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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. It’s crucial the redesign is a hit as Ford defends its turf in a still-growing and lucrative segment and embarks on a costly, years-long restructuring.

“To really run on all cylinders, Ford needs to have its three most important vehicles -- the F-150, Explorer and Escape -- to be very strong and fresh,” said Michelle Krebs, a senior analyst with researcher Autotrader. “Everyone criticizes Ford for not focusing on future technology, but its biggest problem has been not having fresh products.”

Ford is pulling the wraps off Explorer ahead of next week’s North American International Auto Show in Detroit, where it’s planning to detail broader cooperation with Volkswagen AG, according to people familiar with the matter. Widening the alliance, potentially to include joining forces on expensive development of electric and self-driving vehicles, would be consistent with Ford’s target to slash $25.5 billion in costs by 2022.

Related Companies: Ford India Limited   

Other Latest News
EC likely to announce Lok Sabha poll schedule in March first week: Sources
Posted on 18th January 2019
The dates for the Lok Sabha elections are likely to be announced in the first week of March, sources indicated on Friday.The term of the present Lok Sabha ends on June 3.

The Election Commission is in the process of deciding the number of phases and the months in which polling would be held, they said.


India vs Australia 3rd ODI: As it happened in Melbourne
Posted on 18th January 2019
MS Dhoni hit his third half century in as many matches while Kedar Jadhav scored an unbeaten fifty as India beat Australia by 7 wickets in the third and final match to win the ODI series 2-1.

Chasing a target of 231, India lost Rohit Sharma early. However, Shikhar Dhawan and Virat Kohli moved the score ahead. It was left to Dhoni along with Jadhav this time to take India home again.


Sun Pharma seeks Sebi help, shares plummet after whistleblower complaint
Posted on 18th January 2019
Sun Pharmaceutical Industries Friday asked markets regulator Sebi to look into the issues of certain entities and individuals allegedly adopting unfair trade practices prejudicial to the company's shareholders.

Against the backdrop of reports that a second whistleblower complaint has been filed against it and shares taking a beating on the exchanges, Sun Pharma has written to Sebi flagging concerns that certain entities are allegedly adopting unfair trade practices.


Suzuki to commission third plant at Gujarat by 2020; launch hybrid vehicles
Posted on 18th January 2019
Japanese auto maker Suzuki Motor Corporation Friday said it will commission its third plant at Gujarat by 2020 and will aggressively introduce new hybrid vehicles in India with technical support from Toyota.

Speaking here at the Vibrant Gujarat Global Summit here, Suzuki Motor Corporation (SMC) President Toshihiro Suzuki also sought an enabling policy support from the government to further invest in localisation of components of hybrid and electric vehicles.


Wipro nears 52-week high ahead of board meet for bonus issue, Q3 results
Posted on 18th January 2019
Shares of Wipro were trading firm at Rs 341 apiece, up 1.5 per cent on the BSE, in an otherwise subdued market, ahead of the board meeting today to consider bonus issue and December quarter results.

in comparison, the S&P BSE Sensex was down 0.15 per cent at 36,320 points at 11:06 am. Wipro was trading close to its 52-week high of Rs 344 hit on December 13, 2018, on the BSE in intra-day trade.


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