Ford Motor Company are now considering holding onto their small compact pickup, the Ford Ranger, for another two years according to sources close to Ford. The new consideration comes in reaction to record gasoline prices and fall in demand for larger vehicles. Workers at Ford's Twin Cities assembly plant in St. Paul, Minnesota would be saved from being laid off if the extension goes into effect. The new plan from Ford would hold onto the current Ranger until 2011, when a new "global" truck will be produced overseas. "With high gas prices, the Ranger is looking a lot more attractive," said analyst Erich Merkle of IRN Inc. The Ford Ranger is the most fuel-efficient compact pickup available on the market today, achieving 21 miles per gallon in the city and 26 miles per gallon on the highway.
[Source: TruckBlog]
Truckblog - Ford Considering Further Ranger Production