Scene Changing at Ford Dealerships as auto are Phased Out

2018 Ford Mustang facelift

What's missing? Cars. "Given declining customer demand and product profitability, we will not invest in next generations of traditional Ford sedans for North America.", said Hackett. Big trucks and SUVs generate more dollars per unit than cars, indeed Dearborn predicts that, by 2020, 90 per cent of its range will be "trucks, utilities, and commercial vehicles". Up to five hybrid-electric SUVs as well as a hybrid Mustang are also projected to be on sale by the end of the decade, as new technologies increasingly break the link between a vehicle's size and performance and its efficiency.

Ford Motor Co. is sharpening its knives to cleave another $11.5 billion from spending plans and cut several sedans, including the Fusion and Taurus, from its lineup to more quickly reach an elusive profit target.

Ford previously predicted $14 billion in cuts by 2022. "We're going to feed the healthy parts of our business and deal decisively with the parts that destroy value", he said. "It's a little bit of everything, and I don't think they're done yet".

Jerry Dias, national president of Unifor, said his union's members at Canadian Ford plants won't be affected in the short term by the accelerated cost-cutting program announced Wednesday.

Shanks said that rising costs for commodities, such as aluminum, steel and copper, were a almost $500-million drag on Ford's performance for the quarter.

Shanks said North American operations had been hurt by rising costs for key commodities such as steel and aluminum. The Mustang, a vehicle entwined in Ford's own brand identity, is safe for now. Exactly when these models will stop being sold in the market hasn't been announced. Fiat Chrysler did away with the Dodge Dart and Chrysler 200 more than a year ago.

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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%. It identified Lincoln as a low-performing area but Shanks said sales are growing and the brand is not in jeopardy.

A line worker works on a vehicle at Ford Motor plant in Oakville, Ont., on Friday, January 4, 2013.

The decision comes as sales of passenger cars continue to decline while sales of SUVs and crossovers continue to climb.

Dave Sullivan, manager of product analysis for AutoPacific, Inc., called the move bold but also not surprising. Concerning the latter model, this week's announcement also means that some the new versions of the Focus planned by Ford - the sedan, wagon and hatchbacks - may not be available to American consumers at all.

In another change, Ford says it will add hybrid motors to its profitable high-volume vehicles, like its F-150 truck, Explorer and Escape SUVs, and the Mustang.

The company reported a first-quarter net profit of $1.74 billion, or 43 cents per share, up from $1.6 billion, or 40 cents per share, a year earlier.

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