On Air Now:
 
 

Amber Gero's report on Ford's shift from SUV's

Amber Gero's report on Ford's shift from SUV's
gas pump 95

The Ford Motor Company will reveal its revised recovery roadmap today, shifting focus dramatically from gas guzzling SUV's to building small fuel-efficient cars and getting them to the market faster.

Listen to Amber Gero's report

Like General Motors, Ford believes that the market has changed forever thanks to soaring gas prices that many think are here to stay.

The company is expected to announce a $600-million second-quarter loss which experts are crediting to slumping sales due to a spike at the pumps.

The new revival plan Ford is set to release on Thursday is to be highly focused on delivering affordable, fuel-efficient cars faster, which means the company will be converting many of its truck plants into car plants.

Reports by CFRB's Amber Gero

Join our Facebook GroupConnect to CFRB and other listeners. All that's needed to join Facebook is a valid email address.  Discover who is talkin' on Facebook!
Note - You need to be a member of the 'Toronto ON' Network to join our Group....
more ...