Branded for Life? A New Taurus Heads Upmarket†

Wall Street Journal, August 5, 2009 — The federal “Cash for Clunkers” program lured consumers out of their bunkers and into showrooms. Now, car makers need to get their cars on all those hastily assembled shopping lists—a challenge Ford Motor Co. is confronting right now with the launch of its new Taurus.

Ford is repackaging the Taurus—a brand considered so uninspired a few years ago that Ford retired it—as a technology-laden, European-style sports sedan with features normally found on luxury brands and a price tag that can push above $37,000—the lower reaches of BMW 3-series territory. It’s a risky, costly venture.