Ford Motor Company (NYSE:F) Plans Music Service in 1 Million Autos; Choses Rhapsody International - GM, TTM, HMC

Pompano Beach, FL -- (SBWIRE) -- 01/07/2013 -- Ford Motor Company (NYSE:F) will present Rhapsody International Inc.’s Internet music service in over 1 million Ford and Lincoln automobiles, the online firm’s first relationship with an auto-manufacturer.

How Should Investors Trade Ford Motor Now? Don’t Miss out a Special Trend Analysis

Ford and Rhapsody intend to present the service at 4 pm today at the Consumer Electronics Show in Las Vegas, in relation to an e-mailed announcement. Listeners with Ford’s Sync-supported cars and trucks can make use of voice commands and keys on the steering wheel to manage functions on their smartphones.

With US clients listening to music most frequently behind the wheel, cars are a logical battlefield for Web music services, counting Pandora Media Inc (NYSE:P) Seattle-headquartered Rhapsody stated 40% of subscribers use the service when driving. Voice commands and steering wheel keys offer a harmless way to run the service on Bluetooth-connected smartphones.

So far today, Ford Motor Company (NYSE:F) shares decreased -1.33% to $13.39 while the stock is changing hands within a range of $13.38 – $13.58. In the past year, the stock has traded between $8.82 and $13.69. Its average daily trading volume is 56.43 million shares.

Will Ford Motor Get Buyers Even After The Recent Rally? Find Out Here

Looking at other stocks within industry, General Motors Company, Tata Motors Limited and Honda Motor Co Ltd were in the decliners list. Let’s have a quick look on their Market performance.

General Motors Company (NYSE:GM) shares are down -1.67% to $29.36 while the stock is trading within the range of $29.30 – $29.86 in the current trading session. In the last 12 months, shares have floated between $18.72 and $30.23. This stock, on average, has trading volume of 10.46 million shares.

Has GM Found The Bottom And Ready To Gain Momentum? Find Out Here

In this session so far, Tata Motors Limited (ADR) (NYSE:TTM) shares moved down -0.55% reaching $28.68. The stock is trading in a range of $28.50 – $28.76. In the last year the stock has moved within a range of $18.76 – $30.63. The Company’s average daily trading volume is 1.25 million shares.

Why Should Investors Buy TTM After the Recent Fall? Just Go Here and Find Out

Another rival company, Honda Motor Co Ltd (ADR) (NYSE:HMC), is trending -1.99% lower to $37.00. The stock price is hovering in range of $36.65 to $37.10. In the previous 52 weeks, shares price ranged between $28.50 and $39.35. Their average daily trading volume is 564,011.00 shares.

Will HMC Get Buyers Even After The Recent Rally? Find Out Here

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