Ford Rival GM To Take $5 Billion Hit On Chinese Operations
GM, like Ford, has been having a tough time in China.
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GM, like Ford, has been having a tough time in China.
Read More »Overall inventory levels hit their highest mark since June 2020.
Read More »However, more consumers are switching to both over pure ICE, regardless.
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The new unit has already produced results for the company.
Read More »The move comes as the automaker splits itself into five distinct entities.
Read More »Dealers will be able to specialize in ICE vehicles, EVs, or even Ford Pro if so desired.
Read More »Some analysts have set targets far lower than The Blue Oval's.
Read More »Both entities will continue to work closely together, however.
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The new entity is expected to turn a profit as soon as 2022.
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The move will make it easier to raise funds for future expansion.
Read More »Ford's joint-venture partner wants to take advantage of growing EV sales.
Read More »Exceeding Ford's goal of 90 percent set back in 2018.
Read More »EcoSport and Ka models that didn't finish assembly must be destroyed.
Read More »Engineers will develop performance products for both FCA and PSA moving forward.
Read More »Essentially China, India and North America.
Read More »Daimler is betting that passenger vehicle and commercial vehicle technology will diverge in the future.
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But Ford still seems committed to continuing its Indian operations.
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The cuts are not related to the COVID-19 pandemic.
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Ford could theoretically retool Oakville to produce EVs, but no movement has taken place on the matter.
Read More »Ford says that it will defend its headcount reductions vigorously in court.
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The taskforce aims to match workers with other positions in Wales.
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It seems Ford hasn't made its final decision on closing Bridgend.
Read More »Ford says that about 12,000 jobs will be lost by the end of 2020 in Europe.
Read More »The British government says that Ford is committed to other UK locations.
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Automotive suppliers are also facing pressures.
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Scania is investing over $344 million in its factory.
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