Ford Delays Launch Of Escape Plug-In Hybrid To 2021- Report

Ford (F) is delaying the launch of its plug-in hybrid Escape sport-utility vehicle to 2021, reports Bloomberg. The publisher noted that thousands of similar Kuga SUVs have been recalled in Europe due to fire-related recharging problems.“We’re moving production to next year while we investigate what happened to the Kuga in Europe,” Mike Levine, a company spokesman, told Bloomberg. “None have been sold in the U.S.”According to the publisher, the Escape plug-in hybrid should have gone into production this past spring but this was postponed to summer after factories were closed for two months due to the coronavirus pandemic.The timeline has …read more

Source:: Yahoo Finance

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