The auto industry said goodbye to a lot of cars in 2018

Favicon Jacksonville Business Journal

In 2018, the U.S. automotive industry began to say goodbye to one of its longest-enduring products: the car. Both Ford Motor Co. and General Motors said they were going to nearly eliminate their production of sedans and coupes to concentrate on the much-more profitable production of sport utility vehicles and trucks. Ford (NYSE: F) got the ball rolling in April, when it announced that it would soon stop production of the Ford Focus, Fusion, Taurus and Fiesta. "Given declining consumer demand and...

Read the full article here: Jacksonville Business Journal


The post: «The auto industry said goodbye to a lot of cars in 2018» has been published on the website Jacksonville Business Journal where, everyday, you can find the latest news about Jacksonville's area.



Get more articles about this topic

Leave a comment