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JMC and Ford form JV to run NEV business
stake.The joint venture will engage in NEVs (New Energy Vehicles), auto parts, NEV electric parts, engines dedicated for plug-in hybrid vehicles, charging piles, centralized fast charging stations, and battery swap facilities for NEVs.The joint venture company will pool resources from both JMC and Ford, revamping the existing distribution channel, selling Ford passenger vehicles manufactured by JMC. A network of 181 experience centers is distrib...
News Updated at: 2022/02/07
Ford, Hyundai and Toyota achieve top Euro NCAP rating
Ford, Hyundai and Toyota achieve top Euro NCAP rating On October 27, Euro NCAP released safety ratings for five new cars including the Ford Mustang Mach-E, Hyundai’s IONIQ 5 and Tucson, Hyundai Bayon and the Toyota Yaris Cross. The Ford Mustang Mach-E firmly secured a top five-star rating. It is equipped with a center airbag, deployable bonnet for vulnerable road user protection and a host of advanced driver assistance features, offering hig...
News Updated at: 2021/10/28
[Auto Shanghai 2021] Ford EVOS makes global debut
[Auto Shanghai 2021] Ford EVOS makes global debut On April 19, the Ford EVOS made its global debut at Auto Shanghai 2021 as the first vehicle developed under Ford’s China 2.0 plan.The all-new EVOS is Ford’s first vehicle developed largely by a China-based team and designed around the Chinese consumer experience and ownership scenarios.The EVOS will be built by Changan Ford, sold and serviced through the Ford NDSD distribution network across C...
News Updated at: 2021/04/20
LMC Automotive blog: Fim de uma era, Could the end of local production spell the end of Ford in Brazil?
LMC Automotive blog: Fim de uma era, Could the end of local production spell the end of Ford in Brazil? With our partners from Carcon, LMC Automotive organised an outlook conference in Brazil in September 2019. I shared our sales forecast with the audience, and one of my last slides was about three OEMs that were at risk in Brazil: Ford, Honda and PSA. During the presentation, a Ford employee took a picture and later told me that she immediately ...
News Updated at: 2021/01/22
Trump's latest Mexico tariffs could cost GM USD 6.3 billion, Ford USD 3.3 billion, FCA USD 4.8 billion
dually increasing by 5% monthly until reaching 25%, until Mexico ends the travel of illegal migrants to the U.S. border.A White House statement followed with "Tariffs will permanently remain at the 25% level unless and until Mexico substantially stops the illegal inflow of aliens coming through its territory."U.S. automakers in particular would face billions in lost profits from the latest tariffs on Mexican imports.Deutsche Bank estimated that 2...
News Updated at: 2019/06/01