They don't, however, love actual cars like hatchbacks and sedans --as Ford has learned. Ford will, however, continue to offer its full gamut of trucks, SUVs and crossovers. Ford profits hit by lower sales, higher costsBy 2020, "almost 90 percent of the Ford portfolio in North America will be trucks, utilities and commercial vehicles," the press release says. "The company is also exploring new 'white space' vehicle silhouettes that combine the best attributes of cars and utilities, such as higher ride height, space and versatility." Related: American sedans are vanishingBy "white space," the company is referring to vehicles that don't fall neatly into the typical categories.
Source: CNN April 25, 2018 23:48 UTC