Today, a lot of so called arbitrage, much of it done by hedge funds, involves assets that have some similarities but are not identical. This is not pure arbitrage and can be far from risk free. Arbitrage pricing theory This is one of two influential economic theories of how assets are priced in the financial markets.
Ford of Europe introduced the Focus in 1998 to the European market as a replacement for the Ford Escort. The decision to name the new car the Ford Focus was made in early 1998, as Ford's overheads had been planning to keep the Escort nameplate for its new generation of small family cars.
Earlier Ford Focus Models. The first-generation Ford Focus was introduced for the 2000 model year. Upon its release, the Focus was offered in three body styles: a three-door hatchback, a four-door sedan and a five-door wagon. For 2002, a five-door hatchback was added.