ˆ Ford confirms U.S. production of Euro Focus in 2010, delays new F-150 launch

tags : 2010 , euro focus , euro focus confirmed , eurofocus , eurofocusconfirmed , f-150 , f150 , fiesta , focus , ford

Finally. The European Ford Focus will go into production in the United States in 2010 along with the Fiesta. This has been officially confirmed by Ford, which will offer the Euro Focus here in both four- and five-door body styles. That's not the only news, either. Production of large trucks and SUVs will be further dialed back for the remainder of this year, and the introduction of the new F-150 pickup truck has been pushed back two months to "late fall". The catalyst for all this? Expensive gas, the new boogeyman that has people running from trucks and SUVs en masse. The F-150 delay is designed to give dealers more time to thin out existing '08 truck inventory before the new pickup arrives in the fall. On the flipside, Ford will add shifts to increase production of the current Focus, Mariner/Escape, Edge/MKX, and the new Flex. In the end, however, expect more red ink on the balance sheet, as Ford states that its pre-tax Automotive results will fall short of 2007's, and follows that up with an announcement that it expects Ford Motor Credit to post a loss, as well.

posted : 6/22/2008 @5:46:30 PM

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