Ford is expected to make some significant announcements along with its quarterly results this Friday. Along with the announcement of retooling U.S. plants to produce its European models , The New York Times reports that Ford will also announce a drastic shift to build more small cars.
According to sources, FoMoCo will announce that it will completely convert three of its North American plants from trucks to cars. Ford will also realign factories to produce more fuel-efficient engines and will produce six of its next European cars for the U.S. market.
The New York Times also reported that Ford’s struggling Mercury brand will play a major roll in its new small-car strategy. Figures why there hasn’t been any word recently on future Mercury models .
Source: Automotive News (Subscription Required)