Minjun ParkAutomotive
Asian Automakers Take over Half of US Market as Detroit Drops to 36%
Toyota narrowed the gap with market leader General Motors during the third quarter as American consumers turned to hybrid vehicles.
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ford
Every story tagged ford on RetailNews Asia: reporting, analysis and market signals from across Asian retail and e-commerce.
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Aiko TanakaAutomotive
Ford Issues Recall of 21,100 Vehicles in Vietnam Due to Screen Malfunction Issues
American automaker Ford is initiating a recall of more than 21,100 vehicles in Vietnam due to issues with infotainment screens that unexpectedly crash while displaying images from the rearview camera. Screen Failures Raise Safety Concerns This particular…
Maria SantosAutomotive
Ford recalls nearly 1,200 Everest, Explorer SUVs
Ford has recalled 1,182 Everest and Explorer SUVs in Vietnam for engine control module software failure and a rearview camera display error. The Everest recall involves 185 vehicles, all produced at Ford’s factory in Thailand between June 28, 2022, and April…
Maria SantosAutomotive
Former bosses of Ford Vietnam, Be join transport firm Tasco
Pham Van Dung, former CEO of Ford Vietnam, and Nguyen Thien Minh, co-founder of ride-hailing app Be, have taken up jobs at transport services provider Tasco. Dung has become chairman of SVC Holdings, a Tasco subsidiary and Vietnam’s biggest car distributor…
Maria SantosAutomotive
Ford recalls over 3,200 Everest, Explorer cars for multiple problems
Ford is recalling more than 3,200 Everest and Explorer SUVs to fix a battery fault, incorrectly installed exhaust filters, and faulty camera control software. In the case of the Everest, 1,256 cars manufactured between Nov. 24, 2021, and Feb. 3, 2023, have a…
Aiko TanakaAutomotive
Ford Fiesta Production To End In June 2023
There has already been speculation about it, now it’s official. After 47 years and over 18 million units, production of the Ford Fiesta will end in the summer of 2023, as electric vehicles are on the brand’s agenda in the future. Developed as the “Bobcat”…
Wei ZhangAutomotive
Ford India Makes Final Settlement Offer To Chennai Factory Workers
Ford India has made the ‘final’ settlement offer to the workers of its Chennai plant, offering a deadline of September 23, 2022 to accept it. The American carmaker, who announced its plan to stop manufacturing vehicles in India last year, has continuously…
Maria SantosAutomotive
Ford Appeals For 100 Per Cent All-Electric Vehicle Sales In Europe By 2035
Ford Europe together with 27 companies has joined an appeal to the European Union (EU) to ensure all new cars and vans in Europe are zero-emission from 2035 and to establish mandatory targets for charging infrastructure. The appeal insists that removing…
Rajiv MenonAutomotive
Ford Shelves Plans To Manufacture EVs In India
Ford India has shelved its plans to manufacture EVs in India. The carmaker had as part of its ongoing business restructuring applied for the Indian Government’s Product Linked Incentive (PLI) scheme. Under the PLI scheme, Ford had considered utilizing one of…
Sarah ChenAutomotive
Ford dealer reports 36-fold profit increase
City Auto Corp, Vietnam’s largest Ford dealer, reported profits of VND51.8 billion (US$2.27 million) last year, a 36-fold rise from 2020. But it sold only 4,580 vehicles, 29 percent fewer than in 2020, and the increased profitability was due to the average…
Sarah ChenAutomotive
Ford Says European Production Hit By Chip Shortage, Ukraine Conflict
Ford Motor said on Monday vehicle production and orders in Europe have been hit by the global semiconductor shortage as well as the conflict in Ukraine. The U.S. automaker said it will idle its German plants in Saarlouis and Cologne, mostly due to the global…
Aiko TanakaAutomotive
Ford Aims To Be World’s Second Largest Electric Vehicle Maker Within Two Years
Ford Motor expects to be the world’s second-largest electric vehicle manufacturer within two years, with an annual production capacity of nearly 600,000, a top company executive said Friday. The automaker’s optimism stems from the increasing demand for its…
Aiko TanakaAutomotive
Ford Mustang Mach-E Production Delayed Because Of Global Semiconductor Shortage
Ford is delaying shipments of Mach-E electric vehicles due to the global chip shortage that’s causing problems across all manner of industries. The company told affected owners their deliveries will be delayed by at least six weeks. In an effort to make up…
Rajiv MenonLogistics
Rivian’s Amazon Delivery Vans Hitting Mass Production
Rivian is one of the hottest EV startups doing the rounds. It has deep pockets thanks to investments from Ford, Amazon, and many venture capital firms. Amazon’s investment in Rivian originally was $700 million which entailed the startup producing 100,000…
Aiko TanakaAutomotive
Volkswagen, Ford To Exit Auto Finance Business In India
The auto financing arms of Volkswagen AG and Ford Motor Co plan to stop giving new credit to car buyers and dealers in India and will exit from the country, sources aware of the development told Reuters. Volkswagen Finance Private Ltd, the German carmaker’s…
Maria SantosAutomotive
Ford To Decide On India Investment Plan In Second Half Of 2021
Ford Motor Co expects to firm up capital allocation plans for India in the second half of 2021, a senior executive said in an email to staff, as the automaker overhauls its strategy in a loss-making market. Dearborn, Michigan-based Ford has tasked senior…