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☆ CEO of Ford's highly profitable Pro business to retire
▼ + stars: | 2024-09-12 | by ( Michael Wayland | ) www.cnbc.com time to read: +1 min

Ted Cannis, chief executive officer of Ford Pro, speaks during an interview in New York, on Thursday, July 28, 2022. DETROIT — The head of Ford Motor 's highly profitable "Pro" commercial and fleet business will retire at the end of this month, the company said Thursday. Ford Pro has been a profit-driver for the automaker. It has raked in about $18.7 billion in adjusted earnings and $184.5 billion in revenue since 2021, assisting in offsetting losses of its electric vehicles business. Such results led Wall Street to praise the business, as analysts have called it a "hidden gem" and Ford's "Ferrari ," referring to the highly profitable Italian sports car manufacturer.

Persons: Ted Cannis, DETROIT —, Andrew Frick, Ford, Jim Farley, Wall, Ferrari Organizations: Ford Pro, DETROIT, Ford Motor Locations: New York

☆ 3 major companies trying to move supply chains out of China, and how they're faring in their attempts to move away from the factory of the world
▼ + stars: | 2023-06-27 | by ( Huileng Tan | ) www.businessinsider.com time to read: +6 min

Ted Cannis, a senior executive at Ford, told the Financial Times in December that there is a "large-scale rethinking of logistics operations" across the auto supply chain. "The supply chain is going to be the focus of this decade," Cannis said. Among the companies Apple is relying on to make the Vision Pro is Taiwan's Foxconn — which is the main supplier shifting its supply chain away from China. The move was made after China's COVID-19 lockdowns rocked supply chain and production timelines, but prices are the real driving reason behind the move. "Right now, robustness of our supply chain also needs to be considered to ensure the stable procurement of parts."

Persons: —, Donald Trump, lockdowns, COVID, Ashutosh Sharma, Forrester, Ted Cannis, Cannis, China's, Wellsenn, Cowell, Liu Young, TSMC, Morris Chang, Chips, Dylan Patel, SemiAnalysis, Tim Cook, Fang DongxuFeature, Mazda, China's COVID, Masahiro Moro, ", Moro Organizations: Mazda, Service, Privacy, East, Ford, Financial Times, Apple, Vision, Apple's, Cowell e Holdings, Future Publishing, Reuters Locations: China, India, Zhengzhou, Henan, Vietnam, Mexico, Taiwan, Arizona, Nanjing, Fang DongxuFeature China, Japan Japanese, Japan

DETROIT, April 6 (Reuters) - Ford Motor Co (F.N) unveiled a new electric Courier van aimed at winning business customers in Europe, and boxing out electric van startups such as Arrival SA.47K.FThe electric Courier is part of a revamped lineup of smaller, commercial vans for the European market that will also include gasoline and diesel models, Ford said. The new Courier vans are 25% larger than the current model, and will carry heavier loads, Ford Pro chief Ted Cannis said in an interview. The electric Courier will respond to European commercial customers who operate in cities, such as Paris, where officials have mapped out plans to ban combustion vehicles from city centers, Cannis said. The electric Courier will launch next year. Separately, Cannis said Ford expects many U.S. commercial fleet customers will receive $7,500 tax credits if they buy electric Transit vans.

☆ Ford taps masses of vehicle data to stay ahead in commercial van market
▼ + stars: | 2023-03-06 | by ( Nick Carey | ) www.reuters.com time to read: +5 min

Ford, which leads the commercial vehicle market in both Europe and the United States, launched the system in 2021. Hans Schep, European head of Ford Pro, the company's commercial vehicle business, said it is already close to hitting long-term targets of increasing vehicle "up time" by up to 60%. Ford recently announced engineering job cuts in Europe, but is still hiring software experts for its data services. Data is a huge battleground for commercial vehicle makers and competition will only intensify with electric models, which are essentially computers on wheels. Starting with 2024 models, GM will provide a range of OnStar data services free for fleet vehicles.

☆ Forget the F-150 Lightning and Hummer EV. Ford and GM's real battle is for electric delivery vans.
▼ + stars: | 2022-12-11 | by ( Alexa St. John | ) www.businessinsider.com time to read: +4 min

But perhaps their real battle will happen with electric delivery vans. "But the electrification of the commercial vehicle market," he said, "I think is underappreciated." Now, government support through incentives has bolstered EV momentum, and as a result, companies looking for electric fleets will only ask for more. How electric delivery van-makers plan to nail this downFord and GM's inherent advantages over rivals include name recognition, robust supply bases, and ample resources. "We've seen over the decades how strong brand loyalty is in the commercial vehicle segment," said AutoPacific analyst Robby DeGraff.

☆ Want to live in a van down by the river? Ford has a new vehicle for that
▼ + stars: | 2022-11-03 | by ( Michael Wayland | ) www.cnbc.com time to read: +3 min

Ford says Transit Trail owners will have access to the Ford Pro network of upfitters and interior installers to create the interior space they desire. The Detroit automaker on Thursday revealed the 2023 Ford Transit Trail Van, a new lifted model of its full-size van equipped with all-wheel-drive and more durable, off-road parts for outdoor enthusiasts. Ford is touting the Transit Trail Van as a gateway into "van life," a community of travelers who fully or partially live in their vehicles. The 2023 Ford Transit Trail Van will go on sale in the spring, starting at $65,975. That's about $15,000 more than a base passenger Transit van.

☆ Ford unveils new F-Series Super Duty trucks designed to boost its commercial, software services businesses
▼ + stars: | 2022-09-27 | by ( Michael Wayland | ) www.cnbc.com time to read: +1 min

DETROIT – Ford Motor is redesigning a pivotal product lineup, leaning on new software and connected data metrics, to boost profits in its commercial vehicle business. The Detroit automaker on Tuesday revealed its 2023 F-Series Super Duty trucks, a lineup of vehicles ranging from large pickups to commercial trucks and chassis cabs that are used for emergency response, towing and plowing, and construction or utility work. Super Duty is the size of revenue of Southwest Airlines, Marriott or Nordstrom. Cannis declined to disclose revenue for Ford's Super Duty lineup, but Southwest, Marriott and Nordstrom most recently reported annual revenues of between $14 billion and $16 billion. Super Duty trucks have more than 50% market share in utility, mining, construction and emergency response vehicles, according to Ford, citing data from S&P Global Mobility.

☆ Ford se vrea lider de piaţă pe segmentul vehiculelor comerciale electrice
▼ + stars: | 2020-11-12 | by ( Publika.Md - Aici Sunt Știrile | ) www.publika.md time to read: +3 min

Constructorul auto american Ford Motor Co intenţionează să controleze o cotă semnificativă pe piaţa autovehiculelor comerciale electrice graţie unor produse precum noul E-Transit cargo van, în ideea de a ajunge la acelaşi nivel cu cel pe care îl deţine pe piaţa autovehiculelor comerciale propulsate cu motoare tradiţionale, transmite Reuters.Ford a dezvăluit joi noua utilitară E-Transit şi cu această ocazie directorul general Jim Farley a subliniat că Ford mizează pe faptul că autovehiculele comerciale electrice pot genera profituri lucrative în pofida faptului că există un număr din ce în ce mai mare de competitori, scrie agerpres.ro Ford domină deja piaţa autovehiculelor comerciale tradiţionale din SUA şi Europa cu o cotă de piaţă de 40% respectiv 15%. "Merităm aceiaşi cotă de piaţă pe segmentul vehiculelor electrice cu cea pe care o avem pe segmentul vehiculelor cu combustie internă şi credem că suntem bine poziţionaţi să ajungem acolo" a declarat directorul diviziei de vehicule comerciale din America de Nord, Ted Cannis.Potrivit directorul general Jim Farley, Ford se aşteaptă ca cererea globală pentru autovehiculelor comerciale electrice să crească până la 1,1 milioane vehicule în 2030 şi chiar dacă start-upuri precum Rivian şi Arrival au încheiat contracte pentru a furniza utilitare electrice pentru Amazon şi UPS, niciuna dintre ele nu poate egala opţiunile de produse şi servicii oferite de Ford.Noua utilitară E-Transit este disponibilă în opt configuraţii, are o autonomie de 126 de mile (aproximativ 200 de kilometri) şi are un preţ de pornire de aproape 45.000 de dolari,cu aproximativ 10.000 de dolari mai mult decât versiunea echipată cu un motor tradiţional.Alţi constructori care intenţionează să lanseze autovehicule comerciale electrice sunt giganţii Daimler AG şi General Motors Co precum şi startup-urile Xos Trucks şi Bollinger Motors.Oficialii Ford nu au dezvăluit care sunt volumele de vânzări pe care Ford le are în vedere pentru E-Transit, însă Bill Rinna, director la firma de consultanţă LMC Automotive estimează că Ford ar urma să construiască 20.000-25.000 de unităţi pe an în America de Nord.Două din cele vehicule electrice pe care Ford le-a anunţat, în cadrul unui plan de investiţii în valoare de 11,5 miliarde dolari destinat electrificării gamei de vehicule până în 2022, sunt destinate clienţilor din zona comercială: utilitara E-Transit şi noul pick up electric F-150.Ford Europa este responsabilă de producerea, vânzarea şi deservirea vehiculelor marca Ford pe 50 de pieţe individuale, având aproximativ 46.000 de angajaţi în unităţile proprii şi în asocierile în participaţie consolidate şi aproximativ 61.000 de angajaţi, dacă sunt incluse şi societăţile neconsolidate. Pe lângă Ford Motor Credit Company, operaţiunile Ford Europa includ Divizia de servicii pentru clienţi Ford şi 19 unităţi de producţie (12 unităţi proprii şi şapte asocieri în participaţie neconsolidate).

Persons: Jim Farley, Ford, Ted Cannis.Potrivit, Bill Rinna Organizations: american Ford Motor, Ford, Amazon, Daimler AG, General Motors, Ford Europa, Ford Motor Credit Company, operaţiunile Ford Europa Locations: american, Transit, SUA, Europa, America de Nord, America, operaţiunile

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