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Article: Dealers protected as Ford quits big trucks. (Ford Motor Co. )
- Article from:
- Automotive News
- Article date:
- February 24, 1997
- Author:
CopyrightCOPYRIGHT 1997 Crain Communications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Ford Motor Co. is bailing out of the heavy-truck business, but its dealers will still have products to sell.
About 257 Ford dealers in North America are affected by Ford's decision to sell its heavy-duty truck business to Freightliner Corp., a subsidiary of Mercedes-Benz AG.
Freightliner will take over Ford's heavy-truck franchises. The dealers will operate under a separate sales division, yet unnamed, that will peddle the products acquired from Ford.
In effect, the dealers will take en a separate franchise for those products. Most of the 257 will continue to sell Ford products smaller than heavy trucks.
The deal will give Freightliner, already ...