The L was canned because Ford does not want to foot the bill for it.
I belive with teh new F150 design, they did not want to create a new body just for the L. The new F150 has at least 3drs, or so I read somewhere. For the L, they would need a new cab and bed. Ford doesnt think that they want to be in the sports truck game anymore.
As for SVT going away, Ford does not see SVT as something they need anymore. They can be absorbed into Ford and used to help out future cars, but a division to fix-up production cars could be gone from Ford.
IMO, good move for Ford. Ford needs to cut all lose ends, and start to make cars for people outside of the enthusiats population. There car line up is seriously lacking, and is in need of an update. Even the new Ford 500 falls short.
Taurus and Crown Vic are fleet machines
Focus went from cool to gay, not to mention it didnt get the Mazda3 chassis like the Euro Focus did.
This is all while the Malibu posts its 2nd month in a row of 150% increase in sales over last year, on top of the release of the new Cobalt and revised Impala.
Chevy might not have a pony car...but they got everything else.
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2/20/2013: They Day the ****s Stopped
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