Ford Smart Mobility LLC and Zotye sign a memorandum of understanding (MOU) to establish a joint venture (JV) to provide smart, customized all-electric vehicle solutions to fleet operators and drivers in China’s fast-growing ride-hailing market Working closely with the Zotye-Ford manufacturing JV, which will offer a range of stylish and affordable all-electric vehicles under a… Continue reading Ford Smart Mobility and Zotye to Form EV Solutions JV for China’s Fast-Growing Ride-Hailing Market
Tag: Ford
Ford CEO Hackett’s decision to dump cars ‘may prove fatal’
Ford’s new CEO, Jim Hackett, just announced a bold strategic move for America’s most enduring automaker: abandoning the car business. Hackett completely reversed former CEO Alan Mulally’s full-line strategy to focus on trucks and SUVs. A 3 percent jump in Ford’s stock price validated Hackett’s decision, but that adrenaline shot could be short-lived. Jettisoning automobiles… Continue reading Ford CEO Hackett’s decision to dump cars ‘may prove fatal’
Porsche Cayenne E-Hybrid launched with 456 bhp electrified powertrain
Porsche has launched an electrified version of the Cayenne called the E-Hybrid, which inherits technology from the powertrain of the hot-selling Panamera 4 E-Hybrid. The all-wheel-drive SUV variant uses a 3.0-litre V6 instead of the Panamera’s 2.9-litre unit (which is smaller because of a larger crankshaft that shortens the engine’s stroke) with an eight-speed Tiptronic S… Continue reading Porsche Cayenne E-Hybrid launched with 456 bhp electrified powertrain
DS to launch only electrified cars from 2025
DS has announced that it will launch only electrified cars from 2025, the same year it intends for a third of its sales to be hybrid or fully electric vehicles. “Our ambition is very clear: for DS to be among the global leaders in electrified cars in its segment,” said DS CEO Yves Bonnefont. The… Continue reading DS to launch only electrified cars from 2025
F-Series Posts Best April Results in 18 Years While New Expedition Climbs 26 Percent At Retail; New Navigator Retail Sales Jump 135 Percent
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 F-Series Posts Best April Results in 18 Years While New Expedition Climbs 26 Percent At Retail; New Navigator Retail Sales Jump 135 Percent
End doubts over diesel’s future, says Ford boss
Media playback is unsupported on your device Uncertainty about the future of diesel is threatening the UK car industry and leaving drivers in limbo, according to Ford’s UK boss. Andy Barratt said consumers were buying fewer diesel cars, fearing they were polluting and will face new taxes. However, he claimed new diesels were “every bit… Continue reading End doubts over diesel’s future, says Ford boss
Top Automotive Industry News for Week of April 23 – April 29, 2018
Here is the most important news associated with the automotive industry identified by the AEA for the week April 23, 2018 – April 29, 2018. We hope it helps you stay up to speed on the key developments in our industry: -Automotive Manufacturing News- 6 Reasons Ford CEO Jim Hackett Decided To Deep-Six Its Sedans… Continue reading Top Automotive Industry News for Week of April 23 – April 29, 2018
After death of Ford Taurus, Fusion, Fiesta, will Ford fans buy a Chevy?
CLOSE Ford Motor Company announced that it will discontinue the Fiesta subcompact car, the Fusion mid-size sedan and the Taurus full-size car in the U.S. USA TODAY A 2012 Ford Taurus. (Photo: FORD) Ford families drive Fords. Chevrolet families drive Chevys. And they often refuse to switch. Ford’s decision to cut nearly its entire car… Continue reading After death of Ford Taurus, Fusion, Fiesta, will Ford fans buy a Chevy?
Ford Torrence Plant To Stop Making Cars, Focus On SUVs
CHICAGO (CBS/AP) — After a more than 30 year run, the Ford Motor Co. plant on the city’s Southeast Side will stop making the Ford Taurus in 2019, and instead focus on pricier SUVs, the company announced. The Details: The Taurus, first produced in 1986, was once the top-selling car in the U.S. Production will… Continue reading Ford Torrence Plant To Stop Making Cars, Focus On SUVs
Vauxhall Corsa diesel axed due to low demand
The Vauxhall Corsa will no longer be offered with a diesel engine because the variant represented just 2.5% of the model’s sales. Corsas powered by the 1.3 CDTi engine were particularly unpopular with retail buyers, who account for the majority of the hatchback’s customers. In 2017, just 0.5% of Corsa retail purchases were of the diesel. This fits… Continue reading Vauxhall Corsa diesel axed due to low demand