Ford is betting big on the continued growth of SUVs and trucks, deciding Wednesday to cut future North American production of the Taurus, Fiesta, Fusion and current Focus models.
Ford announced it will cut all car models except for the Mustang and a not yet released Focus compact crossover in the next two years due to declining consumer demand.
Analysts also say the sedans sell slowly and don’t have high profit margins.
It’s part of a plan to cut $11.5 billion from the automaker’s operating costs.
By 2020, 90 percent of its vehicles will be trucks, SUVs and commercial vehicles.