Ford cancels all sedans and hatchbacks for U.S. market

Ford NASCAR Burnout

A prototype version of the Aviator is shown here in a photo from the company website.

General Motors and Ford Motor Co. plan to discontinue four slow-selling vehicle models, including the venerable Ford Taurus sedan, the Wall Street Journal reported, citing people familiar with the.

Notably, this doesn't mean we won't get Ford's promised hybrid-electric trims for some of its most popular models. Ford estimates that by 2020, SUVs can be up to half of the total retail market in the United States, and that's why he puts $7 billion in investment capital from your business tradicionnyh cars in the SUV segment.

Felker said there are about 4,000 employees at the Chicago assembly plant.

Analysts have predicted that the decision to stop the sedan sales was based on the investor pressure to augment Ford's product lineup and enhance its profits.

By 2020, almost 90 percent of Ford's product lineup in North America will be trucks, SUVs and commercial vehicles.

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Ford is phasing out the Fiesta, Fusion, Taurus and C-Max. Hackett says the multi-year transition will leave the iconic Mustang and a redesigned Focus crossover as Ford's remaining cars.

"We are committed to taking the appropriate actions to drive profitable growth and maximize the returns of our business over the long term", said Jim Hackett, president and CEO, in a statement.

However, the company had not made this official until recently when it announced that it would be doing away with the traditional hatchbacks and sedans for the North American market.

In addition, Ford expects to improve its capital efficiency. The company will spend less on low-performing areas such as cars.

The Torrence Avenue facility has been producing the Taurus sedan since the car's inception. The company will continue to sell trucks and SUVs, which will now make up 86 percent of its automobile sales by volume.

Previously, the Chicago Assembly Plant made the Lincoln MKS until it was phased out and replaced with the Lincoln Continental in 2016. The length of that life cycle wasn't specified. The Asia Pacific region will probably lose money in the second quarter before returning to profit in the back half of the year. Out of the 150 cars at Crowe Ford only about 20 of them are sedans. "They've had everything for it, except for a few little minor deals but more or less, they've had the stuff" says Glen.

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