The Ford Bronco and the Ford Ranger are officially making a comeback
Ford
According to Ford, the Ranger, which is currently available in certain international markets, will return to the US in 2019. The Bronco will follow suit in 2020.
As expected, both vehicles will be assembled at Ford's plant in Wayne, Michigan.
"We've heard our customers loud and clear. They want a new generation of vehicles that are incredibly capable yet fun to drive," Ford's president of The Americas, Joe Hinrichs, said in a statement.
"Ranger is for truck buyers who want an affordable, functional, rugged and maneuverable pickup that's Built Ford Tough."
"Bronco will be a no-compromise midsize 4x4 utility for thrill seekers who want to venture way beyond the city," Hinrichs added.
The long-rumored return of the Bronco and Ranger have been floating around the auto industry for a couple of years now. In 2015, both Bloomberg and the Detroit News reported that Ford's product planning team was considering the two models for a comeback.
Ford
The Bronco was Ford's flagship SUV from the late 1960s until it was canceled in 1996 and replaced with the Expedition. With four doors instead of two, Ford believed the Expedition would be better positioned to directly compete against GM's full-size Tahoe and Suburban models.
These days, the SUV market is on fire and the availability of a new premium SUV is worth its weight in gold. With the Bronco likely to be positioned at or near the top of the brand's SUV hierarchy, the model should help Ford's profit margin and transaction prices. In addition, the return of the Bronco should inject new life into the model's loyal, but long suffering band of enthusiasts.
From the early 1980s until 2011, the Ranger was a well-regarded compact pickup that sold very well in the US. Ford
Although the Ranger name may be defunct in the US market, Ford has been selling a midsize truck overseas using the name for nearly 20 years.
Ford, like many others, abandoned the compact pickup-truck market during the late 2000s, when growth in the segment slowed, and instead focused on the development of more profitable larger trucks, SUVs, and crossovers. However, with the recent return of the GM duo and a revamped Toyota Tacoma, there is new life in the once dormant segment - albeit with slightly larger vehicles.
- I spent $2,000 for 7 nights in a 179-square-foot room on one of the world's largest cruise ships. Take a look inside my cabin.
- One of the world's only 5-star airlines seems to be considering asking business-class passengers to bring their own cutlery
- Vodafone Idea FPO allotment – How to check allotment, GMP and more
- Vodafone Idea shares jump nearly 8%
- Indians can now get multiple entry Schengen visa with longer validity as EU eases norms
- Investing Guide: Building an aggressive portfolio with Special Situation Funds
- Markets climb in early trade on firm global trends; extend winning momentum to 3rd day running
- Impact of AI on Art and Creativity