Core Viewpoint - Ford is restructuring its sales channels in China by establishing a wholly-owned subsidiary, Ford Sales Service Company, to manage marketing, sales, and service for its passenger cars and pickup trucks in the Chinese market, marking a significant shift in its operational strategy [2][5]. Group 1: Company Restructuring - On September 23, Ford China announced the establishment of Ford Sales Service Company, which will officially start operations on October 1 [2]. - Chen Xiaobo has been appointed as the president of Ford Sales Service Company, previously holding key positions in Changan Ford and other marketing roles [2]. - The new company will unify the sales of Changan Ford, Ford imported vehicles, and Jiangling Ford, which includes models like Changan Ford Edge and Explorer, as well as Jiangling Ford's Lingrui and F-150 Raptor [3][4]. Group 2: Financial Performance and Challenges - Jiangling Ford Technology Company has been operating at a loss since its inception, with revenues of 1.24 million, 6.43 million, and 53.23 million from 2022 to 2024, and net losses of 1.06 million, 8.39 million, and 6.77 million respectively, totaling approximately 16.22 million in losses over three years [4]. - As of mid-2023, Jiangling Ford Technology Company reported total assets of about 875 million and a negative net asset of 1.42 billion [4]. Group 3: Strategic Implications - The establishment of Ford Sales Service Company aligns with CEO Jim Farley's strategy to reduce investment in China and focus on high-return businesses, indicating a strategic retreat in the Chinese market [5]. - The integration of sales channels is seen as a necessary step to streamline operations and improve profitability, as the previous fragmented sales structure was no longer suitable for Ford's strategy in China [4][5].

US automaker Ford Motor is in the process of establishing a new wholly-owned subsidiary in China to manage its sales, marketing and aftersales operations in the country, according to local reports citing a statement by the company. The new subsidiary will be based in Shanghai and is scheduled to become operational at the beginning of October. It will be responsible for Ford’s passenger and light commercial vehicle post-production business, bringing the company’s marketing, sales and service activities un ...

据路透社9月24日报道，美国国家公路交通安全管理局发布信息显示，因转向柱上部轴可能脱落，存在 导致转向失控的风险，福特将在美国召回11.55万辆汽车。（中国汽车报） ...

9月24日，福特汽车（中国）有限公司宣布，在上海设立福特汽车销售服务（上海）有限公司，将 于10月1日运营，全面负责管理福特品牌乘用车和皮卡车型在中国市场的营销、销售和服务业务。同 时，陈晓波正式加入福特中国，担任福特销售服务公司总裁，向福特中国及福特国际市场集团总裁兼首 席执行官吴胜波汇报。 福特成立全资子公司后，福特在华的销售业务，包括长安福特、江铃福特等，将统一整合至新公司 旗下。打造一个统一的福特品牌销售和服务网络，推动福特品牌升级，推出包括在成都车展全球首发的 福特智趣烈马在内的更多新能源产品，为消费者带来更便捷的一站式销售和服务体验，并且将能够显著 提升网络的协同效率。 升级后的渠道还将打造独具一格的"福特纵横"生活体系，覆盖"体验空间"（纵横空间）、"户外生 活社群"（纵横社群）、"个性化精品改装"（纵横装备）和"车辆服务/守护"（纵横守护）四大板块，打 造户外休闲、探索、野行、野趣的生活方式，给福特用户带来"户外全场景体验"。 据介绍，陈晓波曾任长安福特新能源科技有限公司副总裁兼营销中心总经理、长安福特全国销售服 务机构副总裁等要职，并在长安汽车、雷诺中国等知名企业担任过重要管理岗位。 吴胜波 ...

Core Points - Ford is recalling more than 115,000 trucks due to a defect that could cause drivers to lose control of steering [1][2][4] - The affected models include F-250, F-350, and F-450 from the model years 2020 through 2021 [1][2] - The National Highway Traffic Safety Administration (NHTSA) reported that the upper shaft of the steering column may detach [1][2] Recall Details - The recall affects a total of 115,539 vehicles [1][4] - Ford dealers will inspect and repair or replace the faulty component at no cost to the owners [2] - Notification letters to vehicle owners are expected to be mailed on October 6, with additional letters to follow once a final remedy is available, anticipated in December 2025 [2] Related Recalls - This recall follows a previous announcement by Ford regarding the recall of 1.9 million vehicles globally due to defective rearview cameras [6] - In August, NHTSA indicated that over 355,000 Ford trucks sold in the U.S. were recalled for issues related to the dashboard display [7]

Industry Overview - The global manufacturing market is valued at $14.16 trillion in 2024 and is projected to reach $20.76 trillion by 2031, growing at a CAGR of 4.9% [2] - The shift from conventional mass production to smart manufacturing is significant, incorporating cloud computing, IoT, and AI to create intelligent production ecosystems [3] Cybersecurity in Manufacturing - Cybersecurity has become increasingly important for small and medium-sized manufacturers (SMMs) due to the rise in cyberattacks associated with digital advancements [3] Company Highlights PACCAR Inc (NASDAQ:PCAR) - PACCAR is focusing on digital transformation and autonomous vehicle technologies, with plans for $800 million in capital expenditures for 2025 to enhance fleet efficiency and regulatory compliance [8][11] - The company declared a quarterly cash dividend of $0.33 per share, indicating strong financial health [9] - PACCAR is innovating with advanced battery-electric vehicles and has made strategic investments to ramp up electric truck production [10] Ford Motor Company (NYSE:F) - Ford is accelerating its transformation towards electric vehicles and digital manufacturing, with the introduction of the Universal EV Platform and a $30,000 battery-electric pickup planned for 2027 [12][13] - The company launched a global brand campaign, "Ready Set Ford," to improve customer loyalty amid operational challenges [14] - Ford's modular manufacturing and software-defined vehicles position it for long-term competitiveness in the automotive market [15] TE Connectivity PLC (NYSE:TEL) - TE Connectivity serves multiple markets and demonstrated strong financial momentum with double-digit sales and earnings growth in 2025 [16][17] - The company expanded its North American energy footprint with a $2.3 billion acquisition, enhancing its industrial and energy segments [18] - TE Connectivity is recognized for its innovation and ethical practices, actively integrating AI and automation into its operations [19]

Ford Motor TodayFFord Motor$11.62 -0.11 (-0.90%) 52-Week Range$8.44▼$11.99Dividend Yield5.16%P/E Ratio14.88Price Target$10.53Add to WatchlistShares of Ford Motor Co. NYSE: F are now trading at 97% of their 52-week highs and carry enough momentum to increase the chances of it breaking into new highs well before 2025 is over. The reason behind the rise is apparent, but the question for investors remains: is the rally sustainable? The answer is yes, and the reasoning lies in both Ford’s operational foresight ...

9月23日晚，福特中国宣布在上海设立福特销售服务公司，未来，江铃福特与长安福特两个渠道的销售 和服务业务将合二为一。2018年，福特的渠道整合计划曾一度落空，而再次决定整合的背后，是近年来 福特在中国市场面临的转型阵痛。迈入2025年，长安福特连续数月销量下滑，电动车业务也亏损严重， 2025年二季度，福特电动汽车业务仍有着13亿美元的亏损。 业内人士指出，短期内渠道的合并可以减少内耗，提升经销商盈利能力，但这无法解决核心问题，福特 还应在中国加大产品力的投入，优化供应链和本地化生产等，最终需形成产品、渠道和营销协同的改革 方案。 渠道再迎"合体" 福特中国正在进一步进行战略调整。最新成立的福特销售服务公司，作为福特的全资子公司，将全面负 责管理福特品牌乘用车和皮卡车型在中国市场的营销、销售和服务业务。江铃汽车也同步发布公告称， 拟委托福特销售服务公司为江铃汽车生产的福特品牌乘用车和皮卡产品提供在中国的分销服务。 "理论上，整合后江铃福特与长安福特经销商可以销售福特商标的全部车型，但具体能够销售哪款车 型，福特还会根据门店服务能力等进行评估。"江铃汽车相关负责人在接受北京商报记者采访时坦言， 此次整合也意味着 ...

More than 115,000 Ford trucks are being recalled because drivers could lose control of steering, according to U.S. auto safety regulators.  A defect impacting certain F-250, F-350 and F-450 vehicles, from model years 2020 through 2021, can cause the steering column's upper shaft to detach, according to the National Highway Traffic Safety Administration.In total, 115,539 vehicles are impacted by this recall. This means the driver could lose steering control of the vehicle, the auto safety regulator said. FOR ...

Ford-150 pickup trucks are displayed for sale at a dealership on March 24, 2025 in Austin, Texas.DETROIT — Ford Motor is trying to boost sales of its crucial F-150 pickup truck before the end of the third quarter by offering special financing to consumers with less-than-perfect credit ratings.The move includes offering consumers with subprime credit — those with a FICO score below 620 — lower interest rates that are typically offered to those with quality scores, the automaker's Ford Credit financial arm co ...