While it's difficult for US carmaking giants to make any meaningful inroads in India, EVs could offer another opportunity to take a shot in the market of 1.4 bn people
Dealers will update brake control software. Owners will be notified starting April 18
Ford says it will have three new electric passenger vehicles and four new electric commercial vehicles in Europe by 2024, part of the automaker's continued push to grow its presence in the EV market. Ford Motor Co. said Monday that it plans to sell more than 600,000 electric vehicles in the Europe by 2026. It anticipates producing 1.2 million electric vehicles in Cologne, Germany over six years. Ford will start production of an all-new electric passenger vehicle, a medium-sized crossover, in Cologne next year. A second electric vehicle will be added to the Cologne production line-up in 2024. An electric version of the Ford Puma will be made in Craiova, Romania beginning in 2024. For commercial vehicles, the Transit will include four new electric models the Transit Custom one-tonne van and Tourneo Custom multi-purpose vehicle in 2023, and the smaller, next generation Transit Courier van and Tourneo Courier multi-purpose vehicle in 2024. I am delighted to see the pace of change in .
The automaker aims to produce more than 2 million electric vehicles annually by 2026, representing about one-third of Ford's global volume
Ford is splitting its electric vehicle and internal combustion divisions into separate businesses. The automaker said Wednesday that its plan includes two distinct, but strategically interdependent, auto businesses Ford Blue focusing on traditional combustion engines and Ford Model e, which will develop electric vehicles. Ford is already developing electric vehicles like the Ford GT, Mustang Mach-E SUV and F-150 Lightning pickup and it operates an EV division in China. Ford also has Ford Pro, which serves as a one-stop shop for commercial and government customers with a range of conventional and electric vehicles and a full suite of software, charging, financing, services and support on Ford and non-Ford products.
The recall covers certain F-250 and F-350 Super Duty pickups from the 2017 through 2022 model years. The trucks have gasoline engines and aluminum drive shafts
Shares of Ford, which is based in Dearborn, Michigan, fell 2% to $16.95 Wednesday. They have lost about one-third of their value since hitting a 2022 high on Jan. 14.
The two companies announced a non-binding agreement that could involve increasing production capacity for Ford's current lineup
Ford and Purdue University are partnering to develop a new charging station
Group Chairman Chandrasekaran, Tata Motors top-level delegation meet Stalin in a span of 2 weeks
The auto company is in the race to catch up with the electric car company Tesla
A member of a new generation of Ford family members is taking on another leadership role at the automaker.
Analysts and executives said foreigners badly misjudged India's potential and underestimated the complexities of operating in a vast country that rewards domestic procurement.
Automobile dealers' body FADA has sought clarity from Ford about the compensation structure it is working out for its dealer partners after announcing the closure of its two manufacturing plants
India is a market for low-priced cars with low running costs. The global majors don't have models that fit the bill; only Maruti and Hyundai have successful entry-level models, writes T N Ninan
Company in talks with automakers to sell Chennai plant, says govt official
'Make in India as it stands has been a failure', says the author
A senior government source on Friday said the decision in no way reflects on the business environment in the country and is rather linked to operational issues.
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Last year, Ford was in talks with Ola and M&M for contract manufacturing or for sale of both plants. It isn't clear whether the current talks are with the same companies or not