TheStreet.com
Ford Pulls the Plug on a Longtime Model to Focus on the Future
In 1976, while the Concorde was taking to the sky, the Ford rolled out a supermini car as its answer to providing an economy car to battle rising fuel prices. Ford’s contribution to fuel economy — the Fiesta — which had a much different customer base than the Concorde, held on for a bit longer, and it became Britain’s all-time best-selling car. “Today is a sad day when we announce that after having built 22 million around the world, the iconic Ford Fiesta will come to an end in June 2023,” Jay Ward, Ford’s director of Europe product communications, tweeted.