Ford will speed shift to SUVs to boost profit, shares

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DEARBORN, Mich. (Reuters) – Ford Motor Co executives on Thursday disclosed ambitious plans to shift the struggling automaker’s product portfolio from passenger cars to SUVs, add more hybrid and pure electric vehicles, and reduce development and manufacturing costs – moves aimed at boosting Ford’s profit and share price.

Source:: http://feeds.reuters.com/~r/reuters/businessNews/~3/Duvlvaeqjmc/ford-will-speed-shift-to-suvs-to-boost-profit-shares-idUSKCN1GR2S0

      

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