Mustang, Focus crossover will be only Ford cars on the market in North America by 2020.
Ford Motor Co. (F) said Wednesday it will shed most of its North American car lineup as part of broad plan to save money and make the company more competitive in a fast-changing marketplace. The changes include getting rid of all cars in the region during the next four years except for the Mustang sports car and a compact Focus crossover vehicle, CEO Jim Hackett said as the company released first-quarter earnings.
The decision, which Hackett said was due to declining demand and profitability, means Ford will no longer sell the Fusion midsize car, Taurus large car, CMax hybrid compact and Fiesta subcompact in the U.S., Canada and Mexico.
They'll still sell lots, tons, fleets of pickups and SUVs, though.
Well, gasoline in Europe runs from $4 to $7.80 right now. How high would gasoline prices there and in the US go if the Straits of Hormuz were closed due to warfare and the sinking of a US carrier battle group right in that narrow passage?
Then how many PU trucks would Ford sell? With gas at $15/gallon? Of course they would be building a lot of tanks…….. !