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Ford Motor Company Philippines

From Wikipedia, the free encyclopedia

Ford Motor Company Philippines, Inc.
Subsidiary
IndustryAutomotive
Founded1997
Headquarters
Area served
Philippines
Key people
PK Umashankar (Managing Director)
ProductsAutomobiles, Pickup Trucks, SUVs, Cars
OwnerFord Motor Company
Number of employees
5,000 (2013)
ParentFord Group Philippines
Websiteford.com.ph

Ford Motor Company Philippines, Inc. (FMCPI) is a Philippine-based subsidiary of Ford Motor Company. It was primarily focused on manufacturing automobiles for local and regional markets from 1998 until 2012. It built the Ford Escape, Ford Laser, Ford Lynx, Ford Focus, Mazda3, and Mazda Tribute for the Philippines, Thailand, Indonesia, Singapore, Malaysia and Vietnam.[1][2][3][4] Since 2012, Ford Philippines imports the vehicles it sells to the Philippine market.[1] These imports come mostly from Thailand and the United States.[4]

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Transcription

Contents

History

Ford's history in the Philippines can be traced back to 1913 with the local assembly of the Ford Model T.[citation needed] In 1929, Henry Ford established Pilipinas Ford Car Works, Inc. (PFCW). In 1967, Ford Philippines, Inc. (FPI) was established as a subsidiary of the Ford Motor Company and began production operations on May 3, 1968, located at Sucat, Parañaque.[5] In 1976, FPI inaugurated a body stamping plant in Mariveles, Bataan.[6] On March 20, 1984, FPI formally and unexpectedly announced it would cease its operations in the Philippines by August 1984, in accordance with a decision reached by the management of Ford Motor Company.[7]

In 1997, Ford returned to the Philippines with the establishment of Ford Motor Company Philippines, Inc. (FMCPI), introducing US-made vehicles such as the Expedition, the F-150, the Clubwagon and the Lincoln Town Car. A new P4 Billion state-of-the-art assembly plant in Santa Rosa, Laguna opened in September 1999. The first car manufactured at the plant was the Ford Lynx, and the company began building the Mazda-based Ford Ranger in March 2000. FMPCI company expanded its line-up with the introduction of the Escape SUV, Explorer SUV and Everest SUV. Towards the end of the decade, the Fiesta and Mustang were also introduced in the local market.

In 2012, Ford announced the consolidation of manufacturing operations in Southeast Asia and the cessation of operations at the Santa Rosa plant, citing "lack of supply base and economies of scale."[2][8] 250 workers were affected by the decision, which Ford Philippines tried to resolve by offering them work at other Ford manufacturing facilities overseas. Despite this closure, Ford Philippines is opening more dealerships and expanding its vehicle lineup by the year 2015.[9] On March 2014, Mitsubishi Motors Philippines Corporation announced it had acquired the former Ford assembly plant.[10]

Current models

  1. Ford Fiesta
  2. Ford Focus
  3. Ford Mustang
  4. Ford Everest
  5. Ford Escape
  6. Ford Explorer
  7. Ford Expedition
  8. Ford EcoSport
  9. Ford Ranger
  10. Ford GT (2017)
  11. Ford Transit

References

  1. ^ a b Amy R. Remo (2012-06-27). "Ford to close Philippine assembly plant". Philippine Daily Inquirer. Retrieved 2013-06-25.
  2. ^ a b "Ford Philippines to close Sta. Rosa factory in December". GMA Network. 2012-07-27. Retrieved 2013-06-25.
  3. ^ "The Ford Philippines Assembly Plant". Ford Philippines. Archived from the original on 2013-04-11. Retrieved 2013-06-25.
  4. ^ a b Alan Harman (2012-06-27). "Ford to End Production in the Philippines". Wards Auto. Retrieved 2013-06-25.
  5. ^ "Ford automotive assembly plant was inaugurated May 3, 1968". The Kahimyang Project.
  6. ^ https://www.washingtonpost.com/archive/business/1978/08/01/ford-plant-in-philippines-small-profit-large-suit/c08fcf5e-2698-4088-80a4-cdfda079b507/
  7. ^ "BusinessWorld - Ford, Dearborn, and fruitful ties". archives.bworldonline.com.
  8. ^ "Ford to shut down Philippine assembly operations". Interaksyon. 2012-06-27. Archived from the original on 2014-01-16. Retrieved 2013-06-25.
  9. ^ "Ford to shut Sta. Rosa plant". Business World Online. 2012-06-27. Archived from the original on 2015-09-23. Retrieved 2013-06-25.
  10. ^ Vera, Ben O. de. "Mitsubishi acquires Ford's former PH assembly plant in Laguna". business.inquirer.net.

External links

This page was last edited on 6 February 2020, at 09:45
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