Ford’s Big New SUV

CNNMoney:

Just two months after it pulled the plug on the massive Ford Excursion, the Detroit News said the automaker is preparing to unveil a vehicle tentatively called the “Ford Everest.”


“Excursion was just too much. It went overboard,” Joe Langley, and analyst with CSM Worldwide, told the newspaper. “But there’s still a market for a (jumbo) SUV.”


The Excursion, launched in 2000, was quickly dubbed the Ford Valdez by critics; and Ford (down $0.02 to $8.16, Research) ended production earlier this year as gas prices topped $3 a gallon.

VC’s Survey Opportunities

Julie Hanna:

What about future trends, asked Sahlman. Many venture capitalists made money in enterprise software, until the space was saturated. Will venture capitalists have an impact in fields relating to healthcare, education, and the environment—all areas that show a great demand for new solutions?

“Clean energy is big on the West Coast,” said Reiss. “Venture capitalists haven’t traditionally invested in those areas that you mentioned . . . but given the amount of money that’s in the business, somebody is going to try, and somebody will be right.”