The new Ford Mondeo will eventually be used to underpin four models in the blue oval range, starting from 2014.
Ford has been selling the five-seat Edge SUV in the US since 2006. The current model is based on a Mazda CX-7 platform. However, like the new Kuga SUV, the latest Edge will become a global ‘One Ford’ model and be based on the Mondeo platform.
Today’s Edge is the same size as the S-Max, signalling the likely arrival of a six-seat Edge, which would place the brand in a booming and lucrative sector of the market. Skoda is also set to replace today’s Superb flagship with a seven-seat SUV.
Building these four large cars in the same factory should allow Ford to run the Valencia lines at near-full capacity (ensuring profitability) as demand varies between the four models.
Ford is also moving production of the current Mondeo family from Genk in Belgium to Spain, as part of an 18 per cent reduction in production capacity in Europe.
Ford’s European arm expects to lose £1.1bn this year.