Ford To Launch More Than 30 New Models In China Over Next 3 Years

Ford Motor plans to launch more than 30 new models in China over the next three years of which over a third will be electric vehicles, the U.S. automaker said on Wednesday, as it seeks to reverse slumping sales in the world’s top auto market. Ford had said previously it would launch 50 new or significantly redesigned vehicles in China starting in 2018 and through 2025, and Wednesday’s announcement provides more clarity on the timeline. Its China operations chief Anning Chen said the automaker is committing itself to improving its relationships with Chinese joint-venture partners and localising its management teams by hiring and promoting more Chinese nationals and global talent with Chinese expertise, among other initiatives. The new plans are intended to “enable us to gain the momentum to break through” in the marketplace, Chen told a small group of reporters.

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 It’s the biggest market in the world. It’s a smart move for business, but it comes at the cost of neglecting its home market...

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Generally, all big automakers, american and european know they have to sell cars in China in order to thrive, so Ford, Daimler and General Motors (GM) are all going electric. From before, it's known Ford will have 16 new EVs by 2022....

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Nice. Even amid trade tension, business is growing up... 

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Double standards: closing down locations and firing workers in U.S., and making cars in China... 
Wondering, why?  Maybe, something's wrong with economic policy...

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Automakers operate on a global scale, and Ford was not profitable or didn’t make their goal last year.  Of course, Ford doesn't want to be dinosaur...

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GO FORD !!  Do business in China like a Chinaman would do business !!  Do business in the US as US people do.  

AND DON'T MIX THE TWO !!   

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5 hours ago, rainman said:

Double standards: closing down locations and firing workers in U.S., and making cars in China... 
Wondering, why?  Maybe, something's wrong with economic policy...

America has something like 400 million autos and a population (including roughly 35% children) of about 325 million. China has 1.3 billion people and less than 100 million autos. Do the math

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Car sales in China dropped 6% in 2018 and the trend is worsening with double digit drops in January and February 2019.

https://focus2move.com/chinese-auto-market/

But EV sales are still on the rise (+78% in 2018).

So Ford should better bet on the electric models.

On Ford electric cars, past present and future https://insideevs.com/ford-ev-history-future/

 

 

 

 

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