The first product of the merged Ford of Europe, the Transit was marketed through Western Europe and Australia; by the end of the twentieth century, it was marketed nearly globally with the exception of North America until 2013 when it replaced the Ford E-Series in 2015. The Transit has been the best-selling light commercial vehicle in Europe for forty years, and in some countries the term "Transit" has passed into common usage as a generic trademark applying to any light commercial van in the Transit's size bracket. While initially designed for the European market, the Ford Transit is now produced in Asia, North America, and Europe for worldwide buyers. Upon production in North America, the Transit won second place in Motor Trend's 2015 'Truck of the Year' award, behind the newly introduced mid-size Chevrolet Colorado pickup and ahead of the new Ford F-150.