Oct 15, 2021 10:56 AM IST
Ford had also suspended production from Oct. 11-12 at its Hermosillo plant, where it makes its Bronco Sport SUV and Maverick compact pickup.
- Oct 05, 2021 07:50 AM IST
SK Innovation’s battery unit, SK On, is also considering developing lithium iron phosphate batteries (LFP), which have an advantage in cost and thermal stability despite a lower driving range, Kim Jun, chief executive of SK Innovation and Jee Dong-seob, CEO of SK On, said.
- Sep 28, 2021 08:00 AM IST
The South Korean battery maker, which supplies electric car batteries to Ford Motor and Hyundai Motor Co, among others, has battery production sites in the United States, Hungary, China and South Korea.
- Sep 24, 2021 08:41 AM IST
The U.S. company this month said it will stop making cars in the country and end its over two-decades long presence. It took a $2 billion hit and said it does not see a path to profitability, but the auto dealers group said this has left dealers in the lurch.
- Sep 17, 2021 02:11 PM IST
The economy had been liberalised in 1991, the government was welcoming investors, and the middle class was expected to fuel a consumption frenzy. Rising disposable income would help foreign carmakers to a market share of as much as 10%, forecasters said.
- Sep 17, 2021 07:24 AM IST
The U.S. automaker said it would invest $250 million and add 450 hourly jobs across three Michigan facilities to lift production, having already garnered more than 150,000 reservations for the truck to date.
- Sep 16, 2021 02:16 PM IST
In a letter to Ford India MD President and Managing Director Anurag Mehrotra, FADA President Vinkesh Gulati pointed out the difficulties being faced by the company’s dealers across the country.
- Sep 16, 2021 01:54 PM IST
US carmaker Ford has announced to shut down production in India due to mounting losses and lack of growth. But, this was not the only reason why the company had to exit India. Watch the video to know the factors that drove Ford and other auto majors out of India, and what it means for the country.
What went wrong for Ford In India? What happens to the existing car owners? Let's find out.
- Sep 13, 2021 12:48 PM IST
Ford's exit is a loss for India, not in terms of its past performance but in terms of its promise. As we move into the era of smart vehicles and clean energy, India needs the technologies to power the new generation of vehicles
- Sep 11, 2021 09:35 AM IST
Ford had on September 9 said it was "forced" to end manufacturing operations in India and close plants at Sanand and Chennai due to "huge accumulated losses and lack of growth in a difficult market"
- Sep 10, 2021 12:16 PM IST
How did a brand known for making dynamic, performance-oriented machines come to exit India? And where does that leave its customers?
- Sep 09, 2021 09:08 PM IST
Terming the company decision as shocking, the industry body noted that the dealers have invested over Rs 2,000 crore in creating sales infrastructure while employing around 40,000 people across the country.
- Sep 09, 2021 03:11 PM IST
The decision by Ford Motor Company to shutter plants in Sanand and Chennai comes after accumulated losses over 10 years and lack of growth. At least 4,000 employees to be affected by the move.
- Sep 05, 2021 07:40 PM IST
Automakers have been considering shifting to an order-based distribution system rather than keeping huge supplies on dealer lots. But no one knows whether such a system would prove more efficient.
- Sep 02, 2021 09:14 AM IST
Elon Musk had earlier said in comedian Joe Rogan's podcast that Roadster was a lower priority and compared it to a "dessert". "We gotta get the meat and potatoes and greens and stuff," he said.
- Aug 30, 2021 11:29 AM IST
The Delhi-based carmaker had hiked prices in April and July this year.
- Jul 29, 2021 10:10 AM IST
In January 2021, Ford had called off its proposed joint venture with Mahindra & Mahindra, citing challenges caused by the COVID-19 pandemic.
- May 28, 2021 06:33 PM IST
With electric vehicles clearly set as the future of automobility, the Ford+ plan focuses on EVs and in particular the development of two bespoke platforms.
- May 26, 2021 07:45 PM IST
The US automaker announced it is increasing its investment in electrification to more than $30 billion by 2025, boosting the amount from the $22 billion announced in February.
- May 26, 2021 09:50 AM IST
The all-EV platforms are part of an ambitious multi-year, multi-billion-dollar plan the No. 2 U.S. automaker will outline to investors at its Capital Markets Day in an online event.
- May 20, 2021 05:38 PM IST
Ford claims the F-150 is capable of carrying close to 907 kg along with a towing capacity of 4.5 tonnes.
- May 20, 2021 02:34 AM IST
A memorandum of understanding about the joint venture will be announced on Thursday, the sources, who asked not to be identified, told Reuters. The deal may eventually include a jointly owned plant to make battery cells for use in rechargeable EV batteries, the sources said.
- May 12, 2021 06:55 PM IST
The Lightning brand can trace its heritage back to the 1990’s with the SVT F-150 a proper sport pickup.
- Apr 08, 2021 06:45 PM IST
Here are the best-selling sedans for March 2021
- Apr 07, 2021 02:10 PM IST
Here are the best-selling SUVs for March 2021.