KXIP vs KKR Live Score

The automaker said first-quarter capital expenditures were more than $500 million higher because of investments in the pickup trucks and a family of low-priced compact vehicles under development with Chinese partner SAIC Motor Corp Ltd 600104.SS .

The two survivors? The iconic Mustang, unsurprisingly, as well as the upcoming Focus Active crossover.

Ford announced Wednesday that it plans to end production of the Taurus and other sedans to meet growing consumer demand for SUVs. Expect more crossovers and SUVs, then, or cars that Ford describes as combining "the best attributes of cars and utilities", as the brand switches focus.

Ford will strip its North American lineup of passenger cars, transitioning to an nearly exclusive SUV and pick-up lineup, with the Mustang to remain as the only low-riding vehicle in dealerships.

Ford made $1.74 billion from January through March, or 43 cents per share, compared with $1.59 billion, or 40 cents per share a year ago.

With that news, Ford will phase out the slumping Fusion, Taurus, CMax and Fiesta models in the United States, Canada and Mexico.

In 2017, the company's pretax profit fell to $8.4 billion from $10.3 billion.

Pro-Trump social media stars Diamond and Silk unleash testimony before Congress
During the hearing, they exhibited the same mixture of indignation and ultra-conservative politics that have made them famous. It is wrong for these social media giants to suppress and disregard people by diminishing and denying them their free speech.

Kipchoge, Cheruiyot give Kenya sweep in London
I haven't seen my kids in three months and I am excited to see them". "I want to thank everyone out there for their support". But confusion started when later "official" times confirmed a time 11 seconds slower.

Salah the first Liverpool player to win PFA on his debut season
This month Salah became the first player in Premier League history to win three Player of the Month awards in the same season . It started with him telling Gary Neville that Salah was the best player in the Premier League since Henry.

Ford said in its 2018 first quarter statement that it would introduce hybrid-electric powertrains to "high-volume, profitable vehicles" such as the F-150 pick-up, Mustang and Explorer, Escape and Bronco SUVs.

The latest planned reductions will come from areas including engineering, materials costs, marketing and sales. Initially, those cars were built by hand and later were produced on the world's first moving assembly line, an advance that allowed the company to mass produce their vehicles, according to History.com.

A memo released by the company for 2017 showed truck and SUV sales climbed 4.3% compared to 2016, while passenger auto sales dropped by 15.2%.

Ford's decision makes Fiat Chrysler's move in 2016 to ax two of its sedans appear tame.

The news Ford is patching up its lineup to dispose of vehicles and spotlight on hybrid and SUVs doesn't mean Ford's not taking a gander at making new items.

Ford took steps on Wednesday to bolster its operations in China, a key overseas market, where sales have been flagging.


COMMENTS