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The Ford Kuga is a compact crossover SUV manufactured by Ford since 2008 mainly for the European market, and now in its third generation. Both front-wheel drive and four-wheel drive are offered. The Kuga was originally European-designed and sold in Europe and a few other markets, but beginning in 2012 for the 2013 model year it was marketed in ...
In 2022, the Ford Romania company was purchased by Ford Otosan and changed its name to Ford Otosan Romania SRL. The first Ford subsidiary company in Romania was founded in Bucharest in 1931 and functioned until 1948 when it was nationalized by the Communist authorities. In the 1930s the factory owned by Ford Româna could manufacture 600–700 ...
In March 2022, Ford Otosan announced that company would acquire Ford Romania. [12] Ford Otosan took over the ownership of Ford Romania's Craiova factory from Ford Motor Company on July 1, 2022, for €625 million, plus an additional €140 million to be paid in 2028, depending on the factory's production capacity .
Ford Romania: Craiova: Romania: 2009 5,581 Ford Transit Connect (2009) Ford B-Max (2012) Ford EcoSport (2017) Ford Puma (2019) Ford Transit Courier (2023) Ford 1.0 Fox EcoBoost I3 Ford 1.5 Sigma EcoBoost I4: Former Oltcit car factory acquired from Daewoo Motors in 2008. Operated by Ford Otosan since 2022. Ford Thailand Manufacturing: Pluak ...
In 2022, Ford Romania was acquired by Ford Otosan and in 2023, production of the Ford Transit Courier/Tourneo Courier started at the facility. [ 119 ] Its 1959 Anglia two-door saloon was one of the most quirky-looking small family cars in Europe at the time of its launch, but buyers soon became accustomed to its looks and it was hugely popular ...
The vehicle is based on the seventh-generation Fiesta platform (Ford Global B-car platform). [6] Production of the Puma started in Craiova, Romania (Ford Romania) in October 2019 along with the EcoSport subcompact crossover and the EcoBoost 1.0 L Fox engine used in both cars. Ford invested two hundred million euros, and employed 1,700 people on ...
[3] [4] [5] Ford said it would invest €675 million (US$923 million) in the former Daewoo car factory and that it would buy supplies from the Romanian market worth €1 billion (US$1.39 billion). [6] In September 2009, the company began to assemble the Ford Transit Connect in Craiova, and in 2012, production of the new Ford B-Max was started. [7]
On 1 March 2022, Ford Sollers suspended operations in response to the Russian invasion of Ukraine. [ 9 ] [ 10 ] On 26 October 2022, Ford sold its 49 percent share in the joint venture, and exited the Russian market, [ 1 ] adding that it retains the option to buy them back within a 5-year period “should the global situation change.