Ford Motor Company (NYSE: F) is delaying the production of its Escape hybrid plug-in SUV to 2021 after similar vehicles were recalled in Europe due to adverse incidents with a similar model, Bloomberg reported Monday.What Happened: The hybrid vehicle’s production was slated to start in spring but was postponed to summer due to the COVID-19 pandemic. Now, the manufacturing is being moved to next year, according to Bloomberg.The postponement reportedly takes place as the Detroit-based automaker reviews its European model Kuga SUV, which shares parts with the Escape — including battery and engine.”We’re moving production to next year while …read more
Source:: Yahoo Finance
