Ford in deal to sell electric car unit

Newswire

LONDON, Dec 20 (Reuters) - Ford Motor Co. on Thursday said it had agreed to sell its Think electric vehicle division to global electronics and engineering firm Kamkorp after its move earlier this year to dump the unit due to poor demand. The world's second largest car maker paid $23 million in 1999 for the Norway-based electric vehicle company Pivco Industries, renaming it Think or TH!NK. It has invested $100 million in the technology, in response to environmental regulations on fuel ...

Premium Content (PAID Subscription Required)

"Ford in deal to sell electric car unit" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!


For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: lwilliamson@wardsauto.com or phone: (248) 799-2642
 

Current subscribers, please login or CLICK for support information.

Already registered? here.

Sponsored Introduction Continue on to (or wait seconds) ×