Posted on 07/14/2020 5:44:49 AM PDT by Red Badger
Key Points
Ford unveiled its new family of Bronco SUVs Monday night, including two- and four-door Bronco SUVs as well as a smaller Bronco Sport SUV.
The Bronco models are squarely positioned against Fiat Chryslers Jeep brand.
The Bronco, according to Credit Suisse, would contribute nearly $1 billion to Fords North American operations if sales reach 125,000 units.
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Ford Motor is taking a run at the nations No. 1 off-road seller, the Jeep Wrangler, with its highly anticipated relaunch Monday night of the Bronco SUV a boxy utility vehicle that developed a cult following after it was discontinued in 1996.
Ford is pricing the new Bronco starting at $29,995, including destination charges, just $205 above a base Jeep Wrangler. Top-end models with additional features and equipment can top $60,000. A limited First Edition Bronco model starts at $60,800, according to Fords website.
The two- and four-door Bronco models, according to Ford, are similar in size to the Wrangler, which is regularly among Fiat Chryslers best-selling vehicles in the U.S.
Ford originally confirmed its relaunch in January 2017, but fans had been awaiting the return of the Bronco for years before then.
Its a long time coming. The market is waiting and ready, said Jeff Schuster, president of the Americas and global vehicle forecasts for research firm LMC Automotive. The Bronco is the Jeep Wranglers first direct competitor since General Motors Hummer, which is being relaunched next year, was discontinued in 2009. We expect this to stack up nicely compared to the Wrangler.
The Wrangler was seventh in sales last year among all compact SUVs and crossovers, according to LMC.
Like the Wrangler, the new Bronco models feature removable roofs and doors as well as more than 200 factory-backed accessories. All Bronco vehicles, Ford said, also will come standard with four-wheel drive.
With Bronco, Ford is making a clear push into the off-road segment of the [North American] SUV market, Credit Suisse analyst Dan Levy wrote in a note to investors Monday. While we expect Wrangler to remain the leader in the off-road segment, we nevertheless see attractive opportunity for Bronco given its heritage.
The Bronco, according to Levy, would contribute nearly $1 billion to Fords North American pretax earnings if sales reached 125,000 units. Thats based on profits per vehicle of about $7,500. That would make the Bronco one of Fords most profitable models, according to Levy.
Kumar Galhotra, Fords president of the Americas & International Markets Group, has said the company projects it will sell hundreds of thousands of new Bronco SUVs a year.
Theyre going to add substantial volume to the company, and theyre going to be growth volume because none of the vehicles exist today, Galhotra previously told CNBC. It is a net-add to the portfolio, net-add to volume and profitable volume.
Ford unveiled its new family of Bronco off-road vehicles, including a smaller Bronco Sport SUV, online with a video narrated by actor Bryan Cranston.
This time its not just one horse. Its a whole family, he said as the vehicles scaled rocks and drove through treacherous terrains. Built with the toughness of an F-Series and spirit of a Mustang; built to be the future of off roading.
The vehicles were also revealed through a partnership with Disney on ABC, ESPN and National Geographic during their 8 p.m. broadcasts. Each ad was unique to the channel and featured a special guest. Family of Broncos
The Bronco Sport is expected to begin arriving in dealerships by the end of this year, followed by the Bronco next spring. Ford began taking $100 refundable deposits for the vehicles Monday night.
Ford compared the Bronco Sport, which will be built on a different vehicle platform than the Bronco, to a Jeep Compass, a less truck-like compact SUV. The vehicle is expected to be more mainstream than the Bronco but still have off-road capabilities, according to Ford.
This absolutely belongs in the family of Broncos and will surprise and amaze people, said Dave Pericak, Fords director of icon vehicles such as the new Bronco models. Ford, according to officials, expects the Bronco and Bronco Sport to appeal to different buyers.
The Bronco, like the Wrangler, features a removable roof as well as doors that can easily be taken off, Ford said. Four-door models come standard with a cloth soft top. Two-door vehicles come with a standard three-section removable roof system.
The Bronco Sport will be powered by a 1.5-liter EcoBoost engine with a targeted 181 horsepower and 190 pound-foot of torque or a 2.0-liter EcoBoost engine projected with 245 horsepower and 275 pound-foot of torque. Both engines are paired with an eight-speed automatic transmission.
The Bronco will come standard with a 2.3-liter EcoBoost four-cylinder engine expected to deliver 270 horsepower and 310 pound-foot of torque. A 2.7-liter EcoBoost V6 engine projected at 310 horsepower and 400 pound-foot of torque also will be available. The engines are combined with a seven-speed manual transmission or 10-speed automatic transmission.
The Bronco Sport will be produced at the automakers factory in Hermosillo Sonora, Mexico. The Bronco will be produced at a plant in Michigan. Year of icons
Using the Bronco name on several vehicles is part of a larger plan by Ford CEO and President Jim Hackett to leverage the companys most recognized and iconic brands to lead its $11 billion restructuring.
Its a really big product year. I would say an unprecedented product year, Galhotra said. We are building on products that are iconic.
Ford last month unveiled the next generation of its F-150 pickup, including a new hybrid model, and announced plans to resurrect a well-known performance model of the Mustang called the Mach 1. Its also using the Mach name for the Mustang Mach-E, an all-electric crossover thats expected to go on sale later this year. An all-electric version of the F-150 also is scheduled to be released in the next two years.
Mark Grueber, Bronco consumer marketing manager, declined to comment on any potential all-electric or hybrid versions of the Bronco.
Fords Pericak said one of the biggest challenges for his icons team is balancing out the history of such well-known vehicles with more modern design elements and new tech-savvy features.
The pressure is immense. Its huge, he said. Its a constant battle to find the balance between leveraging the fantastic and rich heritage that we have with a lot of these nameplates but not living in the past. That would be a mistake.
For the Bronco, that included keeping classic design elements but adding useful features such as a new off-road navigation system, large interior screens and up to seven driver-selectable modes: normal, eco, sport, slippery and sand as well as mud or rock crawl modes for off-road driving.
Were going to separate ourselves a bit, Pericak said regarding Jeep. Were not afraid of competition. Its about time we shake this up a bit.
I would consider one of these to replace my beloved Honda Element. It was in great shape when I sold it with 309,000 miles on the clock. I would’ve kept it ‘til it died, but I was given a low mileage Honda Accord; couldn’t turn it down.
I visited the Ford website. What a jumbled, convoluted, freakin’ MESS! Just a bunch of pictures with no specs, options or anything. Just a description of the models available and nothing more. STUPID.
I did learn, almost by accident, that a manual transmission is available. YIPPIE!!! I wonder how many additional options I’d have to buy in order to be able to shift for myself.
Maybe I’m just in a bad mood today. GRRRRRRRRRRRRRRRRRRRR
I never realized that Ford discontinued the Bronco a mere 2 years after OJ’s chase and arrest. Was this coincidence, since that chase scene was plastered on tv everywhere, did Ford decide it was bad publicity for their brand and put a nail in the coffin for the Bronco at that time?
Is towing capacity. 3500 max is wimpy, needs to be at least 5,000 which is only available in the new model.
I’ll never get another Ford. Escort to EXP to Mustang to Explorer to mercury Mountaineer. Done, just done. Sure I always bought them used, but still, nonstop trouble.
I think a big issue will be the Bronco’s highway ride compared to the Wrangler. This has been the one low strength issue for all Wrangler models and kept me from being a customer.
An Xterra was better on the highway.
Interestingly, we bought a brand new full size Bronco in 1980 and it was one of the biggest lemons we’ve ever owned. The dash pad and driver’s seat material cracked the first year as well as the battery going worthless. The front driveshaft spline wore out the second year as well as the timing chain. The engine had a loose piston at 42,000. It was serviced as recommended by Ford and never off-roaded.
Tacoma’s are awesome rugged trucks.
I was always a GM fan then bought a Ford F-150 back in 96. Only thing I’ve had since is Fords. Got a 2008 F250 I won’t part with and a 2019 Escape for the wife.
Bronco looks pretty good to me but I’ll keep the F250.
That’s my understanding. They also sip gas too.
Doesn’t come close to looking like a Bronco just looks like another station wagon.
Daddy likes....
L
The Bronco line, at least at the top end, will also compete with the new Land Rover Defender models.
I hate it when I get beat to the post.
5.56mm
I get that, and a lot of people have that objection. Starting with the JK, and now the JL series, Jeep has put a lot of effort into ride comfort. For me (and many others like me), that just goes with the territory. Every year or so, Consumer Reports reviews the latest incarnations of the Jeep, and invariably complain about the ride, interior noise, etc. In short, they rail about a Jeep acting like....well, a Jeep. Serious Jeep buyers are concerned with off road performance. Everything else is secondary and acceptable trade-offs provided the off road capability is there. If people are buying primarily for on road comfort, Jeep (Wrangler series) should not be in their top five or 10. That's what the Cherokee and Grand Cherokee are for.
I have owned Ford, Chevy, Buick, BMW, Oldsmobile, Nissan, KIA, Lincoln, Plymouth, Pontiac, Vans, Sedans, Convertibles, Trucks, SUV, Compacts, Full Size, Used and NEW.
The one thing THEY ALL HAVE IN COMMON:
They break down eventually, no matter what you do.................
I drive a ten-year old Escape and it's been a great vehicle. Before that I had an Explorer for nine years and was very satisfied. Curious about this new Bronco...
You would hate my ancient Land Rover Defender then tiny four cylinder diesel. Power in off road vehicles just breaks something.
My Landy is 45+ years old and has never broken down or had a major problem and its been all over the Negev.
Even has a bullet hole from Gaza.
Goes slow. But goes everywhere.
Are Jeeps reliable? Wifey is kinda wanting one.
It’s a nice start. But if you are selling the image of the old classic Bronco, make it look like the old classic Bronco. You are not saving gas mileage so stop with the more sleek belly-button design lines. These manufacturers also have to decide what they are building a vehicle for. Do you really want to go off road? Really? Or do you just want to be able to navigate the speed bumps at the mall?
Looks more off-road ready than my Lexus GX460, but appearances can be deceiving.
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