New Ford Vehicles For 2007 Says Fields

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New Ford Vehicles for 2007 Announced by Mark Fields


Summary

Mark Fields, Executive Vice President of Ford Motor Company Americas, has announced that Ford is gearing up to introduce a variety of new vehicles by 2007. Despite skepticism from Wall Street and Merrill Lynch about Ford's restructuring efforts, Fields remains optimistic about the company's future offerings.

Article


Mark Fields, the Executive Vice President and President of Ford Motor Company Americas, has addressed recent criticisms from Wall Street regarding the company's restructuring pace. Wall Street analysts have suggested that Ford is lagging in innovation and lacks the new products necessary to stay competitive.

Adding to the critique, Merrill Lynch's John Murphy noted, "The pace of Ford's new product introductions lags behind the industry average, posing a potential threat to their market share and restructuring efforts."

Contrary to these assessments, Fields confidently stated that Ford has several new vehicles in production. By 2007, consumers can expect a new lineup of Ford cars hitting the market, although Fields has yet to reveal specific models. He emphasized that Ford is focused on innovation, with numerous developments underway, though these remain under wraps for now. This means auto parts manufacturers may need to prepare for new demands, including potential needs for Ford F350 pickup parts and other components.

Fields highlighted, "It's going to be a busy year for us. We have a lot of products coming." His announcement serves as a call for the auto market to stay alert, as Ford plans to introduce significant updates and additions to their vehicle lineup.

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