Ford's CEO eyes domination in this iconic market
Ford Motor's figurehead said he wants the "blue oval" to 'be like Porsche' with these cars
In an earnings name with analysts in 2018, Dearborn-based automaker Ford (F) made a drastic resolution that would dramatically alternate the route of its history. On the time, CEO Jim Farley became as soon as no longer on the helm, nonetheless he would co-signal a mosey that trickled into his tenure as the company's high executive.
Farley agreed that Ford would conclude making passenger vehicles for the United States market, besides for the Mustang, to earn smartly from declining earnings tied to autos experiencing lower question.
This mosey saw Ford become from a company promoting a various replacement of compact hatchbacks, sedans, crossovers, SUVs, and pickup trucks to one which handiest sells pickup trucks, SUVs, crossovers, and the Mustang.
What's Your Reaction?
