Ford calls it quits in key Asian markets
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Lacking local manufacturing operations and vehicles in key segments, Ford is cutting its losses and withdrawing from Japan and Indonesia.
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Ford is cutting its losses in Japan and Indonesia and will withdraw entirely from both markets before the end of the year. A spokesman for the OEM told Automotive World that these markets offered the business “no reasonable path to achieve sales growth or sustained profitability,” and that market dynamics prevented it from competing effectively….
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