Ford restructuring may end minivans

[Johnboy60]

DETROIT — In an attempt to exit unprofitable and flagging markets, Ford Motor (F) is expected to say Monday that it will get out of the minivan segment, according to two sources familiar with the plan who didn't want their names used ahead of the official announcement.

Ford will lay out an overall restructuring plan that will include plant closures, layoffs and executive departures Monday when it announces fourth-quarter earnings.

Ford spokesman Jon Harmon would not confirm a minivan announcement, but he said the restructuring plan includes some changes in the company's product lineup.

http://www.usatoday.com/money/autos/2006-01-20-minivans-usat_x.htm

 

[horuhe00]

I think it's a good thing because right now, I can't remember seeing a Ford minivan...

 

[BarbB]

There're a bunch of them in Florida - though Chrysler does seem to have the market locked up. (BarbB drives a Town&Country )

 

[ACougar]

Nowadays people prefer those minivans with ground clearance commonly refered too as SUVs.

 

[JPPT1974]

Yeah they are the cars these days
Those SVU's!!

 

[E_Powers]

Nowadays people prefer those minivans with ground clearance commonly refered too as SUVs.

thats because suvs engines are not under powered

 

[JPPT1974]

No wonder SUV's are the best selling cars in the USA these days.

 

[ACougar]

thats because suvs engines are not under powered

and with a Hybrid the MPG is better than most cars.