Ford confirms it “almost pulled out of Australia” like Holden

AutoExec Summary
Ford CEO Jim Farley revealed that the Blue Oval brand almost left the Australian market, but the Ranger saved it. The Ranger is profitable in Europe, China, South Africa, and South America, and is the best-selling vehicle in Australia. Ford has scaled back its global operations, ending production of several models and withdrawing from key segments. In Australia, the company has axed the Puma and Escape, leaving only electric models and the Ranger-based Everest in its lineup.

Brands mentioned: Ford, Holden,