"Ford said it won’t invest in new generations of sedans for the North American market, eventually reducing its car lineup to the Mustang and an all-new Focus Active crossover coming next year. By 2020, almost 90 percent of its portfolio in the region will be pickups, SUVs and commercial vehicles. That means the end of the road for slow-selling sedans such as the Taurus, Fusion and Fiesta in the U.S. " Good Lord! So Ford is basically just going to stop making cars? How does THAT make any sense? The fusion is about every 3rd car I see on the road - how do you NOT make money on that model? Seems like Ford, like GE, is run by a bunch of inept clowns. Maybe they should start there with the budget cuts.https://www.bloomberg.com/news/arti...1-5-billion-more-cuts-pulls-ahead-margin-goal
Ford Motor Co. is sharpening its knives to cleave another $11.5 billion from spending plans and cut several sedans, including the Fusion and Taurus, from its lineup to more quickly reach an elusive profit target.