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Changan Ford Motor to arrange electrical automobile JV with Chongqing Changan Auto

Baua Electric

Ford mentioned the project was once being shaped “to better grasp the development trend of electrification and intelligence in the auto industry.” The corporate mentioned it will handover additional main points then.

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Ford, Ford Credit introduce sustainable financing framework prioritizing EV, clean production, community investments

Green Car Congress

Ford Motor Company and its financing subsidiary, Ford Motor Credit Company, introduced the North America auto industry’s first sustainable financing framework, focusing on and paying for ambitious plans in vehicle electrification and other environmental and social areas.

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Ford extends dealership EV investment deadline

Teslarati

Ford has announced that Ford dealers will have an extra month to consider before the deadline to invest in the brand’s EV future. Ford made the news earlier this year for aggressively revitalizing its dealership system in the U.S. Ford’s new deal with its dealers is a relatively simple one.

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Stellantis Continues Snubbing North American Auto Shows

The Truth About Cars

Stellantis pulled out of last year’s Los Angeles Auto Show and the Specialty Equipment Market Association (SEMA) trade show , stating that it was trying to save money amid the now resolved UAW strike. Stellantis says dealers can decide if they want to make an appearance at subsequent trade events while corporate takes a pass.

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Ford to explore new 50:50 electric vehicle JV in China with Zotye Auto

Green Car Congress

Ford has signed a Memorandum of Understanding with Anhui Zotye Automobile Co., Ford expects the market for NEVs in China to grow to six million units per year by 2025, of which approximately 4 million vehicles will be all-electric. —Peter Fleet, Ford group vice president and president, Ford Asia Pacific.

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Opinion: Making Sense of the Stellantis Auto Show Decision

The Truth About Cars

News broke earlier this week that Stellantis would pull out of auto shows, including the upcoming Chicago Auto Show, for the foreseeable future. Now, to be clear, that decision is only from the corporate side – local dealers could still participate. Even within the past few years, Camp Jeep was a huge attraction at auto shows.

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Ford costs are ‘not competitive’ in China, announces sweeping changes

Teslarati

Ford has announced a sweeping set of changes to help make its operations in China more competitive as quickly as possible. Much like many legacy automakers, Ford has been struggling to achieve higher levels of profitability as it invests heavily in new markets and segments, notably including electric vehicles.

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