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JATO: Global car sales up by 2.8% in Q1 2016 due to SUV boost in China and Europe

Green Car Congress

million LCVs and passenger car units were sold across all segments globally in Q1 2016—a 2.8% The popularity of SUVs in China has been an ongoing source of growth, and the trend continued last quarter, with the country accounting for 36% of total sales in Q1 2016. in Q1 2016. JATO Dynamics reports that 20.44

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Report: Ford CEO Says China Strategy Changing

The Truth About Cars

Ford Motor Company is tweaking plans in China and seeking to turn around financial losses after five years of lackluster sales within the region. CEO Jim Farley has reportedly returned from Asia to finalize those plans, which were reiterated during a press call about Ford’s first-quarter earnings held earlier in the week.

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Ford and Volkswagen expand global collaboration to include EVs, invest in Argo AI

Green Car Congress

Ford Motor Company and Volkswagen AG are expanding their global alliance to include electric vehicles—and will collaborate with Argo AI to introduce autonomous vehicle technology in the US and Europe. Volkswagen is joining Ford in investing in Argo AI, the autonomous vehicle technology platform company. Earlier post.).

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Ford CEO Fields elected to IBM Board of Directors

Green Car Congress

The IBM board of directors elected Mark Fields, president and chief executive officer, Ford Motor Company, to the board effective 1 March 1, 2016. He is leading Ford into a future where cars are not only vehicles, but increasingly becoming mobile technology platforms. Fields joined Ford in 1989.

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Ford continues executive shuffling in wake of replacement of CEO; Marakby back from Uber to lead electrification

Green Car Congress

On Monday, Ford Motor Company announced the immediate replacement of Mark Fields as CEO by Jim Hackett, who had led Ford Smart Mobility LLC since March 2016. Ford also announced changes in roles for three top executives: Jim Farley (Global Markets), Joe Hinrichs (Global Operations) and Marcy Klevorn (Mobility).

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As Electric Car Makers Ante Up Billions, Software Is Ace in the Hole

Cars That Think

Since then Daimler , Ford Motor Company , General Motors , Stellantis and Volkswagen Group, have committed an additional $152 billion in investments, a sum four times their combined 2019 operating profits. As a comparison , in 2011, there were only two battery electric and 29 hybrid electric vehicle models offered for sale in the US.