Ford to Exit Heavy-Truck Business in South America

  • 📰 WSJ
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 63%

Business News News

Business Business Latest News,Business Business Headlines

Ford executives have said the company would continue to do business in the region, but “we’re going to play to our strengths in South America”

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

No cars in US. No commercial trucks in S. America. Crap sales in China and India. No profits. Flawed partnership with VW.They are pairing down the business and are being praised for it. Sounds like GE.

Of course. Brazil AG is going to boom..... if they improve their road system.

Years of share price going down. Jim Hackett continues to be a bad hire. No employees believe in him.

With US foreign policy, South America is now a strong market for Toyota pickups fortified with gun racks.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Ford exiting heavy truck business in South AmericaFord Motor Co said on Tuesday it would exit its heavy commercial truck business ... Sheeesh,brexit strikes again 🙄
Source: Reuters - 🏆 2. / 97 Read more »

Exclusive: Volkswagen, Ford far apart on investment in Ford autonomous unit - sourcesPartners Volkswagen AG and Ford Motor Co are at odds over how much the German au... They won’t make a deal Ford VW WSJ WIRED nytimes thedailybeast Hmm... 🤔 Ford wants VW to invest at least $500 million
Source: Reuters - 🏆 2. / 97 Read more »

Exclusive: VW, Ford far apart on investment in Ford autonomous unit - sourcesVolkswagen and Ford have been unable to reach agreement on whether or how much the German automaker will invest in Ford’s self-driving vehicle unit - Exclusive via benklayman davidshepardson & Jan Schwartz
Source: Reuters - 🏆 2. / 97 Read more »