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Ford to retool plants for European cars

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07.21.2008

WiseOne

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Ford to retool plants for European cars

Quote:

Car maker Ford Motor Co is drawing up plans to retool American plants to make small, fuel-efficient passenger cars that it mainly makes and sells in Europe, the Wall Street Journal reported on Saturday.

The paper said Ford has looked at bringing over European models, including the mid-size Mondeo, in response to high fuel costs that have hit sales of larger, fuel-hungry trucks and sport utility vehicles.

Read More Here >> MSNBC

WiseOne's Comments, well duuuhhhhh! I would say this is a classic case of a day late and a dollar short. It's about time to be sure!

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