eg: UK or Brides UK or Classical Art or Buy Music or Spirituality
 
eg: UK or Brides UK or Classical Art or Buy Music or Spirituality
 

Your Online Guide » Sport Cars » Ford Car Review

Ford Hopes Edge Will Wipe Sales Doldrums
by Jay Stevens, Jay
Mark Fields, Ford's President of the Americas predicted that Edge would become a crossover hit. However, he further noted that in a market with numerous competitors and specialized vehicles, the Edge alone can't save Ford. "This is not the silver bullet that the company is looking for because in this day and age, you need to have lots of products."

To some Ford executives, Edge is considered as crucial to restructuring the workflow to help the company reverse its moribund market shares. The latter has slid from approximately 26 percent in the year 1995 to about 17 percent this year. Ford's market share has reduced by 8.6 percent through September compared to that of the first 3 quarters of the year. Moreover, the company has lost $1.4 billion in the first six months of this year.

Jeff Schuster, executive director of global forecasting for J.D. Power and Associates, said that Edge is essential to the company for it to recuperate, as it is plans to end the production of Taurus sedan this month. Ford Taurus is a midsize front wheel drive vehicle that replaced Fairmont-based rear wheel drive LTD model. Eventually, Taurus is to be replaced by Ford Five Hundred (crossover SUV), Freestyle and Fusion.

Edge, though, is not expected to replace the sales of Ford Taurus parts and models. Further, it is expected to settle in around 100,000 units annually. In the last year of Taurus production, Ford is expecting to sell about 175,000 units.

"I think the Edge is certainly the direction where the market is heading," Schuster said. "That type of product, the segment and the body style, fits well into the shifts going on in consumer tastes, essentially the new family vehicle, the replacement to the traditional sedan."
Jay Stevens has sinced written about articles on various topics from Motorola Cell Phone, Ford and Beauty Tips. Jay Stevens works as a consultant for an established auto parts store in the country. He has expertise in automotive technology and has extensive knowledge on the auto parts industry. You can visit. Jay Stevens's top article generates over 673000 views. to your Favourites.
EditorialToday Sport Cars has 2 sub sections. Such as Car High End and Top Muscle Cars. With over 20,000 authors and writers, we are a well known online resource and editorial services site in United Kingdom, Canada & America . Here, we cover all the major topics from self help guide to A Guide to Business, Guide to Finance, Ideas for Marketing, Legal Guide, Lettre De Motivation, Guide to Insurance, Guide to Health, Guide to Medical, Military Service, Guide to Women, Pet Guide, Politics and Policy , Guide to Technology, The Travel Guide, Information on Cars, Entertainment Guide, Family Guide to, Hobbies and Interests, Quality Home Improvement, Arts & Humanities and many more.
About Editorial Today | Contact Us | Terms of Use | Submit an Article | Our Authors