Tag Archives: transit

Milestones – Seven Million Ford Transit Vans

The milestone was celebrated at the official opening of a new Transit assembly plant in Nanchang, China, attended by Ford President and CEO Alan Mulally. The Jiangling Xiaolan facility is the result of a $300 million investment by Ford’s strategic partner Jiangling Motors Corporation, and produces JMC-branded vehicles and Ford-branded vehicles for the growing Chinese market. JMC is 31.5% owned by Ford. Continue reading

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Ford Adding Jobs at Kansas City Assembly

Ford Motor is adding more than 2,000 jobs at its Kansas City Assembly Plant in Missouri to meet recovering demand for the Ford F-150 and planned production of a revised Ford Transit. In the sad language of the Obama Administration’s mostly jobless recovery, only half of the jobs will be new hires at an hourly rate – when adjusted for inflation – is less then Henry Ford’s $5 a day Model T wage a century ago. Continue reading

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Milestones – 40 Million Ford Engines Produced at Dagenham

Production at Dagenham for Ford vehicles accounts for about 70% of Dagenham’s output, with the balance of more than 270,000 engines for Jaguar Land Rover, Mazda, PSA Peugeot Citroën and Volvo. Ford is in the process of phasing out its successful 12-year joint venture with Peugeot since PSA is now the process of establishing a global alliance with General Motors. All of these companies are hemorrhaging billions of dollars – or euros in Europe as the Eurozone crisis deepens. The British pound is helping Ford somewhat, but losses are projected to quadruple in Europe for the balance of 2012. Ford Europe lost $149 million in Q1, a -$449 million swing compared to 2011. Continue reading

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Ford and PSA Peugeot Citroën to Drop JV on Diesel Engines

PSA Peugeot Citroën and Ford said today that the companies have decided to independently develop and manufacture their larger diesel engines displacing more than 2-liters starting in 2015. The announcement, likely the result of the PSA and General Motors JV announced in February, ends a 12-year business relationship. Continue reading

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