Buyers who like some Ford models could find themselves looking into used cars in New York, as the automaker recently announced plans to revamp a wide swath of its worldwide product line.
In fact, up to 9 out of every 10 Ford cars offered in 2012 will be either an all-new design or an update of a model that incorporates global cues, another hallmark of the company’s rebuilding plan.
“In the worst of economic times, we are taking the actions necessary not only to strengthen Ford’s business but also to deliver world-class levels of product freshness globally,” said Lewis Booth, Ford’s chief financial officer.
That consolidation is also expected to reduce the variety now available with used Ford cars in New York. Worldwide, the automaker is hoping to cut the number of models it offers from the 59 it offered in 2008, a 40 percent decline from the number of options available just two years earlier.
“As we reduce costs, manage cash and increasingly leverage our ‘One Ford’ global product plan, our critical priority is protecting and enhancing our new vehicle pipeline,” added Booth.