The Ranger, which is currently available in some foreign markets, will hit U.S. showrooms and have new styling and powertrain options in 2019. The Bronco will return to dealerships in 2020.

"This is a no-compromise, mid-size, 4-by-4 utility for the thrill-seekers who want freedom and off-road functionality with the space and versatility of an SUV," Hinrichs said. "The Bronco is capable of conquering everything from your daily commute to gravel roads and boulders."