Ford Planning To Shut Down Mercury
The Mercury brand by Ford motor corp. has being under speculations from the critiques from the past few years and rumors have always showed up that Ford is going to kill this brand completely but the company consistently canceled such news by its denial. Recently such kind of news has been flashed on the Bloomberg News and according to that Ford motor co.’s board of directors have prepared a complete plan for shutting down the Mercury brand.
The Mercury division has been existing with ford for about 70 years but if the above news is true then it will become another departed brand of Ford. Bloomberg has actually cited two executives of the company who have complete knowledge of plan but their names have been kept confidential.
The news of closing this brand can’t be the shocking one as we have seen that the sales of Mercury has fall badly by almost three quarters since the year 2000 and closing this one for a new comer can be called a good step from Ford’s side.