Ford simply revealed this novel truck, which is likely to cost as much as US$100,000 and tow 15 tons. So the F-450 Super Duty Limited may not just price as much as a Mercedes-Benz S-class extravagance car, it can likewise tow six of them on the double. It’s the most costly mass-delivered pickup ever to drive off a mechanical production system, as per Ford.
It has a unique “glossy silk chrome” flame broil, and also control running sheets that drip down as the entryway is opened to give a simple advance up into its high taxicab. Within, the truck has loads of two-tone cowhide, genuine wood trim, warmed and cooled rubbing seats, a superior 10-speaker stereo, and a major all-encompassing moon roof with telescopic shade.
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It additionally has all the innovation you’d expect in an extravagance auto, similar to dynamic voyage control, which consequently keeps up a set separation behind autos ahead, and programmed path keeping alarms.
“This resembles an extravagance office on rolls for these clients,” Bran Rathsburg, Ford’s Super Duty Marketing Manager, told CNNMoney.
Passage’s Super Duty line of trucks, including the F-250, F-350 and F-450, are enormous substantial obligation work trucks intended for genuine towing and pulling. They’re impressively bigger and more able than the prevalent F-150 pickup. They go up against trucks like General Motors’ Chevrolet Silverado HD, the Fiat Chrysler’s Ram 2500 and 3500 trucks and GMC Sierra HD trucks.
Ford has offered the extravagant Limited trim on the F-150 for a few years now. It’s the most costly trim level on a Ford pickup. Others incorporate the King Ranch, Lariat, and Platinum.
Stock prices of Ford Motor Company have been sliding consistently in the past three years, falling considerably behind Tesla and General Motors. To combat this downswing and reinstall investors’ faith, the Ford Motor has decided to boost profits by reducing their global workforce by nearly 10%, according to the insiders of the company who have been briefed about the plan. Though the plan also includes fortifying the profits at other underperforming aspects of the core business and investing aggressively for new technology, reduction in workforce now seems inevitable.
Plan to Reduce Expenses by US$3.0 billion in 2017
As the automotive sales drop in the U.S., the proposed plan by the CEO Mark Fields is to achieve US$3.0 billion cost cutting this year itself, which should reflect as increased profitability in 2018. This move is primarily targeting the salaried employees, who are nearly 200,000 in number, half of whom work in North America and rest in other parts of the world. However, it is unclear whether the cost cutting would be achieved by reducing headcounts or by decreasing hourly workforce at the factories.
Influence from the White House
President Donald Trump has frequently pointed to automotive companies to add jobs in the U.S., which in turn means pulling back on the production units in Mexico. Ford has already scrapped a Mexican factory that was under construction until recently, promising to add 700 jobs at the Michigan facility with the saved money.
It must be noted that Ford Motor has poured significant investments into a number of new technology, such as US$4.5 billion program for electric-vehicle and development of autonomous-car concept. While these projects will boost profitability for the company in a long-term, workforce reduction is expected to boost the stock market almost immediately.
A recent research conducted by IHS Markit Data found that the Ford Mustang is the best-selling sports car on a global scale. Although the stunning sports car was introduced in the U.S. long back, the company has recently pushed the boundaries of the regional market, making it available worldwide. The result? More than 45,000 Mustang sports cars are sold in 2016, registering 101% growth from 2015.
Six New Countries to Witness Launch of 2018 Mustang
Now available across more than 140 countries of the world, customers outside the U.S. are increasingly inclined to buy the sixth generation version of the car, accounting for nearly a quarter of sales. The 2018 Mustang is expected to be launched in six new countries that include Ivory Coast, Brazil, and the Palau Islands.
Strangely enough, the IHS completely avoided specifying the definition of a sports car when it comes to its rankings. Moreover, it did not reveal data about who the first runner-up sports car in the competition is. The only confirmation received was the accuracy of Ford’s analysis. The IHS has also tracked the popularity of the Porsche 911, BMW 4 Series, the Mazda MX-5, and the Nissan 370z.
China and Germany Exhibit Greatest Demand
Sponsored by the German Federal Ministry of Transport and Digital Infrastructure and other organizations, the Ford Mustang GT is being increasingly being used as a cop car in Germany. Eclipsing the sales of Audi TT and Porsche 911, the American muscle car has been sold at a great pace in spite of the sky-rocketing fuel prices in the country. A cult hit in China, the number of Mustangs sold was more than 88,432 during January 2017. It set the best-ever monthly sales record for that year.
Flaunting the newest 10-speed transmission alongside an upgraded capacity of 5-liter V8, the car is likely to retain its popularity over the oncoming years.