Ford's SVT not dead after all?

In recent months, reports about the demise of Ford's SVT division amid the company's vast restructuring have been widespread. However, in a speech at the New York Auto Show, Mark Fields said Ford still has plans for high-performance vehicles. He even mentioned SVT by name. "Going forward, Ford is going to have a three-tiered approach to performance," he said. "One tier of our strategy is personalized performance Next is SVT and products like the Ford Shelby GT500." Fields says Ford plans to offer "one performance Mustang and one performance truck." He said Ford expects "to sell 5,000 to 10,000 of each SVT vehicle a year going forward." Fields didn't say what that truck would be. In February, Ford reportedly cancelled Plans for the Sport Trac Adrenaline. Yesterday, we cited a report suggesting Ford was still considering a Focus RS. Fields also said the company plans to increase the emphasis on Ford Racing and Ford Racing Performance Parts.