Ford Canada will allow publicly traded companies to own dealerships, reversing a long-standing policy and paving the way for AutoCanada Inc. to start buying stores, should the group so choose.
Canadian Ford dealers were not surprised by the automaker's decision to stop producing sedans. In fact, some can barely recall the last time they sold a Fiesta, for example.
Inkas Armored Vehicle Manufacturing may not be Canada's biggest automaker, but it's easily the edgiest, building armoured trucks on Ford F-550 Super Duty chassis.
Raj Nair, ousted in February by Ford for unspecified "inappropriate behaviour," has been hired by Multimatic, which builds the GT supercar Ford developed under his leadership.
A flurry of new and redesigned full-size pickups entering the Canadian market, combined with more midsize trucks and offerings from Japan-based automakers, will widen the battlefront for market share in one of the industry's hottest, most profitable segments.
CEO Jim Hackett says the company doesn't intend to lose customers with decision to kill sedans in favour of SUVs and pickups; Bill Ford says he remains frustrated by lagging stock price
Ford said production of F-150 and Super Duty pickup trucks at multiple factories will be halted this week because of a fire at a supplier plant that produces instrument panels. GM, FCA and Mercedes also reported disruptions.
Ford appointed marketing executive Andrew Frick to replace Dianne Craig as director of U.S. sales while naming Craig to fill a void created by the sudden departure of two top executives at the FordDirect joint venture with dealers.
Canada's Magna International Inc. has delivered a carbon fibre subframe prototype to Ford. The supplier says the prototype will reduce weight and tooling costs and hopes to rule on mass production by year end.
Ford's decision to discontinue almost all of its car models in North America within two years will leave its Canadian operations intact, since they are focused mainly on utility vehicles.
Ford said it plans to stop selling all Ford brand sedans in North America and that it has nearly doubled its cost-cutting target by 2022 from the plan it laid out only six months ago.
Ford Motor Co. says it will make just 68 of the 2018 Mustang Cobra Jet drag strip cars, which can top 240 km/h. Ford Canada says a "very limited" number will be available north of the border.