PDA

View Full Version : Report: Ford said to be shutting down Mercury division



Ford_News
05-27-2010, 01:50 PM
Filed under: Ford (http://www.autoblog.com/category/ford/), Mercury (http://www.autoblog.com/category/mercury/)

http://www.blogcdn.com/www.autoblog.com/media/2010/01/mercury-emblem.jpg (http://www.bloomberg.com/apps/news?pid=20601087&sid=ayHz9fNmP62Q&pos=3)

According to a report from Bloomberg, which is citing two unnamed sources that are supposedly "familiar with the plan," Ford (http://autoblog.com/make/ford) is planning to close the doors on its Mercury (http://www.autoblog.com/make/mercury) division after 70 years of existence. If true, Mercury will join recently departed brands ranging from Plymouth, Oldsmobile, Pontiac, Saturn and Hummer.

We can't say that this news comes as a shocker, as analysts far and wide have been predicting such an event for the last few years, but Ford has repeatedly denied any plans to cancel its interplanetary division when questioned.

For what it's worth, the Mercury brand has seen its sales fall by nearly three-quarters since the year 2000, now representing less than two percent of Ford's annual sales. What's more, Mercury is scheduled to lose two of its four models next year.

Stay tuned for more as the story develops.

[Source: Bloomberg (http://www.bloomberg.com/apps/news?pid=20601087&sid=ayHz9fNmP62Q&pos=3)]Report: Ford said to be shutting down Mercury division (http://www.autoblog.com/2010/05/27/report-ford-said-to-be-shutting-doors-at-mercury/) originally appeared on Autoblog (http://www.autoblog.com) on Thu, 27 May 2010 15:29:00 EST. Please see our terms for use of feeds (http://www.weblogsinc.com/feed-terms/).



Read (http://www.bloomberg.com/apps/news?pid=20601087&sid=ayHz9fNmP62Q&pos=3) | Permalink (http://www.autoblog.com/2010/05/27/report-ford-said-to-be-shutting-doors-at-mercury/) | Email this (http://www.autoblog.com/forward/19494456/) | Comments (http://www.autoblog.com/2010/05/27/report-ford-said-to-be-shutting-doors-at-mercury/#comments)

More... (http://www.autoblog.com/2010/05/27/report-ford-said-to-be-shutting-doors-at-mercury/)

Grenade
05-27-2010, 03:06 PM
Too bad, I like Mercury.

1991lx
05-28-2010, 08:44 AM
Sad, but it does not surprise me.