Ford Motor Company (F) Defends Sedan Cuts at Shareholder Meeting

Shareholders questioned Ford Motor Company (NYSE: F) executives at the company’s annual meeting on Thursday, wanting to know why the company announced it will cut its North American sedan lineup by 80 percent. Management defended the decision, and analysts say it was the right move for Ford’s bottom line. In April, Ford announced that over the next few years, the company will be cutting its North American car lineup down to just two models — the Mustang and the Focus Active crossover. …read more

Source:: Yahoo Finance

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