Tomorrow, Ford will officially release its second-quarter earnings to the public.
But for now, speculation is building as to what Ford will do to stay afloat in a market desperate for smaller, more fuel-efficient vehicles.
Yesterday, we blogged about the possibility of Ford producing European cars in the United States. Even more recently, the Associated press reports that Ford will bring six small vehicles to the American market from overseas. Their source seems reliable, an insider from Ford who has been briefed on the company's plans.
This is an exciting, yet mind-blowing change for Ford, who is known as a heavily truck-dependent auto maker. However, as sales of these traditional Ford vehicles dropped as quickly as gas prices sky-rocketed, it's a smart move for Ford to put their attention on small passenger vehicles.
Check out this interesting commentary we found from MinnPost.com.
Wednesday, July 23, 2008
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