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The USMCA and the Mexican Automotive Industry
i/Kia (76.7%), and Mazda (85.9%), which produce compact cars for the domestic Mexican market. In terms of vehicle types produced, the shift to light trucks (including SUVs) continues, with 76% of total production being light trucks, as companies focus on demand in the U.S. market. In contrast to Ford, Stellantis, Toyota, and Honda withdrawing from passenger car production (and GM from May 2022), more than half of Nissan’s relatively large pr...
Market & Tech Reports Updated at: 2022/04/01
Ford (Part 1): Focusing on EVs and Commercial Vehicles under the "Ford+" Business Strategy
ction of most passenger cars and production cuts caused by semiconductor supply shortages. For 2022, Ford expects wholesale volume to improve by 10-15% due to the launch of new EV models and improved semiconductor supply. In its plan to introduce new models in the U.S., with the exception of the Mustang, the company is discontinuing low profitability passenger cars and focusing on SUVs and pickup trucks. In pickup trucks, the company will add ...
Market & Tech Reports Updated at: 2022/03/30
IAA Mobility 2021: VW and Ford reveal concepts and electric cars focusing on performance
touchscreen visible Because there's no combustion engine, the area under the bonnet can be used as an extra-luggage space, offering a 81-liter space The boot offers a luggage space of 402 liters ------------------ KeywordsIAA, Motor Show, Carbon Neutral, Electric, EV, Mobility, VW, Cupra, Audi, Ford, Mustang, Seat, Cockpit Module ...
Market & Tech Reports Updated at: 2021/10/06
Ford (Part 2): Rationalization and Aggressive Product Enhancement in Europe and China
er declining in 2020, is forecasted to gradually increase to 5.37 million units in 2023 (+4.9% vs. 2019). Growth is expected to be driven by the U.S. and China, while in Europe production is expected to shift from Western Europe to Eastern Europe. This report is the second part of two reports on Ford, with Part 1 providing an overview of Ford’s North American operations and new management structure. Part 2 focuses on Ford's status in the Eur...
Market & Tech Reports Updated at: 2020/11/25
Ford (Part 1): Collaboration with VW and targeted investment under new CEO
icially appointed president and chief executive officer (CEO), succeeding Jim Hackett. Before Farley moved to Ford in 2007, he spent 17 years at U.S. Toyota where he was group vice president and general manager of Lexus and prior to that launched the rollout of Toyota’s Scion brand. After joining Ford, Farley’s responsibilities included serving as executive vice president and president of Ford Europe, Middle East and Africa, president of New ...
Market & Tech Reports Updated at: 2020/11/16
Start of USMCA and Mexican automobile industry trends
ow-priced imports for domestic sales Mexican production and export trends: OEMs shifting production to light trucks for the U.S., with about 90% for export Sales trend in Mexico: Small passenger cars account for the majority, with imports increasing Activities of OEMs: GM, Nissan, FCA, VW, Hyundai, Ford, Toyota, Mazda, Honda, etc. Production Forecast by LMC Automotive: Mexican production to below 3 mn units in 2020 and recover to 3.8 mn units in ...
Market & Tech Reports Updated at: 2020/07/17