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

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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...

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