Ford to roll out 25 new models in Africa and the Middle East by 2016

Article by Andrew Christian, on July 20, 2014

Ford Motor Co. plans to launch 25 new models in Africa and the Middle East by 2016, in line with its projection that the driving age population in the region will surge 31 percent by 2023 to 1.7 billion people. Lined up for the market are Ford Mustang, Fusion and other models in the region.

Jim Benintende, head of Ford's operations in the Middle East and Africa, said the carmaker expects overall auto sales in Africa to expand by 40 percent in the next six years to 2.1 million vehicles.

Aside from the 25 new models, Ford will also introduce new technology like its voice-activated Sync communications system and its turbo-charged engines. Benintende told Bloomberg in an interview that Ford is seeing significant opportunity in Africa, adding that the region will be growing over the next few years.

Ford is planning to roll out 17 new models in South Africa and Sub-Saharan Africa in the next two years, including right-hand-drive versions of the Mustang, Fusion and Focus in 2015. The carmaker expects the driving-age population in the continent to grow 55 percent to 840 million people by 2023.

Jeff Nemeth, head of the Ford’s South African operations, said that the launch of five new models in the country last year pushed sales by 40 percent. It allowed the carmaker to hike its market share in South Africa from 7.7 percent in 2012 to over 10 percent in 2013.

So far in 2014, Ford controls 11.5 percent of the South African auto market, although it remains behind Toyota Motor Corp. and Volkswagen AG. Nemeth told Bloomberg in an interview that Ford intends to keep growing in South Africa.

The US carmaker posted a 15-percent hike in pretax profit in the Middle East and Africa in the first quarter to $54 million. [source: automotive news - sub. required]

Topics: ford, africa, middle east

If you liked the article, share on:

Comments

Login or Create new account to add a comment!

Recommended

Bentley Motors has just released the specs of the new Bentayga Diesel. Obviously, we couldn’t wait to share it here since it’s the first ever diesel model to come out...
by - September 26, 2016
A big chunk of Volvo Cars’ legacy in developing the most durable and capable car is evident in its latest Cross Country collection. Suffice it to say, our planet has...
by - September 21, 2016
Just very recently, we were all delighted to finally see a Bugatti Chiron out in the streets casually hanging around Cannes in France. The said car was purchased by a...
by - September 9, 2016
Earlier this year, Aston Martin wowed the world with a stunning concept car – the Vanquish Zagato. The concept made its first appearance in May during the Concorso d’Eleganza Villa...
by - September 7, 2016
Lamborghini has always been known to be the home to exotic supercars. The Italian automaker’s production facilities have hosted uniquely designed and powerful show-stopping supercars. It all started with the...
by - September 5, 2016