Ford Down Scales Its Car Business In The US

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.

Related Posts

Nepal Seeks To Attract East Indian Outbound Travel Operators

Nepal Seeks To Attract East Indian Outbound Travel Operators

India is a rapidly rising star on the world stage. The world’s most populous democracy is an important nation whose geopolitical stature is only likely to grow…

Elon Musk: Apple Is The Tesla Graveyard

Elon Musk: Apple Is The Tesla Graveyard

Recently, it has been noticed that Apple is giving better opportunity and better pay scale to the employees of Tesla; this trend has been there for quite…

Restorers Found The Prototype Of Ford Shelby GT500 After Half Century

Though, it is not imaginable that how can one lose a complete car, but in reality it happened even to the valuable and rare car prototype such…

Tesla Actively Searching For A Number 2 Executive As Musk’s Behavior Is Angering ThemTesla Actively Searching For A Number 2 Executive As Musk’s Behavior Is Angering Them

Tesla Actively Searching For A Number 2 Executive As Musk’s Behavior Is Angering Them

It seems that everything is not so well over at Tesla, where the board members are searching for a COO or an executive to directly work under…

JioPhone Dominates The Indian Mobile Market

JioPhone Dominates The Indian Mobile Market

JioPhone by Reliance Retail surfaced as an apparent leader in the mobile handset market of India with 27% share in the quarter two of this year, a…

Health Officials Recall Walgreens’, Kroger, and Trader Joe’s Salads & Wraps

Health Officials Recall Walgreens’, Kroger, and Trader Joe’s Salads & Wraps

Federal health officials warned consumers of pork, beef, and poultry salad & wrap products. Officials asked them not to buy salads and wrap products from the major…