Ford EcoSport quits the U.S. market in 2022

Ford recently announced its exit from the retail automotive market in India after 25 years on dealer lots there. One casualty of the move is Ford’s pocketbook, the automaker already having lost $2 billion over the past 10 years and taking another $2 billion in charges tied to the move over the next several years. […] September 12, 2021 at 07:02AM

Comments

Post a Comment

Popular posts from this blog

Sustainability

Ground-breaking investment in Sustainable Aviation Fuel, opening a new phase of sustainability commitments for the team. Industry-leading approach to reducing our Scope 3 aviation carbon footprint in line with science-based targets, demonstrating the power of technology to enable our journey to Net Zero. A key pillar of our commitment to achieve 50% reduction of Scope […] July 19, 2022 at 12:00AM
Keep reading

Mercedes-Benz prepares car production network for new electric portfolio

Mercedes-Benz prepares its highly flexible production network for “electric only”: Management and employee representatives reach consensus on future European production setup Top End Luxury: Sindelfingen, the lead Mercedes-Benz plant for high end vehicles to produce models based on the AMG.EA platform (AMG Electric Architecture) from 2025 Core Luxury: The Mercedes-Benz plants in Bremen, Germany and […] June 30, 2022 at 12:00AM
Keep reading