Ford Surrenders To Japan


Ford Motor Co. yesterday said sayonara to the Japanese auto market, and selamat tinggal to the Indonesian. It did so without great fanfare, actually, the exodus came to light only after Reuters got its hands on an email sent by Asia Pacific President Dave Schoch to all employees in the region. With that, the company had to confirm that it will exit both markets by year-end. What Ford did not say good-bye to was its usual “closed market Japan” rhetoric.

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