Ford defends plan to shareholders: ‘We’re simply reinventing the American car’


By Greg Rasa

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Ford’s top executives took heat from shareholders over their plan to do away with sedans as we know them in Ford’s North American lineup, as the company held its annual meeting Thursday. Critics said the plan to shelve the Fiesta, Focus and Taurus, reduce the Focus to one crossover model, and concentrate on high-margin trucks and SUVs was a shortsighted abandonment of entire market segments of affordable vehicles.

Continue reading Ford defends plan to shareholders: ‘We’re simply reinventing the American car’

Ford defends plan to shareholders: ‘We’re simply reinventing the American car’ originally appeared on Autoblog on Thu, 10 May 2018 19:35:00 EDT. Please see our terms for use of feeds.

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