LISBON - Ford is unlikely to continue the Ford Maverick sport-utility after its five-year contract with Nissan runs out in 1998.
Ford is exploring alternatives such as a Mondeo-based sport-utility, said an insider.
The Maverick is a rebadged Nissan Terrano II. The vehicles are built in Nissan's Barcelona factory. Ford has sold 45,000 units since 1993.
Ford is re-thinking the Maverick because of changes in the market and its own product strategy, not because it believes the sport-utility was a failure.
'We believe the Maverick has been a success,' said a Ford spokesman. 'It has established Ford in the 4x4 segment which we were not in.' The spokesman said no final decision has been made.
In the four months to April, the Terrano II outsold the Maverick by 9,475 units to 3,265.