On Ford's recent history from the report:
(click for larger view)
The above can be stated of the US automotive industry in general. Being close to the performance automotive industry personally, I have been amazed at the most recent Detroit Automotive show... I was terribly curious as to who was planning to purchase most of the new cars and trucks being showcased by Ford and GM?
On the topic of consumer focus, the report states:
"Currently, Ford lacks product differentiation between the three brands sold by the North American division – Ford, Lincoln, and Mercury. As a result, the divisions are cannibalizing each other’s sales. As a Merrill Lynch analyst remarked: “[Mercury and Lincoln] are mostly dressed-up versions of mass-market Fords.” "
Please see the detailed report here.