Road Show -Ford is pretty serious about trimming its US lineup in the coming years, and that's bad news for anything that isn't a truck or SUV. In fact, it looks as though the Mustang and an upcoming Focus Active crossover are the only cars that will survive the cuts. No Fiesta. No Fusion. No (regular) Focus. Bummer.
This news comes as part of Ford's "fitness" plan, outlined by CEO Jim Hackett last year, in which he said the Blue Oval would cut its operating costs by $14 billion by 2022. Dropping all but two car models will supposedly net another $11.5 billion in savings according to Ford's Chief Financial Officer, Bob Shanks.
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