MYANMAR > US based Ford Opens Factory in Yangon

Ford_Motor_Company_Logo.svg 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 worked with Capital Motors Limited More …

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

Ford_Motor_Company_Logo.svg 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 Ford Motor Company   The Ford Motor Company is More …

INDIA > Ford to Invest US$195 Million in India to Build New Technology Center

ford-logo US based car manufacturer – Ford Motors- will invest US$ 195 Million (Indian Rupees 1,300 Crore) over the next 5 years in establishing the technology and business center in Chennai, India. Through this, Ford will establish 3,000 new jobs. It plans to bring 9,000 current workers from six existing facilities located in Thoraipakkam – a southern Indian city – totaling More …