Ford Plans to Cut $25 Billion from its Budget by 2022 | Fortune
This seems pretty radical. Sounds like Ford is becoming a truck and SUV company that happens to sell a couple of cars.
This seems pretty radical. Sounds like Ford is becoming a truck and SUV company that happens to sell a couple of cars.
In a statement, 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 the all-new Focus Active crossover coming out next year. By 2020, almost 90 percent of its portfolio in the region will be pickups, SUVs and commercial vehicles, the company said.