Ford Cutting Car Lineup to Save Money and Stay Competitive - NBC 5 Dallas-Fort Worth
NBC 5 Responds

NBC 5 Responds

Responding to your consumer needs and connecting you to your money

Ford Cutting Car Lineup to Save Money and Stay Competitive

    processing...

    NEWSLETTERS

    Ford Cutting Car Lineup to Save Money

    Ford will shed most of its North American car lineup as part of broad plan to save money and make the company more competitive in a fast-changing marketplace, one that includes a dramatic shift toward trucks and SUVs in the U.S. (Published Thursday, April 26, 2018)

    Ford will shed most of its North American car lineup as part of broad plan to save money and make the company more competitive in a fast-changing marketplace, one that includes a dramatic shift toward trucks and SUVs in the U.S.

    The changes include getting rid of all cars in the region during the next four years except for the Mustang sports car and a compact Focus crossover vehicle. Ford will no longer sell the Fusion midsize car, Taurus large car, CMax hybrid compact and Fiesta subcompact in the U.S., Canada and Mexico.

    Ford says its net income rose slightly in the first quarter due largely to a lower income tax rate.

    The automaker says it made $1.74 billion, or 43 cents per share, compared with $1.59 billion, or 40 cents per share a year ago.

    White Official Tells Black Woman He Belonged to Master Race

    [NATL] White Official Tells Black Woman He Belonged to Master Race

    Some Leavenworth County, Kansas, officials are calling for Commissioner Louis Klemp's resignation after he insulted a black woman who had just presented a land-use study to the commission. "I don't want you to think I am picking on you because we are part of the master race. You have a gap in your teeth. We are part of the master race, don't you forget that," Klemp said. 

    (Published Friday, Nov. 16, 2018)

    Revenue rose 7 percent to $41.96 billion.

    Ford also says it has found another $11.5 billion in cost cuts and efficiencies.


    Get the latest from NBC DFW anywhere, anytime

    • Download the App

      Available for IOS and Android