Even if Ford conceded it was basically giving up the small market to the Asian manufacturers ... and partners to make even half-decent compact cars like the Focus or Chevrolet Cruze.

Although small and compact cars don't seem to be as popular as some ... But, with American automakers like Ford and Chevrolet ...

Ford has admitted ... that it has a small "skunkworks" team that is hard at work on a new platform that will underpin at least two low-cost EVs: likely a midsize truck and a compact crossover.