In an unprecedented move that may reshape the entire auto industry, Ford will stop building all sedans and hatchbacks and shift production to crossovers and trucks. It is, by far, the company’s most dramatic production change in its 115-year history since Henry Ford adopted the assembly line. In its first-quarter statement on Wednesday, the company… Continue reading Abandoned Car! Ford Dropping All Passenger-Car Models Except Mustang
Tag: Ford
UPDATE 3-Ford accelerates cost-cutting plan, will drop most U.S. sedans
DETROIT (Reuters) – Ford Motor Co (F.N) on Wednesday outlined a plan to cut costs and boost profit margins at a faster pace than previously announced, which includes dropping traditional sedan models in North America that have become increasingly unpopular with consumers. FILE PHOTO: A Ford worker inspects paint work on the body of a… Continue reading UPDATE 3-Ford accelerates cost-cutting plan, will drop most U.S. sedans
Volvo’s Polestar 1 luxury hybrid will cost $155,000
Polestar At the Geneva Motor Show last month, Volvo flaunted its long-range plug-in hybrid Polestar 1, which can pull with 600 horsepower thanks to its two electric motors and a 2.0 liter turbo engine. The final price on such a beast has just been revealed at Auto China 2018 in Beijing: $155,000 in the US,… Continue reading Volvo’s Polestar 1 luxury hybrid will cost $155,000
Ford Delivers First Quarter $1.7B Net Income, $2.2B Adj. EBIT; Fitness Actions Improve 2020 Outlook
About Ford Motor Company Ford Motor Company is a global company based in Dearborn, Michigan. The company designs, manufactures, markets and services a full line of Ford cars, trucks, SUVs, electrified vehicles and Lincoln luxury vehicles, provides financial services through Ford Motor Credit Company and is pursuing leadership positions in electrification, autonomous vehicles and mobility solutions.… Continue reading Ford Delivers First Quarter $1.7B Net Income, $2.2B Adj. EBIT; Fitness Actions Improve 2020 Outlook
Press Releases – Urban vehicle access regulations require EU stakeholder dialogue
Brussels, 25 April 2018 – Representatives of European cities and automobile manufacturers call on the European Commission to continue to support the ongoing dialogue between all players involved in urban vehicle access regulations (UVARs). Dialogue is necessary to assess the impact of UVARs on mobility, and to achieve a more coordinated approach across the EU.… Continue reading Press Releases – Urban vehicle access regulations require EU stakeholder dialogue
BRIEF-Ford Exec Says Expects Nearly All Future Growth In China Will Come From Locally Produced Models
April 25 (Reuters) – Ford Motor Co: * BEIJING-FORD ASIA PACIFIC PRESIDENT FLEET SAYS EXPECTS NEARLY ALL FUTURE GROWTH IN CHINA WILL COME FROM LOCALLY PRODUCED MODELS Further company coverage: (Reporting By Beijing Monitoring Desk) Our Standards:The Thomson Reuters Trust Principles. Go to Source
AUTOSHOW-Ford hopes China easing will speed up Zotye venture approval
BEIJING (Reuters) – Ford Motor Co’s (F.N) Asia head said on Wednesday he hoped recent Chinese moves to relax ownership rules in the country’s auto market would speed up regulatory approval for its electric vehicle joint venture with local firm Zotye Automobile Co Ltd (000980.SZ). FILE PHOTO – The wheel of a 2018 Ford Focus… Continue reading AUTOSHOW-Ford hopes China easing will speed up Zotye venture approval
Ford Launches Single Distribution Channel in China; Names New Leaders for China, Middle East & Africa, and Marketing
Ford and its China partners establish new single distribution operation for the world’s largest automobile market designed to significantly improve customer experience, brand consistency and efficiency Ford hires two proven auto industry leaders to spearhead its business in Ford Greater China; Henry Li as vice president, Marketing and Sales, and Richard Chen as vice president,… Continue reading Ford Launches Single Distribution Channel in China; Names New Leaders for China, Middle East & Africa, and Marketing
Volvo Cars aims for 50 per cent of sales to be electric by 2025
Volvo Cars aims for 50 per cent of sales to be electric by 2025 Volvo Cars, the premium car maker, aims for fully electric cars to make up 50 per cent of its sales by 2025, the company announced today. The announcement builds on Volvo Cars’ 2017 industry-first announcement that all new models released… Continue reading Volvo Cars aims for 50 per cent of sales to be electric by 2025
Ford Changed Leaders, Looking for a Lift. It’s Still Looking.
“When are we going to know these six?” Adam Jonas of Morgan Stanley asked. “Because I asked you a pretty straightforward question. You’re alluding to the six in your slides. You’re clearly not willing to talk about them.” Then, with a tone of exasperation rarely heard in such calls, Mr. Jonas added, “That’s a problem,… Continue reading Ford Changed Leaders, Looking for a Lift. It’s Still Looking.