The move by Ford is obviously dictated by market trends, which are undergoing a sea change away from four-door sedans and towards utility models.
Ford has hinted it might decide to retire much of its sedan portfolio.
One of North America's largest vehicle makers is shrinking its product line to save money and stay competitive in the auto market, company officials said. Ford cutting cars by 2022.
SUVs and pickup trucks continue to gain popularity among U.S. drivers, and Ford is following the trends. The new US -market version of the Focus will be made in China.
"I don't think you're going to see Ford make any sort of major announcement in the facilities where they're making the Fiesta and Fusion until after NAFTA's done". In the first two months of this year, trucks and SUVs accounted for 78.6% of the company's total USA sales volume.
However, the company's pre-tax profits were $2.2 billion, a 14% drop compared with last year's result, which was attributed to commodity price increases and unfavorable exchange rates. The company estimates that almost 90 percent of its portfolio will be trucks, utilities and commercial vehicles in the North American market. Listening to our customers and incorporating their feedback has always been a part of Ford's DNA, and we plan to continue to work that way. In addition to putting hybrid-electric power trains into high-volume sellers in its SUV and truck line, the company will roll out a "performance utility" vehicle powered by an electric battery in 2020.
Passage's new procedure additionally incorporates focusing on new impetus decisions, for example, adding half and half electric powertrains to gainful vehicles, for example, the F-150, Mustang, Explorer, Escape, and Bronco.
The company is also reviving two of its historic vehicles: the Ranger pickup, which will return in 2019, and the Bronco SUV, which will return to the US market in 2020. The company also is reviewing its strategic plans for South America. Of course we know that trucks are popular in America, but this move demonstrates manufacturer belief that the current desire for SUVs shows no signs of abating either.