Tuesday December 13, 2005 | ${log.root}/lowem.log Inflation, Investing and Everything |
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peakoil.com -> money.cnn.com : According to a newspaper report, Ford is set to launch a new, super-size SUV. Just two months after it pulled the plug on the massive Ford Excursion, the Detroit News said the automaker is preparing to unveil a vehicle tentatively called the "Ford Everest." The Excursion, launched in 2000, was quickly dubbed the Ford Valdez by critics; Ford ended production earlier this year as gas prices topped $3 a gallon. Even though the company has pursued a hybrid-heavy marketing strategy, the Detroit News reported that there is still demand in the lucrative SUV market. "It's hard to wean yourself off of them," Langley was quoted as saying. "They're the crack of the American auto industry." Essentially a stretched version of the Ford Expedition, the new SUV will be over 19 feet [5.8m] long - about 15 inches longer than the Expedition - and will have more cargo room behind the third row of seats, the report said. Google Base : See also : (2005-12-13 21:58:30 SGT)
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