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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 outlines China expansion strategy; SUVs, EVs and connected vehicles; 50+ new Fords and Lincolns by 2025

Green Car Congress

In Shanghai, Ford Motor Executive Chairman Bill Ford and CEO Jim Hackett outlined the next phase of the company’s China expansion strategy, focused on SUVs, electric and connected vehicles, a streamlined business structure and closer connections to Chinese customers. The progress we have achieved in China is just the start.

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Ford to vary China technique, Farley says

Baua Electric

Farley stated the patch left-overs key to Ford. ” Previous this future Ford shook up its China management group, selling Sam Wu to CEO following the departure of Anning Chen. .” ” Previous this future Ford shook up its China management group, selling Sam Wu to CEO following the departure of Anning Chen.

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Ford sources battery capacity and raw materials for 600K EV annual run rate by late 2023, 2M by end of 2026; adding LFP

Green Car Congress

Ford announced a series of initiatives for sourcing battery capacity and raw materials that light a clear path to reach its targeted annual run rate of 600,000 electric vehicles by late 2023 and more than 2 million by the end of 2026. Ford announced that Contemporary Amperex Technology Co.,

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Ford and JMC to enter heavy truck business in China with major acquisition

Green Car Congress

Ford Motor Company’s commercial vehicle investment in China will expand into the heavy truck business through a major acquisition: Jiangling Motors Corporation (JMC)—in which Ford holds a 30% stake—will buy a 100% stake in Taiyuan Changan Heavy Truck Company. —Dave Schoch, chairman and CEO, Ford Motor China.

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Ford researchers: global light-duty CO2 regulatory targets broadly consistent with 450 ppm stabilization

Green Car Congress

In the study, the Ford team derived regional CO 2 targets for new LDVs while still providing an integrated view of the global LDV fleet—a perspective critical to the planning needs for global automotive firms. With fuel actions, the China glide path is relaxed from 4.5 The SMP model calculates 2000?2050 to 5% YOY to 3.5%

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Ford files a small SUV patent targeting emerging markets. Will it come to India?

Baua Electric

By: HT Auto Desk | Updated on: 31 Mar 2024, 08:59 AM Ford is gearing up for a comeback in the Indian market with the launch of a new small SUV, tailored to meet the changing demands of Indian consumers. Ford has been a subject of keen interest lately due to speculation surrounding its return to India. What’s in store for India?

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