Ford: More Lincolns to Be Built for Chinese Market Locally

Ford: More Lincolns to Be Built for Chinese Market Locally - Sahabat Artis Media, kali ini Artis Media akan memberikan informasi penting , viral dan terupdate tentang artis - artis mancanegara dengan judul Ford: More Lincolns to Be Built for Chinese Market Locally yang telah kami rangkum semenarik mungkin untuk menemani dan mengupdate wawasan anda tentang artis atau selebriti kesayangan anda. Semoga informasi dari Artis Media yang telah kami sajikan mengenai tentang informasi Hiburan, dapat menjadikan anda lebih berwawasan dan mengetahui tentang artis idola anda. Tidak lupa Artis Media menyampaikan untuk selalu ikuti informasi dari kami yang menarik, informatif dan ringan mengenai berita - beita artis hanya di Artis-Media.

Judul : Ford: More Lincolns to Be Built for Chinese Market Locally
link : Ford: More Lincolns to Be Built for Chinese Market Locally

Artis-Media with

Ford Motor Co plans to start production of new luxury Lincoln models in China for that market as they are launched, starting with the new Corsair later this year, to benefit from lower costs and avoid the risk of tariffs, a top executive said Monday.

"It's a huge, huge opportunity for Lincoln because we see China as ground zero for Lincoln given the size of the market and how well the brand has been received," Chief Financial Officer Bob Shanks said at a Goldman Sachs conference in New York.

Ford has lower levels of localized production than rivals General Motors Co or Volkswagen AG, who make more vehicles in China for Chinese consumers, benefiting from lower labor and material costs, and avoiding tariffs in the burgeoning trade war between the United States and China.

Shanks said all new Lincoln models, with the exception of the Navigator assembled in Louisville, Kentucky, will also be produced in China.

He declined to say how much Ford will save through localized production.

Ford has been struggling to revive sales in China, the automaker's second-biggest market. Ford sales slumped 37 percent in 2018, after a 6 percent decline in 2017.

Shanks said that all of the problems the automaker experienced in China last year were related to the Ford brand, not Lincoln, which is popular with Chinese customers.

Let's block ads! (Why?)

Ford: More Lincolns to Be Built for Chinese Market Locally
Baca Selanjutnya

Demikianlah informasi dari Ford: More Lincolns to Be Built for Chinese Market Locally

Semoga berita dan informasi artis berjudul Ford: More Lincolns to Be Built for Chinese Market Locally kali ini, dapat memberi manfaat untuk anda semua. Baiklah, sampai jumpa di postingan artikel berita dan informasi artis lainnya.

Anda sekarang membaca artikel Ford: More Lincolns to Be Built for Chinese Market Locally dengan alamat link https://artis-media.blogspot.com/2019/05/ford-more-lincolns-to-be-built-for.html

Tweet

Subscribe to receive free email updates: