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No-deal Brexit to take a toll on Ford as it faces a bill of up to $1 bn
Posted on 25th January 2019
Ford Motor Co said on Thursday it faces a bill of up to $1 billion if Britain leaves the European Union without a deal, comprising World Trade Organization tariffs and the impact of a weaker pound.

The impact of Brexit on Ford, based on internal calculations, would be in the range of $500 million to $1 billion depending on a variety of factors, Ford said in a statement.


Volkswagen and Ford’s marriage leaves investors feeling jilted
Posted on 16th January 2019
Southfield/Michigan/Frankfurt: The much-anticipated alliance announcement by Volkswagen AG and Ford Motor Co. left investors feeling let down as it lacked a big-bucks plan to join forces on electric vehicles and self-driving cars.

Wall Street was hoping for a blockbuster deal, such as the billions of dollars General Motors Co. landed for its self-driving unit from Honda and SoftBank Vision Fund last year.


Ford unveils new Explorer. What is different in new SUV?
Posted on 10th January 2019
Ford Motor Co., losing ground in the sport utility vehicle business it helped pioneer, is rolling out the first redesign of its bread-and-butter Explorer since President Obama was in his first term and the auto industry was recovering from a debilitating recession.

This latest Ford Explorer—unveiled Wednesday by Executive Chairman Bill Ford at Ford Field, the stadium home to his family-owned football team, the Detroit Lions -- lands as the auto industry may be heading into another downturn.


Ford India sales down 18% to 24,420 units in December, exports fall 24%
Posted on 2nd January 2019
Ford India Wednesday reported 18 per cent decline in total sales at 24,420 units in December 2018.

The company had posted total sales of 29,795 units in the year-ago month, Ford India said in a statement.


Mahindra starts selling Ford cars in expansion of alliance
Posted on 5th December 2018
New Delhi: Mahindra and Mahindra Ltd has started selling cars of Ford Motor Co. in India as the automakers expand their alliance beyond the joint development of vehicles. For the first time, Mahindra dealers are opening showrooms for Ford cars, especially in regions where the Detroit, US-based automaker does not operate one or the existing dealer has not been able to garner sufficient sales, said two people aware of the development, requesting anonymity.

Ford India’s new models to get greater domestic flavour
Posted on 20th November 2018
Ford’s product development team in India will play an increasingly bigger role in the launch of new models in the country, according to Anurag Mehrotra, Ford India president and MD.

“India product development team is already playing a big role. Next year, we will launch our global technology and business centre. Once the centre comes into being, there will be more product development in India. In future, it will be much higher,” he said.


Ford goes local in India, aims for bigger slice of competitive market
Posted on 6th November 2018
Ford Motor Co made a profit in India for the first time in a decade in the last fiscal year, signalling that a strategy conceived two years ago by the U.S. car manufacturer for one of the world's most competitive car markets is starting to show some success.

Under an initiative called the Emerging Market Operating Model (EMOM), Ford cut manufacturing costs by 40 per cent and is developing more vehicles locally as it moves away from its "One Ford" plan


Ford to cut global workforce
Posted on 6th October 2018
US automaker Ford -- which announced a major restructuring in July -- unveiled plans Friday to reduce its workforce worldwide, without specifying the extent of the plan.

"We are in the early stages of reorganizing our global salaried workforce to support the company's strategic objectives, create a more dynamic and empowering work environment, and become more fit as a business," Ford said late Friday.


Despite Donald Trump’s tweet, Ford says it won’t make hatchback in US
Posted on 10th September 2018
Ford won’t be moving production of a hatchback wagon to the United States from China — despite President Donald Trump’s claim on Sunday that his taxes on Chinese imports mean the Focus Active can be built in America.

Citing Trump’s new tariffs, Ford on August 31 said it was dropping plans to ship the Focus Active from China to America.


Ford recalls 7,249 EcoSports for PCM software update
Posted on 8th September 2018
Ford India on Friday said it has decided to recall 7,249 petrol EcoSport vehicles, made between November 2017 and March 2018, to update powertrain software.

In a statement, the company said it is voluntarily inspecting 7,249 EcoSport petrol vehicles to update the Powertrain Control Module (PCM) software.


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