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MAP - $1 Billion profit in 2021?


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From today's Detroit News:

"Baumbick pointed to the production shift at Michigan Assembly as a proof-point. Ford made the slow-selling Focus and C-Max compact cars there before shifting production to the Ranger and the all-new Bronco expected to hit showrooms by the end of 2020.  That move will generate more than $1 billion in operating earnings improvements in 2021 when compared to 2017. Ford expects to produce more than 200,000 Rangers and Broncos at the Wayne plant in 2021. In 2017, 200,000 Focus and C-Max cars rolled off the line there."

https://www.detroitnews.com/story/business/autos/ford/2019/04/17/ranger-bronco-expected-drive-billion-dollar-profit-michigan-assembly/3495804002/

 

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