Thursday, April 26, 2018

"Ford Motor Co. is cleaving an additional $11.5 billion from spending plans and dropping several sedans, including the Fusion and Taurus, from its lineup"

BB:

refocusing the company around more lucrative trucks and SUVs is a crucial element of new CEO Jim Hackett’s rebound bid.

...

Both are counting on gasoline prices remaining low. In the long-term, abandoning car segments could turn out to have been the wrong move if the Trump administration’s plans for weaker mileage standards don’t last long after his presidency.