The Ford Econoline van built and sold in North America may be replaced for the 2007 or 2008 model year with a full-sized van designed for sale in both North America and Europe, according to an Automotive News report on future Ford models, which added that passenger and cargo versions are planned.

The new van would also replace the Ford Transit, sold in Europe [and other markets], according to the report.

Automotive News said the new van’s platform, code-named V349, would be derived in part from both the Econoline and the Transit while powertrain choices are expected to provide better fuel economy than the current Econoline.