Ford to exit Japan, Indonesia

Agence France-Presse

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Ford to exit Japan, Indonesia

AFP

Ford plans to halt operations, dealerships, and importation in the 2 countries in the second half of 2016

NEW YORK, United States – US auto giant Ford announced on Monday, January 25, that it will withdraw from Japan and Indonesia due to a weak profit outlook in the two Asian markets.

The second US automaker after General Motors plans to cease operations in Japan and Indonesia in the second half of 2016. It will close its Ford dealerships and stop importing Ford vehicles into the countries.

Ford said it would continue to provide service and warranty support in the 2 countries.

In 2015, Ford sales accounted for just 0.1 percent of the Japanese market and only 0.6 percent in Indonesia.

Ford did not say how many jobs would be affected by the move. – Rappler.com

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