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  • Ford Transit Launch Delayed To Save Cash

Ford Transit Launch Delayed To Save Cash

February 13, 2009

Benson Kong
Feb 13, 2009
Photographers: The Manufacturer
Ford is the only one of the Detroit Three to not take government assistance, but its position, coupled with the recession, has taken its toll on the next-generation Ford Transit. The Transit was scheduled to be Ford's first global full-size commercial van and was one of four key vehicle platforms in CEO Alan Mulally's global plan, but economic turmoil, low sales, the reluctance to accept government loans, and cash hoarding are standing at the center of the Transit's delay.
Photo 2/2   |   ford Transit front Rolling View
There is currently no new timetable for the Transit's launch, and it is currently still unclear when the full-size Transit will make it to the U.S. A Ford source stated the Transit remains in the North American cycle plan, and is supposed to replace the Econoline, which has accounted for about half of the U.S. commercial van market for years. A version of the Transit, codenamed V363, had originally been planned for North American production beginning in 2011 as a 2012 model.
The other three vehicle platforms part of Mulally's global plan are the subcompact Fiesta, compact Focus, and midsize Mondeo passenger cars.

Source: Automotive News

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