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01-10-2014, 10:52 AM | #1 | ||
FF.Com.Au Hardcore
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"DEARBORN, Mich. -- Ford Motor plans to take its Lincoln luxury brand to the Chinese market and turn China, India and Thailand into major Asian production hubs to strengthen its presence in a region the automaker has yet to fully cultivate.
Chief Executive Officer Mark Fields announced the medium-term plan through 2020 here Monday. He stressed that the company plans to continue investing in Asia -- a region seen accounting for 48% of the global auto market in 2020. Ford aims to lift global sales volume by 50% to 9.4 million vehicles by that year and wants to expand Asian sales to one-third of the total from less than 20% today. The company grew sales by 50% in China last year by touting its compact offerings. Debuting Lincoln there is the next step. The brand is now exclusive to North America, selling just 100,000 units a year." http://asia.nikkei.com/Business/Comp...ensive-in-Asia Ford is targeting triple this figure in 2020, with the Chinese market accounting for nearly half. It will invest $2.5 billion, mainly in China, to expand dealership networks and bolster its lineup. The automaker plans to build two factories each in China and India. Similar projects will likely be added within a few years, said David Schoch, president for the Asia-Pacific region. Ford envisions an Asian output capacity of 2.7 million units a year in 2020. This is up 70% from current levels, requiring the biggest investment by Ford in the past half century, according to Schoch. But the company will not simply chase numbers, Fields warned. He appeared to have in mind the bitter lesson of five years ago, when the company nearly went bankrupt after an ill-conceived production blitz in North America. Ford plans to make China, Thailand and India its big three Asian production hubs, and to introduce efficient, mixed-model production lines picked up from longtime Japanese partner Mazda across the region by 2017.
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01-10-2014, 11:07 AM | #2 | ||
Wirlankarra yanama
Join Date: May 2006
Location: God's Country
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Reading between the lines, Ford is setting up for massive production out of China/India, all existing Ford manufacturing plants not already earmarked for closure should be worried. Everything that is not yet made in China soon will be.
Why can't "they" be truthful using plain English tell people what "they" intend to do? ("they" being all big corporations) |
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01-10-2014, 11:15 AM | #3 | |||
Render unto Caesar
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Quote:
Therefore anything said could open up legal issues, striking, bad PR, etc.
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01-10-2014, 11:26 AM | #4 | |||
FF.Com.Au Hardcore
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Of course there is no mention of Australia. Look at the production numbers predicted. Australia's contribution annually would be equivalent to a week or two of production across Asia!. JP |
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01-10-2014, 01:12 PM | #5 | |||
Wirlankarra yanama
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Quote:
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01-10-2014, 05:00 PM | #6 | |||
Donating Member
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Something like : We're closing manufacturing plants in Australia and becoming an importer ? |
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01-10-2014, 05:33 PM | #7 | |||
Wirlankarra yanama
Join Date: May 2006
Location: God's Country
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We're closing plants in EU, Africa, Americas and most of Asia. We tried to be a good corporate citizen but for all our trouble we got roadblocks such as, militant unions, free trade agreements, clean air requirements (including CO2), high corporate taxes, high wages and so on. All of which made it financially unviable to stay in the EU, Africa's, Americas and most of Asia. We hope you enjoy your new Chinese Ford, and look forward to your continuing support! |
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01-10-2014, 11:57 AM | #8 | |||
Pity the fool
Join Date: Jan 2007
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Quote:
Plus don't forget where all those China-only Fords are being engineered hmm?
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Fords I own or have owned: 1970 XW Falcon GT replica | 1970 XW Falcon | 1971 XY Fairmont | 1973 ZG Fairlane | 1986 XF Falcon panel van | 1987 XFII Falcon S-Pack | 1988 XF Falcon GLS ute | 1993 EBII Fairmont V8 | 1996 XG Falcon ute | 2000 AU Falcon wagon | 2004 BA Falcon XT | 2012 SZ Territory Titanium AWD Proud to buy Australian and support Ford Australia through thick and thin |
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01-10-2014, 12:43 PM | #9 | ||
Thailand Specials
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Maybe we would have still had the Falcon if we just designed it here and had it built in Thailand for us? It would probably be able to be sold at $29,990 DA?
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01-10-2014, 12:49 PM | #10 | ||
FF.Com.Au Hardcore
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Maybe they could have spent more on developing it, or fixing problems, but the large car market is still dying.
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02-10-2014, 11:48 AM | #11 | ||
IWCMOGTVM Club Supporter
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And if it was a global car. There wouldn't be a business case for Falcon for the Oz/NZ markets.
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02-10-2014, 11:50 AM | #12 | |||
Thailand Specials
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I guess the Mondeo covers this segment size wise in Europe too. |
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02-10-2014, 12:00 PM | #13 | ||
IWCMOGTVM Club Supporter
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Worldwide there is a market for a RWD sedan. If it went global it would be like a T6 program. So 600mil spent on Falcon instead of $50 and a slab of Vic.
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02-10-2014, 01:37 PM | #14 | ||
FF.Com.Au Hardcore
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Yes and BMW have it covered.
and funny that, a woman at my work just brought one, she didn't know it was RWD or what that meant.
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01-10-2014, 12:50 PM | #15 | ||
Oo\===/oO
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Why would an artical largly concerning China mention Austra...wait...if J Dowling wrote it then it would.
"Ford's plans for a massive investment in China follows the shut down of Australian manufacturing following rapidly falling sales of the Falcon."
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01-10-2014, 01:16 PM | #16 | ||
TuRbO
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My hand has many blisters
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01-10-2014, 04:46 PM | #17 | ||
FF.Com.Au Hardcore
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Because we're a tiny blip on the world car market. They obviously include us when they say "the region", but to be blunt we have less people on our entire continent than some large overseas cities and suburban areas.
I think it might be a case of the old Australian "hurt feelings" that people aren't talking about us all the time. We hardly rate a mention at the best of times overseas. The large sedan market is dying...it's being rapidly taken over by far more versatile vehicles like smaller sedans, hatchbacks, small and medium SUV's and twin cab utes. Times change, markets change, and woe betide the car maker who doesn't realise this until it's far too late... |
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01-10-2014, 05:23 PM | #18 | ||
FF.Com.Au Hardcore
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the good news that he doesn't mention, is that the engineering for many of those products will continue to be done in Australia.
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01-10-2014, 05:37 PM | #19 | ||
bitch lasagne
Join Date: Aug 2012
Location: Sonova Beach
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Reading between the lines makes me think that more than just assembly will move to China and India. I don't see Ford's Australian engineering division surviving past 2017-18 and such a massive investment in China/India only confirms what I've suspected.
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02-10-2014, 08:08 PM | #20 | ||
BANNED
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01-10-2014, 05:36 PM | #21 | ||
Regular Member
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Thats because its written by Dowling, wonder who he will pick on after the Falcon is gone!
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01-10-2014, 05:45 PM | #22 | ||
Former BTIKD
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I must have missed something here. Where does it mention Mr Dowling ?
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01-10-2014, 07:09 PM | #23 | ||
FF.Com.Au Hardcore
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You cannot blame ford for chasing a dollar, everyone else is having their **** built in china or asia/india and its cheaper , so you`d be silly build stuff in a country where your losing $$$$$.
This maybe of interest. http://www.thestreet.com/story/12895...ing-today.html |
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01-10-2014, 07:47 PM | #24 | |||
Boss 335
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Quote:
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01-10-2014, 08:03 PM | #25 | ||
DJT 45 and 47 POTUS
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Like it or not Australia isn't a big priority. We are 23 million people on the ar5e end of the world far away from everybody that matters.
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Falcon: 1960 - 2016 My cars Current ride 2016 FG X XR6 - 6 speed manual Previous rides 2009 FG XR6 - 6 speed auto 2006 BF MkII XT ESP - 6 speed auto 2003 BA XT V8 - 5 speed manual 1999 AU Forte - 5 speed manual 1997 EL Fairmont - 4 speed auto 1990 EAII Fairmont Ghia - 4 speed auto |
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01-10-2014, 10:06 PM | #26 | |||
Thailand Specials
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Maybe its because everyone wants a slice of the pie of screwing us over with the "Australia Tax" lol. |
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02-10-2014, 10:43 AM | #27 | ||
Cynical Idealist
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Gee, a market with billions has more influence than a market with 20 million or so?
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02-10-2014, 12:03 PM | #28 | ||
Pity the fool
Join Date: Jan 2007
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Even then the global market for a Ford branded RWD sedan would be under 100,000 units. In fact I'd bet it would be 50,000 max.
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Fords I own or have owned: 1970 XW Falcon GT replica | 1970 XW Falcon | 1971 XY Fairmont | 1973 ZG Fairlane | 1986 XF Falcon panel van | 1987 XFII Falcon S-Pack | 1988 XF Falcon GLS ute | 1993 EBII Fairmont V8 | 1996 XG Falcon ute | 2000 AU Falcon wagon | 2004 BA Falcon XT | 2012 SZ Territory Titanium AWD Proud to buy Australian and support Ford Australia through thick and thin |
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02-10-2014, 01:13 PM | #29 | ||
IWCMOGTVM Club Supporter
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Yes. But its a market with a good profit on each vehicle. Like Ranger.
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02-10-2014, 09:07 PM | #30 | ||
FF.Com.Au Hardcore
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No mass market car manufacturer makes money on just 50k vehicles. Ranger volume ex Thailand starts at 250k plus, and it is made in an auto alliance plant that makes other vehicles last time I checked.
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