Ford Motor to Close Operations in Indonesia, Japan – Wall Street Journal

Posted: Monday, January 25, 2016

TOKYO—Ford Motor Co. will cease all operations in Indonesia and Japan by the end of 2016 because it doesn’t expect to achieve sustainable profitability in the two markets, the auto maker said Monday.

Ford, the second-largest auto maker in the U.S.—which has a 0.1% market share in Japan and a 0.6% market share in Indonesia—will close all offices and dealerships in the two countries, spokeswoman Karen Hampton said.

“It has…


Write a Reply or Comment:

Your email address will not be published.*