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MYANMAR > US based Ford Opens Factory in Yangon

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Categories:Automotive
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US automaker – Ford – launched a car assembly plant in Yangon on July 21, 2017 with an initial capital of US$ 10 million. The new assembly plant is located in the industrial zone in east Dagon Myothit.  Ford’s partner in the venture is Capital Automotive, a subsidiary of Myanmar conglomerate Capital Diamond Star Group. Ford also […]

GERMANY > US based Ford to invest further $648Mn in its plant in Germany

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Categories:Automotive
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USA based Ford Motors is set to invest €600Mn ($648Mn) in its Vehicle Assembly Operations in Saarlouis, Germany. The investment will help Ford produce the next generation of Ford Focus cars. With this investment, Saarlouis Vehicle Assembly Operation will realize cost efficiency and productivity along with hi-tech manufacturing and energy generation.   About ...