Ford Prepared to Rethink U.K. Footprint in Case of No-Deal Brexit

Ford Prepared to Rethink U.K. Footprint in Case of No-Deal Brexit

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Business, Architecture

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Hard

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Ford announced 16 new electrified vehicles in Amsterdam, part of an $11 billion investment in electrification. The company plans to have 50% of its fleet electrified by the mid-2020s, with 20% being fully electric by 2025. Ford is also collaborating with Volkswagen on future commercial vehicles but today's announcements are independent of this alliance. Brexit and potential trade disputes pose challenges to Ford's operations in Europe. Additionally, Ford is restructuring its European operations, including exiting the passenger vehicle market in Russia and reducing shifts in Germany, to improve its bottom line.

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7 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the total investment amount Ford announced for electrification in Europe?

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2.

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3 mins • 1 pt

How many new electrified vehicles did Ford announce?

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3.

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3 mins • 1 pt

What percentage of vehicles sold in Europe does Ford expect to be electrified by the middle of the next decade?

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4.

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3 mins • 1 pt

What are the different types of hybrid vehicles mentioned in the text?

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5.

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3 mins • 1 pt

What is the significance of the collaboration between Ford and Volkswagen mentioned in the text?

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6.

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3 mins • 1 pt

How does Brexit potentially affect Ford's operations in Europe?

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7.

OPEN ENDED QUESTION

3 mins • 1 pt

What restructuring plans did Ford announce in relation to its business in Russia?

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