seats, a lane-departure warning system, and active park assist – that make your life more comfortable and safer. It's been a while since I've driven an Edge. And unless you own one, it's probably been a while since you've even thought about an Edge. Now there's good reason to take another look. Driving Notes I really liked the interior. It was simple, clean, and done up in black. It served as a fitting backdrop for the colorful gauges and the Sync with MyFord Touch infotainment system. The interior designers added silver plastic trim and contrasting white stitching on the center console and door inserts to break up the darkness. Leather was used for the steering wheel wrap, door inserts, and console cover, and it conveyed a premium feel. The leather-trimmed seats with suede inserts were comfortable. They looked elegant and felt pleasing. The heating and cooling features were useful for springtime driving and its varied temperatures. The vista sunroof was spectacular. It let in plenty of sunlight and opened long and wide like a retractable stadium roof. Even closed, it still offered a panoramic view of the sky for my passengers, especially those in the second row. Another note on the interior: I had an excellent driving position and an elevated view of the road. When rain began to fall – which has a way of frazzling motorists – I turned up Cat Stevens and motored along blithely. My second-row passengers were also comfy. One remarked on the ample leg- and headroom, and everyone liked the ambient lighting. The cargo area, which offered 39.2 cubic feet of space behind the second row (7 cubic feet more than the previous version), was more than capable for a weekend grocery run. I'll admit, I'm a Luddite when it comes to infotainment systems, and Sync with MyFord Touch has a mixed reputation. Historically, it's been confusing and hasn't always worked as advertised.

Ford says utility vehicles are key to global growth

While most of us believe that small, fuel efficient cars are the key to global expansion for US automakers, Jim Farley, Ford's vice president of Global Marketing, thinks otherwise. Last week, we attended an exclusive sneak preview of the Ford Edge Concept in advance of the Los Angeles Auto Show, and Farley told us that it's actually utility vehicles that will help the Blue Oval gain market share overseas. "There is no other segment in our industry that is growing like utilities," he said. "We expect over the next five years this full family of [utility] vehicles to really drive our growth as a company."
And Farley has the numbers to back it up, too. Ford projects overall automotive sales to grow 23 percent from 2012 to 2017, but the company's utility vehicles are expected to boom by an impressive 41 percent during that same period. Much of that growth will be in China, where Ford estimates its utility sales will explode. "The biggest opportunity for us globally for utilities is in China," Farley said. "China utility growth is expected to more than double from where it is today to 2017, which isn't that far away." Most astounding is that Ford projects its own utility sales in China will eventually increase by more than 2,000 percent when smaller crossovers, such as the EcoSport and Kuga (sold as the Escape in North America), and the Edge and Explorer, are factored in.
Ford's VP also expects utilities to lead the way in the struggling European market. "With all the difficulties of the European market, there is one segment that has actually expanded in volume over the last several years even though the market is way down, and that's utilities," Farley told us. Ford estimates that their utility sales will grow 65 percent in Europe from 2012-2017. "The utility segment is projected to grow we think about thirty percent between now and 2017 in Europe, and we think we are going to grow twice that rate as a brand," Farley continued.

Ford surges with record 2Q profit

We already knew that the second quarter of 2015 has been good to General Motors. For Ford, though, it's been even better. The Blue Oval saw a net income of $1.9 billion, $800 million more than its larger cross-town rival. Pre-tax profits were even more impressive, at $2.9B. Those figures aren't only more impressive than what GM could conjure up, they improved handily over the same period in 2014. Net profits were up by $574 million, or a staggering 44 percent, while pre-tax profits saw a 10-percent bump over 2014. Ford Credit also had a strong quarter, raking in just over half a billion dollars before taxes. So yeah, Ford calling Q2 "outstanding" in its press release is no exaggeration. The vast majority of Ford's positive Q2 can be attributed to the North American market, which made up $2.6 billion of the company's pre-tax profits. South America, the Middle East, and Europe were all down, although Asia delivered some relief, making $192 million before taxes. Scroll down for the official press brief from Ford. JUL 28, 2015 | DEARBORN, MICH. FORD REPORTS STRONG SECOND QUARTER RESULTS; PRE-TAX PROFIT $2.9 BILLION; NET INCOME $1.9 BILLION DEARBORN, Mich., July 28, 2015 – Ford Motor Company [NYSE: Ford] today reported its 2015 second quarter financial results. View the press release here and visit shareholder.ford.com to view the slide presentation and access the webcast to Ford's second quarter earnings call, which begins at 9 a.m. EDT with Mark Fields, president and chief executive officer, and Bob Shanks, executive vice president and chief financial officer. Highlights Include: Outstanding second quarter; company on track for a breakthrough year Pre-tax profit of $2.9B, up $269M or 10 percent from a year ago excluding last year's special item charges Net income of $1.9B, up $574M or 44 percent from a year ago After-tax earnings per share of 47 cents, up 7 cents from a year ago excluding last year's special item charges Best Automotive quarterly profit since 2000 Wholesale volume up 2 percent, driven by North America and Europe Automotive revenue about equal, with higher net pricing and volume offset by unfavorable translation effects of the strong U.S.