Ford cutting production of cars to just Mustang, Focus by 2020

Ford hints at Kuga PHEV as diesel sales drop

Earlier this year, James Farley, the company's president of global markets, said Ford is "shifting from cars to utilities", which have been a bigger profit driver. In its statement, Ford said it will rely exclusively on a two-car lineup, the new Focus Active-a raised, body-cladded version of its all-new Focus hatchback (a crossover, in other words)-and the Mustang.

The No. 2 USA automaker said it now plans to cut $25.5 billion in costs by 2022, up from $14 billion in cuts it announced last fall.

The company expects its profit margin in North America to rise to 10 percent by 2020, Shanks said.

One of North America's largest vehicle makers is shrinking its product line to save money and stay competitive in the auto market, company officials said.

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Responding to consumer demand shifting to pickups and SUVs, Ford said it's planning to trim its auto portfolio in North America to only two models: its sporty and highly popular Mustang, which this month turns 50 years old, and a new crossover Focus Active that starts in 2019. Ford says all its trucks, SUVs and crossovers will carry on, and they will pursue further models with "higher ride height, space and versatility".

It's all a bit ironic, given that just last decade - as it was emerging from the Great Recession - Ford got $5.9 billion in loans backed by the feds to help it build high-mileage cars.

In their quarterly report, Ford Motor Company confirmed their plans to discontinue the Fiesta, Focus, Fusion, C-Max, and Taurus models in the coming years, AutoBlog reported. As part of the move, Ford will be phasing out sales of traditional sedans and hatchbacks in the North American market. The company will instead focus only on high-profit models like trucks and SUVs. Europe was the only region to turn a profit for Ford. The company plans to have refreshed 51 percent of its vehicles by the end of 2019 in a process that began in 2017, and it boasted of 11 launches in 2018. The Ford Active as a beefy small vehicle that will have a higher profile like an SUV, but still be considered a auto. It's just another reason why you need to check Ford fix procedures online on each vehicle - the instructions could be updated based on new refreshes or new models (or even midway through a production run).

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