Fleet News

New Mondeo will 'redefine upper medium sector'

FORD is set to redefine the upper medium fleet car sector with the launch in early November of the new Mondeo. Just as the Ford Focus set the conservative lower medium sector on fire two years ago with its radical styling, so the all-new Mondeo is expected to appeal to both job need and user-chooser company car drivers with its upmarket image and market-leading interior space.

'The design brings an executive-look to the upper medium sector,' said Ford fleet operations director Mike Wear. 'New Mondeo complements the remainder of the Ford family of models including Volvo and Jaguar.'

If top priority is ensuring the new Mondeo is a car of substance amid a battlefield of new upper medium sector models, then equally important are wholelife costs - and fleet industry cost data providers have met with Ford bosses already.

'Over the years we have been pleased with the way Mondeo has performed, but we are looking for significant movement with this car,' he said. Improved fuel efficiency, longer service intervals and reduced repair bills are all part of the equation but the biggest issue is depreciation,' said Wear. 'The key to wholelife cost success is to get the balance as far as residual values are concerned right.'

Using a combination of Ford Direct - the manufacturer's remarketing arm which sells vehicles up to four years old to its franchised dealers - and traditional auctions, Wear pledged: 'One of the keys to managing the success of new Mondeo will be the absolute consciousness that residuals are key.'

  • Read our first impressions of new Mondeo in the Roadtests section.

Leave a comment for your chance to win £20 of John Lewis vouchers.

Every issue of Fleet News the editor picks his favourite comment from the past two weeks – get involved for your chance to appear in print and win!

Login to comment

Comments

No comments have been made yet.

Compare costs of your company cars

Looking to acquire new vehicles? Check how much they'll cost to run with our Car Running Cost calculator.

What is your BIK car tax liability?

The Fleet News car tax calculator lets you work out tax costs for both employer and employee