Tuesday, March 4th, 2008...1:09 pm
Ford celebrates Fiesta’s return at Geneva Auto Show, destined for US market by 2010
But Ford is also hoping to catch a sizable share of the U.S. market for subcompact vehicles to make up for a downturn in sales of sport utility vehicles and large sedans. Ford said U.S. monthly sales dropped 7 percent in February as consumers abandoned heavier vehicles in the face of rising gas prices, prompting it to cut shifts and announce layoffs.
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