Jump to content



Ford explains why it is killing off sedans in North America

By Faiming_low on 02 May 2018

Attached Image Recently, Ford has announced that it plans to kill off most of its sedans and small cars to focus more on trucks, crossovers and SUVs before the end of May 2019 in the North America.

More details about its bold move has surfaced thanks to an interview by Automotive News. Jim Hackett, Ford's CEO was quoted saying that the company will only "'feed the healthy part of our business and deal decisively with the parts that destroy value. Those 'healthy parts' include pickup trucks, crossovers, and SUVs."

The destroyers, according to the company, include cars, 'most Lincoln products' and other aspects of Ford’s overseas business. By cutting away these cars, Ford expects to save more than S$33 billion by 2022.

While it is unknown how much Ford is it’s losing on selling small cars in North America, analysts reckon the figure could be around S$1 billion a year but on the other hand, the brand made S$4 billion in the first quarter thanks to the 'high performing' segments of its business.

Jim Farley, Ford's head for global markets then added on that the company can win customers over with more emotionally-charged products. "We think we can tempt some of those customers with an image upgrade", pointing to its Mustang line up.

Viewed: 1,450 times

Written by Faiming_low
Since young, Fai Ming has always centered his life around cars. In fact his first word was 'car' and not 'mum' or 'dad'. Aren't kids cute?

  • 1
Lurpsexx May 05 2018 10:34 AM
Then what about parts for the existing Ford cars, mpvs etc? How long will the support last? Ford resale prices will take a hit again?
  • 1
Car Makes

Please select a car make

Facebook Likes
   Featured Blog Post
The MCF Hangout with Jetabout Holidays, held at CoSpace at Science Park, offered attendees a tast...
MyCarForum and sgCarMart recently went on a trip with Prime Follow Me Japan to East Kyushu, Japan...
More news on Toyota's new baby: It appears Toyota U.K. has overbooked the amount of special e...
Yes, the Honda Civic Type R is already one of the most extreme-looking cars on sale today. And ye...
Toyota has announced a new limited edition Toyota 86. Dubbed the ‘British Green Limited’, it is...
Ahead of his 50th birthday on January 3, the family of Michael Schumacher has released a rare sta...
   Lifestyle Articles