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Ford and Amazon Drive Into the Cloud

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Get ready for an app invasion in your car -- lots and lots of apps. They can make your driving fun, entertaining, and more useful, and they can save you money. And despite what your first thought probably is, they can also be used safely.

Ford (NYSE: F  ) has opened up its in-dash entertainment and communications system, SYNC, to all app developers -- and this open developer program won the company an Editor's Choice award from Popular Mechanics at the recent International Consumer Electronics Show in Las Vegas.

Motley Fool analyst Rex Moore spoke with Ford Chief Technologist John Ellis at the event. In this installment of a multipart series, Ellis explains his company's partnership with (NASDAQ: AMZN  ) .

Ford has been performing incredibly well as a company over the past few years -- it's making good vehicles, is consistently profitable, recently reinstated its dividend, and has done a remarkable job paying down its debt. But Ford's stock seems stuck in neutral. Does this create an incredible buying opportunity, or are there hidden risks with the stock that investors need to know about? To answer that, one of our top equity analysts has compiled a premium research report with in-depth analysis on whether Ford is a buy right now, and why. Simply click here to get instant access to this premium report.

Read/Post Comments (2) | Recommend This Article (2)

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  • Report this Comment On February 24, 2013, at 10:32 AM, Secs27 wrote:

    I would not buy a car based upon the "apps" available, much less apps from amazon. Amazon offers nothing but subpar, low end user experience with their offerings. Their online pricing is no longer competitive and there are many,many vendors that offer far better pricing. Check out thefind dot com and you'll see just how expensive amazon is. Additionally, most vendors offer free shipping and no sales tax so prime is another rip off.

    If you want to overpay then blindly hop amazon. With respect to the car, apple has had iPod connections in vehicle for years and they still do. Soon, Siri will be there. Amazon is a glorified copy cat retailer selling other people's products at non competitive pricing. I have saved thousands over the years by not shopping amazon. Even eBay now has vendors that offer far better pricing and terms than amazon. There s t least 200 points on the downside when Wall Street tires of manipulating amazon.

  • Report this Comment On February 25, 2013, at 5:09 AM, TVMASTER wrote:

    Amazon is a great company to invest in!! Secs27 wrote that Amazon's prices are high, NO WAY! Yes other companies have Free Shipping, well so does Amazon, anything over 25.00 and you get Super Saver Shipping. I'd much rather pay for Amazon Prime because its only 79.00 a year and its great you get 2-day FREE Shipping which normally costs 13.98 a shipment, watch videos and TV shows for free, get 1 book a month to borrow from the Kindle Owners Lending library. Plus alot of people do not realize that you can share your 2-day shipping with 4 other family members or Co-workers!! They also get 2-day free shipping.

    I personally love my Kindle Fire and absolutely would not shop EVER on EBay. I've known way too many people that have lost a lot of money shopping from there. Amazon backs up their customers, if anything ever happens with your shipment they take care of it for you! Just like customer service should be!!! I would never shop anywhere else.

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