Tag: ford

Retail Asia22/11/2023
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2min0
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 4 this year The American carmaker said the software failure causes the AdBlue warning […]

Retail Asia31/10/2022
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3min0
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” project, the first Ford Fiesta was launched in 1976. Developed at […]

Retail Asia12/05/2022
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3min0
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 its two manufacturing facilities to manufacture EVs for exports and domestic markets though it […]

Retail Asia12/04/2022
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2min0
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 price of each rising by 13 percent to VND915 million. The company attributed […]

Retail Asia06/12/2021
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3min0
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 next new EV, the Ford F-150 Lightning pickup, with retail reservations approaching 200,000, Lisa Drake, chief operating […]

Retail Asia06/07/2021
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2min0
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 electric delivery trucks. It was supposed to be delivering the first tranche of 10,000 vehicles […]

Retail Asia08/02/2021
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2min0
Ford announced Thursday it is accelerating its investment in electric cars, but cautioned that the industry-wide shortage of semiconductors would pinch profits in 2021. The US auto giant, released fourth-quarter and annual results and said it plans $22 billion in electric car investment through 2025, nearly twice the earlier plan. The announcement is the latest […]


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