Bill Ford Jr. discussed the possibility of selling rental car company Hertz in answer ot current concerns about the future of the car company. The ides isn't that outrageous but it makes you wonder why they'd want to get rid of a company that made $33 million this quarter versus a $7 million loss in 2004. Ford will also reduce second-quarter production to 905,000 vehicles, 35,000 below the previous announced number. All the moves seem prudent as the company prepares to launch the new Ford Fusion. I wonder how closely they watched Pontiac's failing G6 before rolling their new high volume sedan?
Ford may sell Hertz, will cut production in second quarter
Apr 20th 2005 at 3:44PM
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