Ford Archives — Page 4 of 5 — City Business News

October 27, 2017 No Responses

Ford declares $1.6 billion profit in Q3

Ford Motor Company on Thursday said its third-quarter net income rose 63 percent to $1.6 billion, helped by foreign tax credits and strong light-truck sales in North America. Ford’s revenue, pretax profit and operating margin all increased in what CFO Bob...

October 14, 2017 No Responses

Coscharis unveils Ford Assembly plant in Lagos, rolls out 600 units of Ranger

By Moses Ebosele, ebosele@hotmail.com – A leading player in the automotive industry in Nigeria, Coscharis Group, has unveiled Ford Assembly plant in Lagos. Already, the plant located at KM 32, Lekki-Epe Expressway, Awoyaya, Lagos State has rolle...

October 4, 2017 No Responses

Again, Toyota Hilux emerges best in pick-up segment, delivers 3995 units

Again, Toyota Hilux has emerged as South Africa’s best-selling vehicle as at September, 2017. Already, the Hilux has delivered 3995 units to Customers across the country. Within the period, Ford Ranger sold 2337 units, leaving Nissan NP200 in third place...

September 30, 2017 No Responses

Ford appoints soccer legend, Khumalo as Brand Ambassador

Doc Khumalo, one of the best-known names on the South African soccer scene, has been appointed a brand ambassador for Ford, and will be proudly be driving a Ford Mustang for the next 12 months. “Doc Khumalo is a legendary...

September 29, 2017 No Responses

Ford targets Saudi Arabian women with adverts

Some of the world’s biggest car makers including Ford have started advertising their vehicles directly to women in Saudi Arabia. The swift move follows the official announcement on 27 September by King Salman that the country’s ban on women drivers...

September 22, 2017 No Responses

Ford donates $20,000 to conservation organisations

Conservation and related education projects in Kenya, Mozambique and Tanzania have gained new impetus following the provision of $ 20 000 grants to leading environmental organisations by the Ford Motor Company. Ford Motor Company has donated $10 000 to the...

September 2, 2017 No Responses

Ford volunteers begin global caring month with community service projects

By Moses Ebosele, ebosele@hotmail.com – Thousands of Ford employees around the world will be venturing out into their communities this month to make people’s lives better. Indeed, September is Ford Global Caring Month. In Sub-Saharan Africa ...

August 25, 2017 No Responses

Ford, COSCHARIS delight customers with discounted service parts

As part of measures to sustain quality aftersales service with genuine parts to its numerous loyal customers, Ford and its sole dealer in Nigeria, Coscharis Motors Plc, is giving out 10% discount on some select ford parts from now till...

March 29, 2017 No Responses

Ford to invest $1.2b in new plants

(BBC)Ford has said it will spend $1.2bn (£1bn) as part of a planned upgrade of three Michigan plants. It said $850m will be spent on retooling its factory in Wayne where Ford plans to build Bronco and Ranger models. In...

March 24, 2017 No Responses

Ford projects lower 2017 profits

By Michael Martinez, BBC – Citing front-loaded product launch costs and engineering expenses, Ford Motor Company said that much of the year-over-year decline it expects from its 2017 financial performance will occur in the first quarter. Ford said...

March 4, 2017 No Responses

Ford to offer built-in moderm with wi-fi powered by Vodafone

Ford has partnered with Vodafone to bring 4G LTE connectivity to vehicles in Europe via the new FordPass Connect built-in modem and Wi-Fi hotspot capability. Incorporating an external aerial, the Wi-Fi hotspot according to a statement from Ford enables up...

September 28, 2016 No Responses

Ford confirms Coscharis as sole distributor in Nigeria

*Ends relationship with RT Briscoe – Ford Motor Company has consolidated its dealer representation in Nigeria, ending its association with local distributor RT Briscoe as of 30 June 2016, while reinforcing its partnership with Coscharis Motors Limited ...

August 27, 2016 No Responses

Ford recalls 114,000 vehicles worldwide

Ford Motor Company said it was recalling about 91,000 vehicles worldwide to replace faulty fuel-pump parts that could potentially cause a car to stall without warning. Ford, in a statement also said it was recalling 23,150 Ford Escape Sports Utility...

August 24, 2016 No Responses

Ford partners Jose Cuervo on car parts from Agave

Ford Motor Company is teaming up with Jose Cuervo to explore the use of the tequila producer’s agave plant byproduct to develop more sustainable bioplastics to employ in Ford vehicles. Ford and Jose Cuervo are testing the bioplastic for use...