Ford is one of the most renowned names in the genre of automotive, which is about to take a turn in its business. It has now decided to consider the trend of the people in the U.S and deplete the production of passenger cars.
Ford will now be manufacturing only two models of passenger cars, as the sales have dropped immensely. The drop was caused due to the enhancing knack towards crossovers, SUVs, and trucks.
The U.S market will be witnessing the flagship Mustang and Focus Active crossover, which is a hatchback with a rugged look.
As per the CFO of GM, the company has been operating on the same path as the Ford. As per an analyst from Morgan Stanley, the existence of Fiesta, Focus, Fusion, and Taurus won’t be there.
Though the American market is revamping the lineup, the sedans will still make a place in the sale. Currently, Chevrolet sells about 12 models of vehicle but will soon be depleting the production for some of the models.
However, amongst the change in the scenario, Stevens from GM stated that the importance of passenger cars are appreciated worldwide and the same will also fetch a huge profit in the long run.
It is also expected that the sales of crossover from GM will be witnessing a rise in spite of the cost associated with the launching of the new trucks. It is also expected that 73% of the total sales of the vehicles will be from the utility vehicle, while the rest of the cars will be from the category of passenger vehicles.
Detroit is expected to sell more SUVs and pickups like Lincoln Navigator and Cadillac Escalade, which are enjoying the brisk sale.
However, the number of off-roaders from Ford will see a hike which will include yet to-be-launched Ford Bronco and Raptor, along with an SUV that is yet to be named.