The key detail here:
Quote:
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The New York Times said yesterday that Ford loses money on the Focus, Fiesta, and Fusion...
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Why sell something that you lose money on?
The next question, why do they lose money on it? Well, more and more safety requirements keep getting mandated while ever more stringent fuel economy standards are adopted. I remember reading an SAE report a few years back that the CAFE requirements could be met, but there were significant costs for each incremental increase. The question posed back then was if consumers would accept the cost increase.
This decision by Ford clearly indicates the answer. No.
I'm guessing the opinions on this forum are largely meaningless. Why? How many of us actually buy new cars? I honestly don't see how anyone can afford them. Car loans now commonly exceed eight years! I'm not surprised here at all.