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Obviously they are trying for SEXY. They were not able to use Model E because Ford still owns the trademark.

Now that they have the adjective, they could start spelling any noun they wanted.

100% shot in the dark; the line up is currently SEXY so whatever letters or words can be tacked onto that is probably what the next models will be.

He's just going to start spelling out his ex's name.

Predictions:

Model B

Model I

Model P

Model A

Model N

Model A is probably out.

Also Model T, of course. But interestingly, there was also a Ford Model S as well (https://en.wikipedia.org/wiki/Ford_Model_N)

SEXYBIPAN?

Like other car manufacturers they might just go by model years.