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In 2013, Changan Ford opened a new engine plant in Chongqing with an investment of US$500 million. [4] Changan-Ford revealed the Jiayue sub-brand in May 2014. On 18 June 2014, Changan Ford opened its transmission plant in Chongqing with an investment of US$350 million. This is the first transmission plant for Ford in the Asia-Pacific region. [5]
It was built as a partnership between Ford Motor Company, which supplied a stripped-down, right-hand drive Ford Explorer chassis and drivetrain, and Utilimaster, which built the aluminum body and integrated it with the chassis. The FFV can operate on either unleaded gasoline or E85 ethanol-blended fuel using the Ford 4.0 L Cologne OHV V6 engine.
The firm also issues commercial paper and other debt instruments on Ford's behalf. Ford Credit also owns Lincoln Automotive Financial Services, the arm that finances Lincoln vehicles. Ford earned $2.63 billion EBIT with its Ford Credit segment in 2018, up from $2.31 billion in 2017. 2018 was the segment's highest full-year EBT in eight years.
DETROIT (Reuters) -U.S. automakers Ford Motor and General Motors will donate $1 million each, along with vehicles, to U.S. President-elect Donald Trump's January inauguration, company ...
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Harry Herbert Bennett (January 17, 1892 – January 4, 1979), was a boxer, naval sailor, and businessman.From the 1920s through 1945, he worked for Ford Motor Company and was best known as the head of Ford's "service department", the company's internal security agency.
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