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The Ford Explorer was introduced in March 1990 as an early 1991 model to replace the Bronco II. As Ford sought to balance off-road capability with family use of the vehicle, [10] the Explorer underwent extensive design changes from its predecessor, though still retaining commonality with the Ranger pickup truck.
ZF Batavia joint venture was created in 1999 and was 49% owned by Ford and 51% owned by ZF Friedrichshafen. Jointly developed CVT production began in late 2003. Ford bought out ZF in 2005 and the plant became Batavia Transmissions LLC, owned 100% by Ford. Berlin Assembly: Berlin: Germany: Closed 1931 Ford Model T Ford Model TT Ford Model A
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Though the Sable was branded and marketed as a Kia, it retained the Mercury badges and emblem. Ford lost their Kia interest to Hyundai in 1998 after the 1997 Asian financial crisis. Kia had declared bankruptcy in 1997; in 1998, Hyundai Motor Company acquired 51% of the company, outbidding Ford which had owned an interest in Kia Motors since ...
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