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Thursday, May 27, 2010
Report: Ford Planning to Kill Mercury Division, Maybe as Soon as Year's End
Posted by wedos at 2:33 PM
Mercury, the maker of higher grade Ford models with waterfall grilles such as the Milan and Grande Marquis, will have the same fate of GM's Pontiac and Saturn brands, according to a report from Bloomberg citing two unnamed people familiar with the plan.
The news agency said that Ford Motor Co executives could ask the automaker's board of directors as early as July to green-lit the (eventual) axing of the Mercury brand.
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