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The U.S. B-segment car Mark Fields axed

Back in January at the L.A. Auto Show Mark Fields promised the audience at his keynote speech that Ford would soon be unveiling a new product to compete in the fast-growing subcompact (or B-segment) market in the U.S. Well, here we are in August and Ford is still without the promised small car to compete with the Chevy Aveo, Toyota Yaris and Honda Fit. What happened?

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