Ford’s Monday announcement proposed many plans: nine EVs by 2024, aims to be all electric in Europe by 2035, and a new EV plant in Turkey. However, the presentation left some issues unaddressed. What were they and what are the possible answers:
This was one of the most interesting elements of the announcement from a business point of view. Ford Otosan makes Transits for Ford in Turkey and very successfully, too, supplying a growing demand for Ford’s vans across Europe .
Moving the ownership of Craiova to Ford Otosan places it in the Ford Pro division, despite it still making Puma. Ford’s commercial vehicles division is profitable and its Romanian plant, with its lower production costs compared with Germany, is very likely profitable, too , so that will look good on Ford Pro’s books come financial results time. Craiova could also conceivably supply Volkswagen with small vans within the two companies’ van-swap relationship.
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