Ford pulls out of Japanese, Indonesian markets

Monday, September 5th, 2016 - autos, cars, motoring, news

Source : Ford pulls out of Japanese, Indonesian markets

Ford will no longer trade in Japan along with Indonesia which year

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Ford to close the operations of its imports in Japan, Indonesia, according to media reports.

giant United States will shut down the Japanese agents, along with stop selling the Focus, Fiesta along with Mustang by the end of which year. which also offered brand of Ecosport, Kuga along with Explorer sport multiple uses through its agents.

also sold

Ford types Lincoln in Japan – the Navigator along with MKX SUV – which will also be withdrawn coming from the local market

According to Reuters, Ford has been the presence of retail in Japan since 1974 yet managed only to sell 5,000 cars in 2015, a smaller share of the market for completely new cars from the country. which will be believed which which would likely be about 52 agents closing along with will be made 300 people redundant.

presence

Ford along with Indonesia are also being completed which year. The newspaper quoted a spokesman for Ford said there was “no reasonable path to profitability” for the company’s operations in which country.

According to sources

Ford imported cars in Indonesia along with can not compete with the Japanese brands, which has factories from the country.

in a statement posted on the Ford Indonesia site, says local MD Bagus Susanto: “We have today announced a business decision difficult for the withdrawal of all our operations in Indonesia from the second half of which year. which includes the closure of Ford along with stop the official sale along with import of all cars Ford. “

he says Susanto Ford dealerships would likely remain open until” sometime “time in 2017 before being hand-over security along with the reform of the brand for more than a third party.

by Autocar via RSS



Source: Ford pulls out of Japanese, Indonesian markets

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