Spot gold was slightly down at $2,335.13 per gram on Monday
uae3 hours ago
“We do believe that the Ford brand has even more potential to offer value products for these markets like the tier-3, 4, 5 cities, so we have some plans in place to do that,” Joe Hinrichs, Ford Asia chief, told reporters at the Beijing auto show.
“We believe the Ford brand has the capability to go a price point lower than Fiesta,” he said. He didn’t provide specific details.
Ford makes the Fiesta, Focus, Mondeo and other vehicles in China in a three-way tie-up with Chongqing Automobile Co Ltd and Japan’s Mazda Motor Corp..
Hinrichs’ reply came in response to a question about whether Ford would make a joint venture brand with Changan.
The Fiesta model in China sells in a range equivalent to $12,300 to $17,500.
The same lower pricing could be applied to other emerging markets in Asia-Pacific, Africa and elsewhere by taking advantage of single model platforms for global sale, he said.
Spot gold was slightly down at $2,335.13 per gram on Monday
uae3 hours ago
As authorities sprang into action to drain waterlogging, tenants and homeowners had to navigate the aftermath of nature's unpredictability
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The 51-year-old recently competed in the Masters Indoor World Cup — his 10th international tournament since undergoing surgery
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Met Department advised people to take precautions during strong convective cloud activity associated with rainfall over Eastern and Northern areas
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Earlier, interest-free loans were announced for Emiratis whose businesses were affected by the rains, with a grace period of 6 to 12 months
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Following a $3 per barrel average global price increase in March, petrol prices for April increased by 12 fils per litre in the UAE
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