Ford Hikes SUV Shipments from U.S. to China
In a few weeks Ford Motor Co. will begin shipping as many as 40,000 crossover/SUVs per year from North America to China, The Detroit News reports.
#economics
In a few weeks Ford Motor Co. will begin shipping as many as 40,000 crossover/SUVs per year from North America to China, The Detroit News reports.
The volume is roughly twice the combined number of vehicles Ford currently imports to China from all countries.
Ford says it began shipping modest numbers of American-made Explorers and Canadian-produced Edge crossovers to China earlier this year. The company also makes the EcoSport mini-SUV and Kuga (Escape) small SUV in China for sale there.
Ford sales in China are growing rapidly. But the company's volume there is only about one-third that of rival General Motors Co.
RELATED CONTENT
-
VW Warns of Higher Costs to Develop EVs
CEO Herbert Diess says the €20 billion ($23 billion) Volkswagen AG has budgeted to electrify its entire vehicle lineup won’t be enough to meet that goal.
-
Porsche Doubles EV Target for 2025
Porsche AG says about half the vehicles it sells by 2025 will be equipped with hybrid or all-electric powertrains, twice the ratio it forecast four weeks ago.
-
On Lincoln-Shinola, Euro EV Sales, Engineered Carbon, and more
On a Lincoln-Shinola concept, Euro EV sales, engineered carbon for fuel cells, a thermal sensor for ADAS, battery analytics, and measuring vehicle performance in use with big data