Ford To Cease All Operations In Japan And Indonesia By The End Of 2016

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Ford Motor Company announced that it will cease all operations in Japan and Indonesia this year since there is no reasonable profitability in the two countries.

Ford will exit all areas of business, including the dealerships and imports of Ford and Lincoln vehicles.

Ford is currently following in the footsteps of General Motors, which decided to stop making GM-branded cars in Indonesia.

"Unfortunately, this also means that our team members based in Japan and Indonesia will no longer work for Ford Japan or Ford Indonesia following the closures," said Dave Schoch, Ford Asia Pacific President.

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Story first published: Monday, January 25, 2016, 16:49 [IST]
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