Ford Goes All In on Bronco With Massive Portfolio Refresh Planned
Investors and Ford consumers should cheer that the Bronco is expected to get a truck and luxury Lincoln version.
Overview
Ford Motor Company (NYSE: F) has always had an American favorite in its Bronco SUV, and now the Detroit automaker is expanding the product in a couple of unique ways.
This is a part of a bigger plan as the company continues to adjust from its $19.5 billion charge and reversal of electric vehicle plans. There have already been casualties to the strategic adjustment, including the canceling of the F-150 Lightning, though it will return as an extended-range option, and another next-generation full-size electric pickup.
Details
Here's exactly what Ford is planning with its upcoming portfolio refresh, product blitz, and why it matters for investors.
Source
Originally published at www.fool.com.