USA: Ford F-150 cost reductions to take two to three years - report
According to a Reuters report, Ford Motor Company said it would take two to three years to reduce the extra cost of its next-generation F-150 pickup going into production this year. Ford also said it would not meet its 2005 deadline for improving the fuel economy of its sport utility vehicles by 25% - a high-profile promise made to much public acclaim three years ago, Reuters said.
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