US: Ford insists new products are on the horizon
Ford Motor Company has hinted that new models are just around the corner amidst criticism on Wall Street that the carmaker's market share would flounder as production dries up.
Mark Fields, Ford's executive vice president and president of the Americas told the Associated Press (AP) that more new vehicles are on the way starting next year, without naming any models.
"We haven't really talked about, obviously, the launches coming up in 07. It's going to be a busy year for us. We have a lot of product coming," he reportedly said.
Ford has been battered lately by Wall Street analysts, due to its reliance on trucks and SUVs and the slow speed of replacing its existing model lineup, reported the AP.