Ford has long been losing ground in the European market: while in 2005 the company sold more than 1.2 million cars and held an 8.3% share, in the first ten months of 2025 it sold only 256,750 vehicles, accounting for 2.9% of the market, according to ACEA. After discontinuing the Ka, Fiesta, Focus, and Mondeo, the American brand was left without mass-market models and has been forced to look for partners. As Motor1 reports, Ford is now moving to a new stage of cooperation — its future electric vehicles for Europe will be engineered and produced by Renault at factories in northern France.
The company already had a partnership with Volkswagen, creating the Explorer and Capri using the ID.4 and ID.5 platforms. But the next generation of models will be entirely “French” in terms of engineering.
According to the plan, Renault will develop two models for Ford on the Ampere platform. The first electric vehicle will debut in early 2028. Both cars will be compact, as they will be based on the AmpR Small or AmpR Medium architectures — the same ones used for the Renault 5, Renault 4, Alpine A290, the electric Megane and Scenic, as well as the Nissan Micra and Ariya.
Ford promises that despite their French “core,” the vehicles will retain “true brand DNA” and be noticeably different from Renault models. This suggests deeper customization than with the Micra, which is essentially a rebadged Renault 5. Logically, one model will be a hatchback, the other — a compact electric crossover.
However, these new models will not be direct successors to the classic Ka, Fiesta, Focus, or Mondeo — those were gasoline-powered, while the new ones will be fully electric and therefore more expensive. As a result, Ford is unlikely to regain its previous sales volumes.
In addition to passenger cars, Ford and Renault have also signed a letter of intent to develop a new generation of small commercial vans.
Ukraine is ready to move forward with the privatization of major state-owned companies, including the sale of a 25% stake in Energoatom. This was stated by Minister of Economy, Environment and Agriculture Oleksii Sobolev on the sidelines of the World Economic Forum in Davos. “We have to be ready for privatization, but this also requires […]
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Porsche has reported its largest annual drop in sales in the past 16 years, Bloomberg reports. In 2025, the automaker delivered 279,449 vehicles to customers, a 10% decline compared with 2024. The last time Porsche experienced such a sharp contraction was in 2009, when the global financial crisis caused demand to collapse by 24%. China […]
OpenAI and Microsoft have lost their final attempt to have Elon Musk’s lawsuit dismissed, Bloomberg reports. A federal judge in Oakland, California, rejected the companies’ motion to terminate the case and ruled that it should proceed to a jury trial. The trial is scheduled to begin in late April. Musk alleges that OpenAI’s leadership, headed […]
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At railway stations operated by Ukrzaliznytsia, 97 “Points of Invincibility” are already in operation, with another 50 set to open soon. The company noted that the Points of Invincibility are open around the clock. “Here people can warm up, rest, and recharge their phones and other gadgets. All points are equipped with backup power, stable […]
The value of bitcoin reached $ 50,000 on August 23. The last time cryptocurrency was traded at this level was on May 15. According to Coinmarketcap, which compares the data of the largest exchanges, bitcoin exceeded 50.1 thousand, rising by 2.6 percent per day. Other cryptocurrencies are also growing: Ethereum, Binance Coin, XRP and others. […]
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Lactalis dairy products manufacturer has signed an agreement with the Italian company Parmalat – one of the main competitors of the French group in Europe. According to official information, it is about the acquisition of more than 12.2% of the shares of Parmalat: the value of one security is 2.8 dollars per piece. It should […]
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The Ministry of Economy, Environment, and Agriculture is conducting an evaluation of the National Cashback program in order to revise its terms for the next year. This was announced by Minister of Economy Oleksii Sobolev. “As we agreed last year, we are reviewing the first year of the program’s operation, assessing how it works across […]
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According to Interfax-Ukraine, State fiscal service members have blocked work of Delta Wilmar CIS entity in Odessa region.Representatives of tax police have blocked entrances on Delta Wilmar CIS LLC which is one of the largest producers of fat-and-oil products in Ukraine. Aleksandr Podprugin, the deputy director of Delta Wilmar CIS LLC, confirmed that tax specialists […]
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Warren Buffett’s US company – Berkshire Hathaway intends to invest more than $ 570 million in Snowflake, a cloud technology company. It was reported after Snowflake announced a price range for its future initial public offering. The company wants to get the estimate of $ 23.7 billion, writes the Financial Times. Snowflake said that during […]
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Ukrainian IT company the Archer Software has announced an agreement with the American company Cprime. This was reported on the company’s website. The amount of the deal is not disclosed, but the publication Ain says, “According to experts, 100% of the company could be valued at 5-8 million dollars.” But the transaction amount may vary […]
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Lego plans to open 120 new stores in 2020, according to Retail Gazette. The company reported sales growth in the first half of the year. In quarantine kits were very popular, in particular, among adult consumers. “About 80 new outlets will be located in China. Now the company has 612 stores worldwide,” – said Lego […]
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Centerenergo has paid more than 475 million hryvnias to the mines since the beginning of the month and has no debts, according to the company’s website. As you know, Centerenergo – the only consumer of coal from state-owned mines, buys almost the entire volume of their production under direct contracts. “However, the current purchase price […]
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Mondelis Ukraine company (Kraft Foods Inc.) has invested $ 9 million in the purchase of new technical equipment for Trostiyanetska chocolate factory and started export of its products in 12 EU countries. The company also plans to increase the quantitative measure of the supply on the European market and in the countries of the Arabian […]
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The attractiveness of Ukraine for many foreign investors has been very high and still remains so. However, due to a number of circumstances, the business climate is not yet conducive to the inflow and growth of investment. The main investors in Ukraine are the Netherlands, Germany, the Russian Federation, Austria, the United Kingdom, the British […]
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Radisson Hotel Group has plans to more than double its serviced apartments portfolio within the next 5 years across EMEA. Today, serviced apartments represent around 10% of the Group’s EMEA portfolio with 45 properties and more than 5,400 units in operation and under development. Radisson Hotel Group operates its serviced apartments as a stand-alone or […]
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The net loss of the second largest American oil and gas company Chevron, which accounts for the parent company, in the first nine months of 2020 amounted to 4.878 billion dollars against a profit of 9.534 billion dollars a year earlier, the company said. The diluted loss per share was $ 2.63 against earnings of […]
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Precious metals began 2026 on a stronger note amid expectations of U.S. interest rate cuts and persistent global risks, Reuters reports. Spot gold rose 1.7% to $4,387.58 per ounce after declining at the end of 2025. U.S. gold futures for February delivery gained 1.3% to trade at $4,399.20 per ounce. Analysts link the gains to […]
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The Kyiv Administrative Court of Appeal found guilty the National Bank of Ukraine (NBU) in bankruptcy of the Ukrgazprombank. This is stated in the judgment from April 26 in the case N826 / 26255/15, writes UBR. The NBU actions were called “illegally inactive” by the decision. Thus, was confirmed the decision of the previous court – the District […]
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Shares of Tesla rose nearly 8%, or about $ 50 billion, during OTC trading on April 5. The jump in value occurred after the release of data on record deliveries of the company’s products. In particular, in the first quarter of 2021, Tesla delivered 184,800 cars worldwide, exceeding the forecast of 177,822 cars. In turn, […]
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The Dow Jones and S&P 500 stocks hit record highs on Tuesday, November 24 amid official news of the transfer of power in the United States and progress in the development of coronavirus vaccines. In particular, the Dow Jones industrial index rose by 1.5% and for the first time in history exceeded 30,000 points. According […]
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