Ford to unveil four new hybrids by 2010
 
Jan. 23

Ford Motor Co. says hybrid versions of four vehicles - the Ford Five Hundred, the Mercury Montego, the Ford Edge and the Lincoln MKX - will be available some time between 2008 and 2010.

News about the hybrids came as part of Fordīs long-awaited restructuring plan, which the company announced Jan. 23.

Ford said it will idle 14 manufacturing sites, including seven vehicle assembly plants, by 2012, and 25,000 to 30,000 people will lose their jobs.

The company already has hybrid models of the Ford Escape and Mercury Mariner and plans to debut Ford Fusion and Mercury Milan hybrids in 2008.

Ford said it plans to build 250,000 hybrid vehicles per year by 2010.

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