Breaking: Ford preparing to wind down Mercury
By Andrew C., 30 Aug, 2010. 0 Comments
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It appears that the poor car sales are continuing to make victims. After Pontiac, Saturn and Hummer, another brand is preparing to close its doors and now we are talking about Ford's Mercury. According to the latest reports from Bloomberg, Ford is preparing to wind down the brand which was created back in 1939 by Edsel Ford after ales plunged 74 percent since 2000. "Mercury is a forgotten brand," said John Wolkonowicz, an auto analyst with IHS Global Insight. "Many Americans probably already think it has been discontinued. Mercury was too similar to Ford from the very beginning."
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