- Mar 7, 2006
Ford's hybrid momentum showing signs of slowing
During its Super Bowl marketing blitz, Ford made a big deal of its new association with Kermit the Frog, who in the course of his advertising duties experienced a change of heart, proclaiming : "I guess it is easy being green."
But Jim Henson's trademark amphibian may have had it right the first time. High profile market introductions and Muppet pitchfrogs aside, the Blue Oval is struggling with its hybrid initiative, and recently doubled its incentives on its green-tinged SUVs to $1,000. Though it remains early in the year, at its present clip, Ford is only selling about half its hybrid capacity and waiting lists have dwindled to zero -- a marked change from foreign competitors at Toyota and Honda.
[Source: Dow Jones via Morningstar.com]