/biz/ - Business & Finance

>>11503955

Ford cut out of the economy car market because the competition is too much. You have better economy cars American and Foreign made. Ford's truck brand is strong, but they're wanting to expand that back with the Ranger model which fills a huge gap for smaller trucks that just completely vanished from the market over the past 10 or so years and has little used and new competition right now.

Also they're keeping the Mustang which is very competitive in the cheap sporty car world and the designs recently have really been ahead of the competition namely the Camaro. The SUV market is always getting bigger so staying in it makes sense as well.

I keep hearing that the new CEO at F is retarded, but this move itself was really smart. F doesn't have a green history and none of it's green moves have gone over too well. I think long term this is a really great move for F, but the stock price seems completely disconnected or unaware of that.

26
160K USD
CG artist

75K from dayjob, rest from my own projects, work 14-16 hour days. Gonna burn out someday, but I fucking love what I do for a living.