182-527: The automotive industry in Malaysia consists of 27 vehicle producers and over 640 component manufacturers. The Malaysian automotive industry is the third largest in Southeast Asia , and the 23rd largest in the world , with an annual production output of over 500,000 vehicles. The automotive industry contributes 4% or RM 40 billion to Malaysia's GDP , and employs a workforce of over 700,000 throughout
364-611: A "vote of confidence" because of the pro-business climate being fostered in part by President-elect Donald Trump , Ford had canceled plans to invest $ 1.6 billion in a new plant in Mexico to manufacture the Ford Focus ; instead, the company would invest $ 700 million in Michigan , which it planned to use to create 700 new jobs. The Focus would now be manufactured in the existing plant in Mexico. Also in 2017, Ford began development of
546-503: A $ 2.7 billion profit in fiscal year 2009, the company's first full-year profit in four years. In 2012, Ford's corporate bonds were upgraded from junk to investment grade again, citing sustainable, lasting improvements. On October 29, 2012, Ford announced the sale of its climate control components business, its last remaining automotive components operation, to Detroit Thermal Systems LLC for an undisclosed price. On November 1, 2012, Ford announced that CEO Alan Mulally would stay with
728-685: A 32% stake in China's Jiangling Motors . The Henry Ford Company was Henry Ford's first attempt at a car manufacturing company and was established on November 3, 1901. This became the Cadillac Motor Company on August 22, 1902, after Ford left with the rights to his name. In 1903, the Ford Motor Company was launched in a converted factory, with $ 28,000, equivalent to $ 950,000 in 2023, in cash from twelve investors, most notably John and Horace Dodge , who later founded
910-543: A 49.9% stake in Proton to Geely . Market sales leader Perodua currently operates two manufacturing plants in Malaysia, with a combined maximum annual capacity of 350,000 units. The first Perodua plant in Serendah commenced operations in 1994, and was later complemented by a larger adjacent factory in 2014. Perodua Manufacturing (PMSB) handles operations at the older plant, while Perodua Global Manufacturing (PGMSB) operates
1092-460: A 60% automation rate. It was billed as the most advanced automobile factory in the Asia-Pacific region, outside Japan and Korea. Proton was originally owned in majority by HICOM with minority stakes being held by Mitsubishi Group members. By 2005, Mitsubishi had divested their stake in Proton to Khazanah Nasional , and in 2012, Proton was fully acquired by DRB-HICOM. In 2017, DRB-HICOM sold
1274-453: A Chinese Ming emperor sent a princess, Hang Li Po , to Malacca, with a retinue of 500, to marry Sultan Mansur Shah after the emperor was impressed by the wisdom of the sultan. Hang Li Poh's Well (constructed 1459) is now a tourist attraction there, as is Bukit Cina , where her retinue settled. The strategic value of the Strait of Malacca , which was controlled by Sultanate of Malacca in
1456-622: A combined maximum annual capacity of 100,000 units. Tan Chong Motor Assemblies (TCMA), a subsidiary of TCMH, handles all plant operations. TCMA assembles a large variety of foreign badged models from imported complete knock down (CKD) kits. The original TCMA plant in Segambut was built in 1976, and currently assembles Subaru , Mitsubishi and Renault models, in addition to various commercial vehicles. The second TCMA plant in Serendah commenced operations in 2007, and assembles Nissan models exclusively. Tan Chong Motor has been an active player in
1638-602: A combined maximum annual capacity of 360,000 units. The original Proton plant in Shah Alam was built in 1985, and was later complemented by the smaller MVF plant in 2000. The third Proton factory near Tanjung Malim commenced operations in 2004, and was built as part of the Proton City project. Perusahaan Otomobil Nasional (PONSB) handles operations at both plants in Shah Alam, while Proton Tanjung Malim (PTMSB) operates
1820-550: A cultural or linguistic perspective the definitions of "Southeast Asia" may vary, the most common definitions nowadays include the area represented by the countries (sovereign states and dependent territories) listed below. Ten of the eleven states of Southeast Asia are members of the Association of Southeast Asian Nations (ASEAN), while East Timor is an observer state. Papua New Guinea has stated that it might join ASEAN, and
2002-402: A decade the company led the world in the expansion and refinement of the assembly line concept, and Ford soon brought much of the part production in-house, via vertical integration . Henry Ford was 39 years old when he founded the Ford Motor Company, which became one of the world's largest and most profitable companies. It has been in continuous family control for over 100 years, and is one of
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#17327933637552184-643: A dominant maritime power of Indian subcontinent, in 1025. The invasion reshaped power and trade in the region, resulted in the rise of new regional powers such as the Khmer Empire and Kahuripan . Continued commercial contacts with the Chinese Empire enabled the Cholas to influence the local cultures. Many of the surviving examples of the Hindu cultural influence found today throughout Southeast Asia are
2366-905: A driver that killed two men while using BlueCruise. In November 2024, Ford announced that it would cut 800 jobs in the UK and 2,900 in Germany to try and reduce costs. The key trends for the Ford Motor Company are (as of the financial year ending December 31): Members of the Ford board as of March 2023 are: William Clay Ford Jr. (executive chairman), Jim Farley (president and CEO), Kimberly Casiano , Alexandra Ford English (daughter of William Clay Ford Jr.), Henry Ford III (son of Edsel Ford II ), William W. Helman IV, Jon Huntsman Jr. , William E. Kennard , John C. May, Beth E. Mooney , John L. Thornton , John Veihmeyer , Lynn Vojvodich Radakovich, and John S. Weinberg. Jim Farley succeeded Jim Hackett as
2548-788: A framework for the integration of commerce and regional responses to international concerns. China has asserted broad claims over the South China Sea , based on its nine-dash line , and has built artificial islands in an attempt to bolster its claims. China also has asserted an exclusive economic zone based on the Spratly Islands . The Philippines challenged China in the Permanent Court of Arbitration in The Hague in 2013, and in Philippines v. China (2016),
2730-563: A further 356 locally-sourced parts from 56 local vendors. In June 1989, Proton commenced engine assembly at their dedicated Engine and Transmission Factory. The Proton plant became a symbol of national industrialisation, and was subsequently commemorated on the RM100 banknote in 1998. Construction of the Medium Volume Factory (MVF) was completed in 2000. The MVF plant was built adjacent to the original Proton factory, and produced
2912-645: A further four years. In July 1947, General Motors revived plans for an assembly plant in Singapore. The new plant would assemble cars and trucks from components imported from GM's subsidiaries in Canada and Britain. Operations would begin in early 1948, and the plant would serve all of GM Java's former export markets, in addition to parts of southern China. However, in June 1948, the local British administration banned imports of American cars into Malaya and Singapore, and GM
3094-629: A nationwide ecosystem. The automotive industry in Malaysia traces its origins back to the British colonial era . Ford Malaya became the first automobile assembly plant in Southeast Asia upon its establishment in Singapore in 1926. The automotive industry in post-independence Malaysia was established in 1967 to spur national industrialisation. The government offered initiatives to encourage
3276-521: A new local power emerged. Myinsaing Kingdom became the real ruler of Central Burma and challenged the Mongol rule. This resulted in the second Mongol invasion of Burma in 1300, which was repulsed by Myinsaing. The Mongols would later in 1303 withdrawn from Burma. In 1292, The Mongols sent envoys to Singhasari Kingdom in Java to ask for submission to Mongol rule. Singhasari rejected the proposal and injured
3458-479: A new mixed-use urban campus in the Corktown neighborhood of Detroit , with its purchase, renovation, and occupation of The Factory at Michigan and Rosa Parks. The new site was expected to have a major focus on the development of autonomous vehicle and electric vehicle technology. Ford later began buying up other parcels of land in Corktown including a very high-profile purchase of Michigan Central Station which
3640-443: A plan to return the company to profitability. Fields previewed the plan, named The Way Forward , at the board meeting of the company on December 7, 2005, and it was unveiled to the public on January 23, 2006. "The Way Forward" included resizing the company to match market realities, dropping some unprofitable and inefficient models, consolidating production lines, closing 14 factories and cutting 30,000 jobs. Ford moved to introduce
3822-508: A range of new vehicles, including " Crossover SUVs " built on unibody car platforms, rather than more body-on-frame chassis. In developing the hybrid electric powertrain technologies for the Ford Escape Hybrid SUV, the company licensed similar Toyota hybrid technologies in order to avoid patent infringements. Ford announced that it would team up with electricity supply company Southern California Edison (SCE) to examine
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#17327933637554004-566: A result of famine and forced labour during the Japanese occupation. The Allied powers who then defeated Japan (and other allies of Axis ) in the South-East Asian theatre of World War II then contended with nationalists to whom the occupation authorities had granted independence. Gujarat , India had a flourishing trade relationship with Southeast Asia in the 15th and 16th centuries. The trade relationship with Gujarat declined after
4186-440: A result of high U.S. health care costs for an aging workforce , soaring gasoline prices, eroding market share, and an overdependence on declining SUV sales. Profit margins decreased on large vehicles due to increased "incentives" (in the form of rebates or low-interest financing) to offset declining demand. In the latter half of 2005, Chairman Bill Ford asked newly appointed Ford Americas Division President Mark Fields to develop
4368-525: A result of the new ISI policy included batteries, tires and paints. In September 1963, the Federation of Malaya with the Crown Colonies of Singapore, Sarawak and North Borneo merged to form Malaysia. The merger had granted the latter three states their independence. The new joint Malaysian-Singaporean governments later announced plans to establish an ISI-based national automotive industry, as per
4550-517: A result. By setting up local assembly plants, the government hoped to create more job opportunities and establish a market for Malaysian-made parts (local content) such as tires, paints, batteries, electrical cables, upholstery and other rubber-based goods. The government hoped that the gradual increase of local content and technology transfer over the next decade or two would eventually bring about cars that are fully 'Made in Malaysia'. By May 1964, nineteen firms, both foreign and local, had responded to
4732-491: A self-driving car startup. In May 2017, Ford announced cuts to its global workforce amid efforts to address the company's declining share price and to improve profits. The company is targeting $ 3 billion in cost reduction and a nearly 10% reduction in the salaried workforce in Asia and North America to enhance earnings in 2018. Jim Hackett was announced to replace Mark Fields as CEO of Ford Motor. Mr. Hackett most recently oversaw
4914-462: A standard deep-dish steering wheel, optional front, and, for the first time in a car, rear seatbelts, and an optional padded dash. Ford introduced child-proof door locks into its products in 1957, and, in the same year, offered the first retractable hardtop on a mass-produced six-seater car. In late 1955, Ford established the Continental division as a separate luxury car division. This division
5096-491: A ten-year building project. The result would see the number of Ford employees working in these areas doubling, to 24,000. During construction, some 2000 of the employees were relocated out of the campus to a temporary location in a disused section of the local shopping mall. Facilities would also be altered to allow ride-sharing and electric and self-driving vehicles. Estimates of the construction cost were $ 1.2 billion. On January 3, 2017, Ford CEO Mark Fields announced that in
5278-466: A year, with Singapore accounting for 25% of sales. However, political differences dominated and the MVAA common market proposal was refused. The Malaysian government later restricted automobile imports from Singapore and revised its automotive policy, forcing investors to choose between the two countries. The Singaporean government later presented its own automotive policy in 1967. It was largely identical to
5460-590: Is Insulindia (Indian Islands), used to describe the region between Indochina and Australasia . The term "Southeast Asia" was first used in 1839 by American pastor Howard Malcolm in his book Travels in South-Eastern Asia . Malcolm only included the Mainland section and excluded the Maritime section in his definition of Southeast Asia. The term was officially used in the midst of World War II by
5642-413: Is 129 km/h (80 mph). BlueCruise uses sensors and cameras to regulate the car's speed and to keep track of speed limits and road signs. It also monitors and keeps a safe distance from other vehicles. It also comes equipped with an eye-tracking system. If the driver stops looking at the road then the car will gradually reduce its speed. This technology will initially be offered in Ford's 2023 model of
Automotive industry in Malaysia - Misplaced Pages Continue
5824-673: Is Southeast Asia's sole pioneer of indigenous car companies, namely Proton and Perodua . In 2002, Proton helped Malaysia become the 11th country in the world with the capability to fully design, engineer and manufacture cars from the ground up. The Malaysian automotive industry also hosts several domestic-foreign joint venture companies, which assemble a large variety of vehicles from imported complete knock down (CKD) kits. The automotive industry in Malaysia primarily serves domestic demand, and only several thousand complete built up (CBU) vehicles are exported annually. Exports of Malaysian made parts and components have nonetheless grown significantly in
6006-607: Is a driver safety program aimed at teens that were developed together with the Governors Highway Safety Association and safety experts. The Ford Volunteer Corps allows Ford employees and retirees to sign up for volunteering work on local projects in more than 40 countries. The organization invests $ 18 million annually in education in the United States and around the world, but accepts applications only from nonprofit organizations registered in
6188-598: Is currently an observer. Sovereignty issues exist over some islands in the South China Sea . * Administrative centre in Putrajaya . Southeast Asia is geographically divided into two subregions, namely Mainland Southeast Asia (or the Indochinese Peninsula) and Maritime Southeast Asia . Mainland Southeast Asia includes : Maritime Southeast Asia includes : While Peninsular Malaysia
6370-497: Is evident in the Arab-Indonesian, Arab-Singaporean, and Arab-Malay populations who were at one time very prominent in each of their countries. Finally, the ruling classes embraced Islam and that further aided the permeation of the religion throughout the region. The ruler of the region's most important port, Malacca Sultanate , embraced Islam in the 15th century, heralding a period of accelerated conversion of Islam throughout
6552-643: Is geographically situated in Mainland Southeast Asia, it shares many similar cultural and ecological affinities with surrounding islands, thus it is often grouped with them as part of Maritime Southeast Asia. Geographically, the Andaman and Nicobar Islands of India is also considered a part of Maritime Southeast Asia. Eastern Bangladesh and Northeast India have strong cultural ties with Mainland Southeast Asia and are sometimes considered transregional areas between South Asia and Southeast Asia. To
6734-779: Is handled by Daihatsu Perodua Engine Manufacturing (DPEM), and currently produces the 1.3-litre, 1NR-VE and 1.5-litre, 2NR-FE engines for the Perodua Bezza and Malaysian-market Toyota Vios . Additionally, Perodua has a 10% stake in the Akashi Kikai (AKIM) transmission manufacturing plant, also in Sendayan. The all-new AKIM plant commenced operations in March 2014, and currently supplies manual and automatic gearboxes for Perodua's models. Tan Chong Motor Holdings (TCMH) currently operates two manufacturing plants in Malaysia, with
6916-554: Is intimately related to a Chinese Muslim, Admiral Zheng He ." There are several theories to the Islamization process in Southeast Asia. Another theory is trade. The expansion of trade among West Asia, India, and Southeast Asia helped the spread of the religion as Muslim traders from South Arabia ( Hadhramaut ) brought Islam to the region with their large volume of trade. Many settled in Indonesia, Singapore, and Malaysia. This
7098-632: Is not an option". Ford and the United Auto Workers , representing approximately 46,000 hourly workers in North America, agreed to a historic contract settlement in November 2007 giving the company a substantial break in terms of its ongoing retiree health care costs and other economic issues. The agreement included the establishment of a company-funded, independently run Voluntary Employee Beneficiary Association (VEBA) trust to shift
7280-507: Is planned to become the hub of their Corktown campus, and the adjacent Roosevelt Warehouse . Ford expects to move 2,500 of its employees, roughly 5 percent of its southeast Michigan workforce, to the campus with space for an additional 2,500 entrepreneurs, technology companies and partners. Bill Ford envisioned the first-floor concourse of the train station to be a public gathering place with retail outlets and restaurants. In February 2017, Ford Motor Co. acquired majority ownership of Argo AI ,
7462-669: Is politically represented through the Pacific Islands Forum , a governing body which, up until 2022, included Australia, New Zealand and all independent territories in Melanesia , Micronesia, and Polynesia . Several countries of Maritime Southeast Asia, such as Indonesia and the Philippines, are dialogue partners of the Pacific Islands Forum, but none have full membership. Maritime Southeast Asia
Automotive industry in Malaysia - Misplaced Pages Continue
7644-635: Is the geographical southeastern region of Asia , consisting of the regions that are situated south of China , east of the Indian subcontinent , and northwest of the Australian mainland , which is part of Oceania . Southeast Asia is bordered to the north by East Asia , to the west by South Asia and the Bay of Bengal , to the east by Oceania and the Pacific Ocean , and to the south by Australia and
7826-670: Is the only country where its folk religion makes up the plurality. Recently, Vietnamese folk religion is undergoing a revival with the support of the government. Elsewhere, there are ethnic groups in Southeast Asia that resisted conversion and still retain their original animist beliefs, such as the Dayaks in Kalimantan , the Igorots in Luzon, and the Shans in eastern Myanmar. After
8008-465: Is the second-largest U.S.-based automaker, behind General Motors , and the sixth-largest in the world , behind Toyota , Volkswagen Group , Hyundai Motor Group , Stellantis , and General Motors, based on 2022 vehicle production. At the end of 2010, Ford was the fifth-largest automaker in Europe. The company went public in 1956 but the Ford family, through special Class B shares , retain 40 percent of
8190-480: Is to be rebranded as Ford Pro, to focus on vehicle distribution and service. In August 2022, Ford announced it planned layoffs of roughly 3,000 employees and contract workers, confirming earlier reporting. The cuts would mostly affect divisions in the US, Canada, and India, which Jim Farley said would allow the company to prepare for the future of electric, software-heavy vehicles. In February 2023, Ford announced that it
8372-551: The Allies , through the formation of South East Asia Command (SEAC) in 1943. SEAC popularised the use of the term "Southeast Asia", although what constituted Southeast Asia was not fixed; for example, SEAC excluded the Philippines and a large part of Indonesia while including Ceylon . However, by the late 1970s, a roughly standard usage of the term "Southeast Asia" and the territories it encompasses had emerged. Although from
8554-574: The Asian financial crisis . Construction resumed in January 2001, and was completed in 2003, and the plant's first Proton GEN•2 models rolled-off the production line in early 2004. Proton's Tanjung Malim complex is five times larger than their Shah Alam complex, and was built at a cost of RM1.8 billion. At its debut in 2004, the Tanjung Malim plant employed 2,000 workers, featured 180 robots, and had
8736-716: The Austronesian peoples , who form the majority of the modern population in Brunei, Indonesia, East Timor, Malaysia, and the Philippines, migrated to Southeast Asia from Taiwan in the first seaborne human migration known as the Austronesian Expansion . They arrived in the northern Philippines between 7,000 BC to 2,200 BC and rapidly spread further into the Northern Mariana Islands and Borneo by 1500 BC; Island Melanesia by 1300 BC; and to
8918-692: The Dodge Brothers Motor Vehicle Company . The first president was not Ford, but local banker John S. Gray , who was chosen in order to assuage investors' fears that Ford would leave the new company the way he had left its predecessor. During its early years, the company produced just a few cars a day at its factory on Mack Avenue and later at its factory on Piquette Avenue in Detroit , Michigan . Groups of two or three men worked on each car, assembling it from parts made mostly by supplier companies contracting for Ford. Within
9100-537: The Ford Foundation ), based in Dearborn, Michigan, is the philanthropic arm of the Ford Motor Company. Established in 1949 by Henry Ford II , the organization is a nonprofit corporate foundation financed by contributions from Ford Motor Company. In 2017, it contributed $ 63 million to various causes with a focus on education, driving safely and community building. The Ford Driving Skills for Life program
9282-748: The Ford Transit and later the Ford Escort and the Ford Capri became common to both companies. In 1970, the Ford Taunus and the Ford Cortina came into production with a common base construction, both models being produced in left hand drive and right hand drive . Later on, the models became identical and the respective models right- and left-hand-drive exclusively. Rationalisation of model ranges meant that production of many models in
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#17327933637559464-411: The Indian Ocean . Apart from the British Indian Ocean Territory and two out of 26 atolls of the Maldives in South Asia, Maritime Southeast Asia is the only other subregion of Asia that lies partly within the Southern Hemisphere . Mainland Southeast Asia is entirely in the Northern Hemisphere . East Timor and the southern portion of Indonesia are the parts of Southeast Asia that lie south of
9646-423: The Indonesian region of Western New Guinea (Papua and West Papua ). Both countries share the island of New Guinea . Islands to the east of the Philippines make up the region of Micronesia . These islands are not biogeographically, geologically or historically linked to mainland Asia, and are considered part of Oceania by the United Nations , The World Factbook , and other organisations. The Oceania region
9828-434: The Ministry of Transport , the active passenger car population in Malaysia stood at 11 million units in 2014, with 10 passenger cars for every 27 citizens. An independent study estimated that the population stood at around 8.2 million units in 2014, after factoring in variables such as scrapped and permanently disabled passenger cars. National car company Proton currently operates three manufacturing plants in Malaysia, with
10010-466: The Philippines and Indonesia . It covers about 4,500,000 km (1,700,000 sq mi), which is 8% of Eurasia and 3% of Earth's total land area. Its total population is more than 675 million, about 8.5% of the world's population. It is the third most populous geographical region in Asia after South Asia and East Asia. The region is culturally and ethnically diverse, with hundreds of languages spoken by different ethnic groups. Ten countries in
10192-404: The Proton Waja upon its debut. The MVF plant was built at a cost of RM400 million, and accommodated modern assembly practices like modular assembly and Automatic Line Control (ALC). Construction of an all-new Proton factory commenced in 1996 near Tanjung Malim, in anticipation of increasing sales of Proton cars in the near future. However, its construction was deferred in late 1997 as a result of
10374-421: The Srivijaya kingdom of Sangrama Vijayatungavarman in Kadaram ( Kedah ); the capital of the powerful maritime kingdom was sacked and the king was taken captive. Along with Kadaram, Pannai in present-day Sumatra and Malaiyur and the Malayan peninsula were attacked too. Soon after that, the king of Kedah Phra Ong Mahawangsa became the first ruler to abandon the traditional Hindu faith, and converted to Islam with
10556-440: The Sultanate of Kedah established in 1136. Samudera Pasai converted to Islam in 1267, the King of Malacca Parameswara married the princess of Pasai, and the son became the first sultan of Malacca. Soon, Malacca became the center of Islamic study and maritime trade, and other rulers followed suit. Indonesian religious leader and Islamic scholar Hamka (1908–1981) wrote in 1961: "The development of Islam in Indonesia and Malaya
10738-455: The Sunda Trench . Even though they are geographically closer to Maritime Southeast Asia than mainland Australia , these two Australian external territories are not geologically associated with Asia as none of them is actually on the Sunda Plate . The UN Statistics Division 's geoscheme , which is a UN political geography tool created specifically for statistical purposes, has classified both island territories as parts of Oceania , under
10920-415: The Transit van continued at the company's Southampton facility until mid-2013, engines at Bridgend and Dagenham , and transmissions at Halewood . Development of European Ford is broadly split between Dunton in Essex (powertrain, Fiesta/Ka, and commercial vehicles) and Cologne (body, chassis, electrical, Focus, Mondeo) in Germany. Ford also produced the Thames range of commercial vehicles, although
11102-470: The UNSD subregion "Australia and New Zealand" ( Australasia ). Some definitions of Southeast Asia may include Taiwan . Taiwan has sometimes been included in Southeast Asia as well as East Asia but is not a member of ASEAN . Likewise, a similar argument could be applied to some southern parts of mainland China , as well as Hong Kong and Macau , may also considered as part of Southeast Asia as well as East Asia but are not members of ASEAN . The region
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#173279336375511284-412: The Wallace Line in the region of Wallacea ) are considered to be geographically associated with Oceania due to their distinctive faunal features. Geologically, the island of New Guinea and its surrounding islands are considered as parts of the Australian continent , connected via the Sahul Shelf . Both Christmas Island and the Cocos (Keeling) Islands are located on the Australian Plate , south of
11466-417: The equator . The region lies near the intersection of geological plates , with both heavy seismic and volcanic activities. The Sunda Plate is the main plate of the region, featuring almost all Southeast Asian countries except Myanmar , northern Thailand , northern Laos , northern Vietnam , and northern Luzon of the Philippines , while the Sunda Plate only includes western Indonesia to as far east as
11648-628: The industrialization of that country and consequently the Soviet war effort during World War II . To that end, in 1944, Stalin wrote a letter to the U.S. Chamber of Commerce stating that Henry Ford was "one of the world's greatest industrialists". During World War II, the United States Department of War picked Ford to mass-produce the Consolidated B-24 Liberator bomber at its Willow Run assembly plant. Ford Werke and Ford SAF , Ford's subsidiaries in Germany and France, respectively, produced military vehicles and other equipment for Nazi Germany 's war effort . Some of Ford's operations in Germany at
11830-545: The occupation of Singapore , the Japanese used the Ford plant to assemble Nissan and Toyota trucks for the military. Following Japan's surrender in 1945, the British army reacquired the plant and returned it to Ford Malaya in 1946, and production recommenced in April 1947. Between 1926 and 1965, Ford Malaya stood as the sole automobile assembler in Singapore. Throughout its history, Ford Malaya would export its produce to British Malaya (later West Malaysia), British Borneo (later East Malaysia and Brunei), Siam (later Thailand),
12012-409: The 15th and early 16th century, did not go unnoticed by Portuguese writer Tomé Pires , who wrote in the Suma Oriental : "Whoever is lord of Malacca has his hand on the throat of Venice ." (Venice was a major European trading partner, and goods were transported there via the Straight.) Western influence started to enter in the 16th century, with the arrival of the Portuguese in Malacca, Maluku , and
12194-441: The 1970s, manufactures the Transit Connect compact panel van as well as the "Jumbo" and long-wheelbase versions of the full-size Transit. This new production facility was set up near Kocaeli in 2002, and its opening marked the end of Transit assembly in Genk. Another joint venture plant near Setúbal in Portugal, set up in collaboration with Volkswagen , formerly assembled the Galaxy people-carrier as well as its sister ships,
12376-464: The 1970s. Prices of new cars in Malaysia had inflated significantly through the 1970s, with most if not all locally assembled CKD models generally costing more to produce than an equivalent CBU import. The inflation of new car prices was attributed to several factors, including low efficiency and inadequate economies of scale among the parts manufacturers and assembly plants, the government's mandatory CKD deletion policy, high import and excise taxes for
12558-451: The CKD models, and various others. Additionally, the automotive industry in Malaysia was held back by a small domestic market, and manufacturers primarily served domestic demand and did not emphasise exports, thus limiting the growth and competitiveness of the industry as a whole. By the dawn of the 1980s, the government concluded that direct involvement was necessary to reverse losses and spur future industrial growth. The National Car Project
12740-498: The Court ruled in favour of the Philippines and rejected China's claims. Indonesia is the largest country in Southeast Asia and is also the largest archipelago in the world by size (according to the CIA World Factbook ). Geologically, the Indonesian Archipelago is one of the most volcanically active regions in the world. Geological uplifts in the region have also produced some impressive mountains, culminating in Puncak Jaya in Papua , Indonesia at 5,030 metres (16,503 feet), on
12922-408: The Detroit United Auto Workers union announced that after discussion with the leaders of General Motors , Ford, and Fiat Chrysler Automobiles , the carmakers would partially shut down factories on a "rotating" basis to mitigate the COVID-19 pandemic . On March 24, representatives of Ford announced that production in the US, Canada, and Mexico would not resume on March 30 as originally planned, amid
13104-524: The Dutch East Indies (later Indonesia), Burma, India and Pakistan. Ford Malaya had imported SKD and CKD kits from the United States, Canada, Britain, Germany and Australia respectively. Ford Malaya produced over 150,000 automobiles over the decades, and finally closed down in 1980. The government of Singapore would later gazette the old Ford factory as a national monument in February 2006. In
13286-540: The Dutch East Indies, British Malaya, French Indochina and Siam. On the onset of World War II, the Dutch East Indies fell to the invading Japanese Army in March 1942. The GM Java plant was taken over by Toyota, and was used to assemble trucks for the military. After the Japanese surrender in 1945, the Dutch failed to regain control of their colony, and the Indonesian War of Independence broke out and dragged on for
13468-592: The Ford Fund announced its official name has changed to Ford Philanthropy. Ford has had manufacturing operations worldwide, including in the United States, Canada, Mexico, China, India, the United Kingdom, Germany, Turkey, Brazil, Argentina, Australia, and South Africa. Ford also helped the Soviet Union to construct Russian automaker GAZ . In May 2010, Ford reported that its sales increased 23% for
13650-902: The Ford Motor Company of Malaya Ltd. (Ford Malaya) was incorporated in Singapore, and the company set up a small garage in a two-storey shop house on Anson Road. The garage carried out wheel-fitting and touching up for Model T units between 1926 and 1929. In January 1930, Ford Malaya moved operations to a warehouse in Prince Edward Road, where they carried out more sophisticated semi-knock down (SKD) assembly. The new plant assembled SKD kits which were imported from Ford Canada and Ford England . Ford's market share in British Malaya peaked at 80% in 1939. In April 1941, Ford Malaya moved operations to their all-new assembly plant in Bukit Timah , Singapore. The 1941 Ford Malaya factory became
13832-547: The Indian Ocean aided the colonisation of Madagascar, as well as commerce between Western Asia, eastern coast of India and Chinese southern coast. Gold from Sumatra is thought to have reached as far west as Rome. Pliny the Elder wrote in his Natural History about Chryse and Argyre , two legendary islands rich in gold and silver, located in the Indian Ocean. Their vessels, such as the vinta , were capable to sail across
14014-591: The Indian subcontinent and its having cultural influences from both neighbouring regions. In the 20th century, however, the term became more restricted to territories of the former French Indochina (Cambodia, Laos, and Vietnam). The maritime section of Southeast Asia is also known as the Malay Archipelago , a term derived from the European concept of a Malay race . Another term for Maritime Southeast Asia
14196-711: The Indonesian province of Bali . The mountain ranges in Myanmar, Thailand, Peninsular Malaysia , and the Indonesian islands of Sumatra , Java , Bali , Lesser Sunda Islands , and Timor are part of the Alpide belt , while the islands of the Philippines and Indonesia as well as East Timor are part of the Pacific Ring of Fire . Both seismic belts meet in Indonesia, causing the region to have relatively high occurrences of earthquakes and volcanic eruptions, particularly in
14378-477: The Malaysian automotive industry since 1957. The company sold fully imported Datsun vehicles in its early years of business, but government initiatives prompted Tan Chong Motor to offer their first locally assembled Datsun models from mid-1968. Sales of Datsun cars grew significantly in the 1960s, and in 1970, Datsun became the best-selling brand of car in the Malaysian market. In mid-2003, Tan Chong Motor adopted
14560-468: The Malaysian government approved applications for six automobile assembly plants. For over six decades (1890s–1950s), Western car companies dominated the Malayan automobile market. But in the late 1950s, Japanese car companies rose to challenge the status quo. The tides shifted dramatically over the course of the 1960s, and by the end of the 1970s, Japanese car companies had become the dominant players in
14742-409: The Malaysian market. The first Japanese cars arrived in Malaysia during the mid 1950s. Initially, the Japanese cars proved unpopular, and were perceived as inferior to their Western counterparts. The lightness and thin construction of the early Japanese cars were often criticised, and popularised the derogatory term ' Milo tin ' in the 1960s. In addition to the quality concerns, anti-Japanese sentiment
14924-743: The Mercury in 1939 as a higher-priced companion car to Ford. Henry Ford purchased the Lincoln Motor Company in 1922, in order to compete with such brands as Cadillac and Packard for the luxury segment of the automobile market. In 1929, Ford was contracted by the government of the Soviet Union to set up the Gorky Automobile Plant in Russia initially producing Ford Model A and AAs, thereby playing an important role in
15106-585: The Models A , B, C, F, K, N, R, and S. Hundreds or a few thousand of most of these were sold per year. In 1908, Ford introduced the mass-produced Model T , which totaled millions sold over nearly 20 years. In 1927, Ford replaced the T with the Model A , the first car with safety glass in the windshield. Ford launched the first low-priced car with a V8 engine in 1932. In an attempt to compete with General Motors' mid-priced Pontiac, Oldsmobile, and Buick, Ford created
15288-585: The Mongols tried to invade Đại Việt and Champa . The invasions were unsuccessful, yet both Dai Viet and Champa agreed to become tributary states to Yuan dynasty to avoid further conflicts. The Mongols also invaded Pagan Kingdom in Burma from 1277 to 1287, resulted in fragmentation of the Kingdom and rise of smaller Shan States ruled by local chieftains nominally submitted to Yuan dynasty. However, in 1297,
15470-592: The Mustang, due to declining demand and profitability. The Focus Active, a crossover SUV based on the newly unveiled fourth-generation Focus, was also intended to be marketed in the United States. Due to the vehicle being manufactured in China, Ford later announced that it would not release the Focus Active in the United States, due to tariffs imposed by the Trump administration on Chinese exports . In March 2020,
15652-557: The Papuan-related and East Asian-related branches of the Eastern non-African lineage. The hunter-gatherer individual had approximately ~50% "Basal-East Asian" ancestry, and was positioned in between modern East Asians and Papuans of Oceania. The authors concluded that East Asian-related ancestry expanded from Mainland Southeast Asia into Maritime Southeast Asia much earlier than previously suggested, as early as 25,000BC, long before
15834-750: The Philippines, the latter being settled by the Spaniards years later, which they used to trade between Asia and Latin America . Throughout the 17th and 18th centuries, the Dutch established the Dutch East Indies ; the French Indochina ; and the British Strait Settlements . By the 19th century, all Southeast Asian countries were colonised except for Thailand . European explorers were reaching Southeast Asia from
16016-552: The Portuguese invasion of Southeast Asia in the 17th century. The United States took the Philippines from Spain in 1898. Internal autonomy was granted in 1934, and independence in 1946. Most countries in the region maintain national autonomy. Democratic forms of government are practised in most Southeast Asian countries and human rights is recognised but dependent on each nation state. Socialist or communist countries in Southeast Asia include Vietnam and Laos. ASEAN provides
16198-649: The Renault brand in line with the Renault–Nissan Alliance . Tan Chong Motor constructed their own assembly plant at Segambut in 1976. The new TCMA plant was modelled after the Nissan Zama complex, and was the nation's first to use electro-dipping (ED) technology for its painting process. Nissan Japan regarded the TCMA plant as the third best foreign Nissan assembly plant in the world. The TCMA plant also became
16380-426: The South China Sea. Mayon Volcano , despite being dangerously active , holds the record of the world's most perfect cone which is built from past and continuous eruption . Geographically, Southeast Asia is bounded to the southeast by the Australian continent , the boundary between these two regions is most often considered to run through Wallacea . Geopolitically, the boundary lies between Papua New Guinea and
16562-473: The U.S. Education programs and scholarships include Alan Mulally Engineering Scholarship, Ford Blue Oval Scholars Program, Ford College Community Challenge (Ford C3), Ford Driving Dreams Tour, Ford Fund/Detroit Free Press Journalism Scholarship, Ford Next Generation Learning (Ford NGL), Grants to Individuals Program, HBCU Community Challenge, Smithsonian Latino Center Young Ambassadors Program, and William Clay Ford Automotive Design Scholarship. On April 29, 2024,
16744-549: The UK switched to elsewhere in Europe, including Belgium and Spain as well as Germany. The Ford Sierra replaced the Taunus and Cortina in 1982, drawing criticism for its radical aerodynamic styling, which was soon given nicknames, the "Jellymould" and "The Salesman's Spaceship". In February 2002, Ford ended car production in the UK. It was the first time in 90 years that Ford cars had not been made in Britain, although production of
16926-463: The affordability of the Japanese cars. Datsun (later Nissan ) lead the rise of Japanese cars in Malaysia. The greatest threat to Datsun's dominance came from another Japanese brand, Toyota . Both Toyota and Datsun battled fiercely for pole position in the Malaysian market, at times only fractions apart in total market share. Other Japanese car companies such as Mazda , Colt (later Mitsubishi ) and Honda had also become well-established in Malaysia by
17108-491: The burden of retiree health care from the company's books, thereby improving its balance sheet. This arrangement took effect on January 1, 2010. As a sign of its currently strong cash position, Ford contributed its entire current liability (estimated at US$ 5.5 billion as of December 31, 2009) to the VEBA in cash, and also pre-paid US$ 500 million of its future liabilities to the fund. The agreement also gave hourly workers
17290-514: The caves of Borneo . Homo floresiensis also lived in the area up until at least 50,000 years ago, after which they became extinct. During much of this time the present-day islands of western Indonesia were joined into a single landmass known as Sundaland due to lower sea levels. Ancient remains of hunter-gatherers in Maritime Southeast Asia, such as one Holocene hunter-gatherer from South Sulawesi , had ancestry from both
17472-625: The chief executive officer of the company in August 2020; he previously served as Ford's chief operating officer. Hackett stayed in the company as an advisor until the second quarter of 2021. Ford is mainly owned by institutional investors, who own around 60% of shares. The largest shareholders in December 2023 were: The Ford Philanthropy, formerly known as the Ford Motor Company Fund (also known as Ford Fund, not affiliated with
17654-477: The company until 2014. Ford also named Mark Fields, its president of operations in the Americas, as its new chief operating officer Mulally was paid a compensation of over $ 174 million in his previous seven years at Ford since 2006. The generous amount has been a sore point for some workers of the company. In April 2016, Ford announced a plan to modernize its Dearborn engineering and headquarters campuses through
17836-400: The company; at the beginning the vaccination program would be in southeast Michigan, Missouri and Ohio, but it was to be expanded later on to other locations. In March 2022, Ford announced that it would restructure the company into three separate divisions. Ford Model E is to focus on electric vehicles; Ford Blue is to focus on internal combustion vehicles; and the existing commercial division
18018-642: The cost of credit default swaps to insure the debt of Ford was 68 percent of the sum insured for five years, in addition to annual payments of 5 percent. That meant $ 6.8 million paid upfront to insure $ 10 million in debt, in addition to payments of $ 500,000 per year. In January 2009, Ford reported a $ 14.6 billion loss in the preceding year, a record for the company. The company retained sufficient liquidity to fund its operations. Through April 2009, Ford's strategy of debt-for-equity exchanges erased $ 9.9 billion in liabilities (28% of its total) in order to leverage its cash position. These actions yielded Ford
18200-509: The costly taxes, and some companies found ways to circumvent the tax restrictions altogether. The automobile industry in British Malaya was pioneered by the Ford Motor Company . Ford sought to capitalise on existing Anglo-American ties to expand globally, and Malaya was recognised for its strategic potential as a regional export base. Ford's entry into Malaya was spearheaded by Ford Canada , an affiliate of Ford USA . Ford Canada
18382-686: The departure of the Mongols, Wijaya established the Majapahit Empire in eastern Java in 1293. Majapahit would soon grow into a regional power. Its greatest ruler was Hayam Wuruk , whose reign from 1350 to 1389 marked the empire's peak when other kingdoms in the southern Malay Peninsula , Borneo , Sumatra , and Bali came under its influence. Various sources such as the Nagarakertagama also mention that its influence spanned over parts of Sulawesi , Maluku , and some areas of western New Guinea and southern Philippines , making it one of
18564-469: The dominant trading power in mainland Southeast Asia for about five centuries, provided passage for Indian and Chinese goods and assumed authority over the flow of commerce through Southeast Asia. In maritime Southeast Asia, the first recorded Indianised kingdom was Salakanagara , established in western Java circa second century CE. This Hindu kingdom was known by the Greeks as Argyre (Land of Silver). By
18746-701: The early 20th century. British rule in Malaya was divided between the Straits Settlements (which included Singapore ), the Federated Malay States and the Unfederated Malay States . During the colonial era, the Malayan economy was largely dependent on natural rubber and tin commodity exports. Industrialisation in British Malaya was not emphasised due to the profitability and high demand for rubber and tin. Malaya
18928-530: The early people travelled along the south coast of Asia, first entered the Malay Peninsula 50,000–90,000 years ago. The Orang Asli, in particular the Semang who show Negrito characteristics, are the direct descendants of these earliest settlers of Southeast Asia. These early people diversified and travelled slowly northwards to China, and the populations of Southeast Asia show greater genetic diversity than
19110-511: The east, Hong Kong is sometimes regarded as part of Southeast Asia. Similarly, Christmas Island and the Cocos (Keeling) Islands have strong cultural ties with Maritime Southeast Asia and are sometimes considered transregional areas between Southeast Asia and Australia/Oceania. On some occasions, Sri Lanka has been considered a part of Southeast Asia because of its cultural and religious ties to Mainland Southeast Asia. The eastern half of
19292-455: The electric Mustang Mach-E SUV. According to Thatcham Research, an automotive research company, this model is not a self-driving car. It is classified as a level 2 or partial automation assistance system. This means that technology controls two or more driving aspects but still requires human driver control in cases of emergencies. The driver is still legally responsible for accidents. In August 2024 Pennsylvania State Police filed charges against
19474-527: The elite language of the region, which effectively made Southeast Asia part of the Indosphere . Most of the region had been Indianised during the first centuries, while the Philippines later Indianised c. ninth century when Kingdom of Tondo was established in Luzon. Vietnam, especially its northern part, was never fully Indianised due to the many periods of Chinese domination it experienced. The first Indian-influenced polities established in
19656-458: The envoys, enraged the Mongols and made them sent a large invasion fleet to Java. Unbeknownst to them, Singhasari collapsed in 1293 due to a revolt by Kadiri, one of its vassals. When the Mongols arrived in Java, a local prince named Raden Wijaya offered his service to assist the Mongols in punishing Kadiri. After Kadiri was defeated, Wijaya turned on his Mongol allies, ambushed their invasion fleet and forced them to immediately leave Java. After
19838-522: The expansion of Austroasiatic and Austronesian groups. Distinctive Basal-East Asian (East-Eurasian) ancestry was recently found to have originated in Mainland Southeast Asia at ~50,000BC, and expanded through multiple migration waves southwards and northwards respectively. Geneflow of East Asian-related ancestry into Maritime Southeast Asia and Oceania could be estimated to ~25,000BC (possibly also earlier). The pre-Neolithic Papuan-related populations of Maritime Southeast Asia were largely replaced by
20020-411: The expansion of various East Asian-related populations, beginning about 50,000BC to 25,000BC years ago from Mainland Southeast Asia. The remainders, known as Negritos, form small minority groups in geographically isolated regions. Southeast Asia was dominated by East Asian-related ancestry already in 15,000BC, predating the expansion of Austroasiatic and Austronesian peoples . In the late Neolithic ,
20202-590: The fifth century CE, trade networking between East and West was concentrated in the maritime route. Foreign traders were starting to use new routes such as Malacca and Sunda Strait due to the development of maritime Southeast Asia. This change resulted in the decline of Funan, while new maritime powers such as Srivijaya , Tarumanagara , and Mataram emerged. Srivijaya especially became the dominant maritime power for more than 5 centuries, controlling both Strait of Malacca and Sunda Strait . This dominance started to decline when Srivijaya were invaded by Chola Empire ,
20384-459: The first fully-fledged automobile assembly plant in Southeast Asia. Complete-knock down (CKD) body assembly commenced in October 1941. However, World War II broke out in Malaya just two months later, and Singapore fell to the invading Japanese Army in February 1942. The Ford Malaya plant became the venue where British General Percival formally surrendered to General Yamashita of Japan. During
20566-456: The first generation Toyota Avanza under contract, and the company currently produces models with Daihatsu badging for export to the Indonesian market. In December 2012, Perodua announced plans for an all-new factory, to be built adjacent to their original plant in Serendah. Construction commenced in March 2013, and completed in late 2014, and the plant's first Perodua Axia models rolled-off
20748-478: The formation of Ford Smart Mobility, a unit responsible for experimenting with car-sharing programs, self-driving ventures and other programs aimed at helping Ford better compete with Uber , Alphabet Inc. and other tech giants looking to edge in on the auto industry. On April 25, 2018, Ford announced that it would discontinue passenger cars in the North American market in the next four years, except for
20930-597: The former western colonies under the concept of " Greater East Asia Co-Prosperity Sphere ". However, the Shōwa occupation regime committed violent actions against civilians such as live human experimentation, sexual slavery under the brutal " comfort women " system, the Manila massacre and the implementation of a system of forced labour , such as the one involving four to ten million romusha in Indonesia. A later UN report stated that four million people died in Indonesia as
21112-436: The further coronavirus pandemic spread. In the first quarter of 2020, Ford's sales dropped by 15%, entailing the loss of $ 2 billion. With the change in the demand for the sport vehicles, on January 6, 2021, Ford reported a sales fall of 9.8% in the fourth quarter, selling 542,749 vehicles, compared to 601,862 in 2019. In April 2021, Ford said that it would provide COVID-19 vaccines for its employees, who were to obtain them at
21294-551: The future of plug-in hybrids in terms of how home and vehicle energy systems will work with the electrical grid. Under the multimillion-dollar, multi-year project, Ford is to convert a demonstration fleet of Ford Escape Hybrids into plug-in hybrids, and SCE is to evaluate how the vehicles might interact with the home and the utility's electrical grid. Some of the vehicles are to be evaluated "in typical customer settings", according to Ford. William Clay Ford Jr. , great-grandson of Henry Ford (and better known by his nickname "Bill"),
21476-458: The future sustainability of Malayan rubber exports. The Malayan government initially pursued a policy of Import Substitution Industrialisation (ISI) , in line with most developing countries of that period. ISI develops self-sufficiency through the creation of a strong domestic market, and is primarily state-driven through nationalisation, subsidisation, increased taxation and protectionist trade policies. The earliest Malaysian-made goods produced as
21658-434: The gains, the company finished the year with a $ 2.7 billion loss, largely attributed to finance restructuring at Volvo . On June 2, 2008, Ford sold its Jaguar and Land Rover operations to Tata Motors for $ 2.3 billion. During congressional hearings held in November 2008 at Washington D.C., Ford's Alan Mulally stated that "We at Ford are hopeful that we have enough liquidity. But we also must prepare ourselves for
21840-707: The government's call for local assembly and parts production. In August 1965, Singapore separated from Malaysia amid escalating political tensions, and both governments began to compete for foreign investment. In 1966, ten automobile firms banded together to establish the Motor Vehicle Assemblers Association (MVAA), and pleaded for a common automotive market between Malaysia and the newly independent Singapore. The MVAA argued that local assembly would prove economically unsustainable if both governments refused to co-operate. The combined markets of Malaysia and Singapore stood at around 33,000 vehicles
22022-488: The industry. Mulally stated that "In addition to our plan, we are also here today to request support for the industry. In the near-term, Ford does not require access to a government bridge loan. However, we request a credit line of $ 9 billion as a critical backstop or safeguard against worsening conditions as we drive transformational change in our company". GM and Chrysler received government loans and financing through T.A.R.P. legislation funding provisions. On December 19,
22204-475: The island of New Guinea , which is not a part of Indonesia, namely, Papua New Guinea, is sometimes included as a part of Maritime Southeast Asia, and so are Guam , the Northern Mariana Islands , and Palau , which were all parts of the Spanish East Indies with strong cultural and linguistic ties to the region, specifically, the Philippines. East Timor and the eastern half of Indonesia (east of
22386-461: The island of New Guinea ; it is the only place where ice glaciers can be found in Southeast Asia. The highest mountain in Southeast Asia is Hkakabo Razi at 5,967 metres (19,577 feet) and can be found in northern Burma sharing the same range of its parent peak, Mount Everest . The South China Sea is the major body of water within Southeast Asia. The Philippines, Vietnam, Malaysia, Brunei, Indonesia, and Singapore, have integral rivers that flow into
22568-400: The job security they were seeking by having the company commit to substantial investments in most of its factories. The automaker reported the largest annual loss in company history in 2006 of $ 12.7 billion, and estimated that it would not return to profitability until 2009. However, Ford surprised Wall Street in the second quarter of 2007 by posting a $ 750 million profit. Despite
22750-472: The largest empire to ever exist in Southeast Asian history. By the 15th century CE however, Majapahit's influence began to wane due to many war of successions it experienced and the rise of new Islamic states such as Samudera Pasai and Malacca Sultanate around the strategic Strait of Malacca . Majapahit then collapsed around 1500. It was the last major Hindu kingdom and the last regional power in
22932-585: The largest family-controlled companies in the world. The first gasoline-powered automobile was created in 1885 by the German inventor Karl Benz , with his Benz Patent-Motorwagen . More efficient production methods were needed to make automobiles affordable for middle class people. To which Ford contributed by, for instance, introducing the first moving assembly line in 1913 at the Ford factory in Highland Park . Between 1903 and 1908, Ford produced
23114-410: The last decade, contributing over RM 11 billion to Malaysia's GDP in 2016. Malaysia had been a British colony prior to its independence in the mid-19th century. West Malaysia was originally known as Malaya, and was governed separately from the would-be East Malaysian states of North Borneo and Sarawak . British colonisation of Malaya began in the late 18th century, and would encompass all of Malaya by
23296-447: The local assembly of vehicles and manufacturing of automobile components. In 1983, the government became directly involved in the automotive industry through the establishment of national car company Proton, followed by Perodua in 1993. Since the 2000s, the government had sought to liberalise the domestic automotive industry through free-trade agreements, privatisation and harmonisation of UN regulations. The Malaysian automotive industry
23478-544: The mid-1920s, General Motors (GM) of America had also expressed intentions to establish a regional hub in British Malaya. In mid-1926, GM approached the British administration in Singapore and requested permission to build an assembly plant in the affluent Tanjong Katong area. However, the local British authorities denied GM's application on grounds that it would 'spoil the amenities of the Katong residential area'. In light of
23660-541: The mid-to-late 1990s, Ford continued to sell large numbers of vehicles, in a booming American economy with a soaring stock market and low fuel prices. With the dawn of the new century, legacy health care costs , higher fuel prices, and a faltering economy led to falling market shares, declining sales, and diminished profit margins. Most of the corporate profits came from financing consumer automobile loans through Ford Motor Credit Company . By 2005, both Ford and GM 's corporate bonds had been downgraded to junk status as
23842-490: The month, and that 37% of its sales came from fleet sales. In June 2010, sales to individual customers at dealerships increased 13% while fleet sales rose by 32%. In the first seven months of 2010, fleet sales of Ford for the same period rose 35% to 386,000 units while retail sales increase 19%. Fleet sales account for 39 percent of Chrysler's sales and 31 percent for GM's. At first, Ford in Germany and Ford in Britain built different models from one another until 1965, when
24024-444: The nation's first to feature an engine assembly line in December 1988. TCMA had also pioneered women's rights in the traditionally male dominated automotive industry, with females accounting for 44% of their assembly workforce in 1989. The bulk of TCMA Segambut production historically consisted of Datsun/Nissan vehicles, but the plant has also carried out contract assembly for Subaru, Volkswagen , Audi , Peugeot and Renault models in
24206-465: The newly built factory. Perodua's first plant commenced operations in July 1994, with the first unit being a Perodua Kancil 660cc. Like Proton, Perodua benefited from Japanese technology transfer in its early stages of development. Perodua's products are based on Daihatsu -engineered platforms and engines, and Daihatsu has led Perodua's manufacturing operations since 2001. Perodua had previously assembled
24388-611: The ocean. Magellan's voyage records how much more manoeuvrable their vessels were, as compared to the European ships. A slave from the Sulu Sea was believed to have been used in the Magellan expedition as a translator. Studies presented by the Human Genome Organisation (HUGO) through genetic studies of the various peoples of Asia show empirically that there was a single migration event from Africa, whereby
24570-412: The original Malaysian policy, with only minor changes to local content definitions. By 1970, both Malaysia and Singapore boasted a roughly equal number of assembly plants. The Singaporean plants were almost entirely backed by British and German companies, while the vast majority of Japanese companies backed Malaysian plants exclusively. The Singaporean automotive industry showed strong initial promise, but
24752-473: The past two years and will lose a similar amount in 2023 as the company looks to significantly invest in Electric Technology. The Ford Model E is expected to be profitable by 2026. In April 2023, United Kingdom ministers approved Ford's BlueCruise technology. Because of this assisted driving technology, Ford drivers can now legally take their hands off the wheel on certain roads. Its top speed
24934-437: The past. A small number of Malaysian-assembled Mercedes-Benz models were also sent to TCMA for painting. The TCMA Segambut plant has mainly catered to domestic consumption, and only a small number of vehicles were exported. Presently, both Subaru XV and Forester models assembled by TCMA Segambut are exported to Thailand and Indonesia, with export volume exceeding domestic consumption. Southeast Asia Southeast Asia
25116-579: The plant at Proton City. Proton's first plant commenced operations in mid-1985, with the first unit being a Proton Saga 1.3L saloon. Initially, Proton had assembled the Saga with complete-knock down (CKD) kits, engines and components which were imported from Mitsubishi 's facilities in Japan. Local content in the 1985 Proton Saga stood at 18%, with just 13 local components. By mid-1989, local content had risen to 69%, with over 453 Proton-manufactured components and
25298-617: The production line in August 2014. The all-new Perodua plant was built at a cost of RM1.3 billion, and is modelled after Daihatsu Motor Kyushu (DKC) Nakatsu Plant 2 in Japan. Perodua aims to emulate DKC's low defects per unit (DPU) rate and environmentally friendly practices. In May 2014, Perodua and Daihatsu revealed plans for an all-new RM600 million engine manufacturing plant, to be built in Sendayan . Construction commenced in October 2014, and operations commenced in May 2016. The new engine plant
25480-407: The prospect of further deteriorating economic conditions". He went on to state that "The collapse of one of our competitors would have a severe impact on Ford" and that Ford Motor Company supported both Chrysler and General Motors in their search for government bridge loans during the 2008–2010 automotive industry crisis . Together, the three companies presented action plans for the sustainability of
25662-907: The recommendation of advisers from the Colombo Plan . The Malaysian Minister of Commerce and Industry, Lim Swee Aun , would become a key figure in the formation of Malaysia's automotive industry. The 1964 Malaysian automotive policy aimed to accelerate national industrialisation through the local assembly of vehicles and manufacturing of automobile components. The government would issue manufacturing licenses to both foreign and local companies who were interested in setting up automobile assembly plants in any Malaysian state, including Singapore. The government would reduce imports of complete-built up (CBU) vehicles by means of quota regulations and tariffs, and locally assembled (SKD or CKD) vehicles with Malaysian manufactured components would be granted reductions in import duties, making them cheaper and more competitive as
25844-620: The region and Sri Lanka . Buddhism later established a strong presence in Funan region in the fifth century. In present-day mainland Southeast Asia, Theravada is still the dominant branch of Buddhism, practised by the Thai, Burmese, and Cambodian Buddhists. This branch was fused with the Hindu-influenced Khmer culture. Mahayana Buddhism established presence in Maritime Southeast Asia, brought by Chinese monks during their transit in
26026-407: The region and made contacts with local courts. Local rulers converted to Hinduism or Buddhism and adopted Indian religious traditions to reinforce their legitimacy, elevate ritual status above their fellow chief counterparts and facilitate trade with South Asian states. They periodically invited Indian Brahmins into their realms and began a gradual process of Indianisation in the region. Shaivism
26208-500: The region are members of the Association of Southeast Asian Nations (ASEAN), a regional organisation established for economic, political, military, educational, and cultural integration among its members. Southeast Asia is one of the most culturally diverse regions of the world. There are many different languages and ethnicities in the region. Historically, Southeast Asia was significantly influenced by Indian , Chinese , Muslim , and colonial cultures, which became core components of
26390-423: The region as Islam provided a positive force among the ruling and trading classes. Gujarati Muslims played a pivotal role in establishing Islam in Southeast Asia. Trade among Southeast Asian countries has a long tradition. The consequences of colonial rule, struggle for independence, and in some cases war influenced the economic attitudes and policies of each country. From 111 BC to 938 AD northern Vietnam
26572-523: The region before the arrival of the Europeans. Islam began to make contacts with Southeast Asia in the eighth-century CE, when the Umayyads established trade with the region via sea routes. However its spread into the region happened centuries later. In the 11th century, a turbulent period occurred in the history of Maritime Southeast Asia . The Indian Chola navy crossed the ocean and attacked
26754-523: The region came under contact with the Indian subcontinent c. 400 BCE , it began a gradual process of Indianisation where Indian ideas such as religions, cultures, architectures, and political administrations were brought by traders and religious figures and adopted by local rulers. In turn, Indian Brahmins and monks were invited by local rulers to live in their realms and help transforming local polities to become more Indianised, blending Indian and indigenous traditions. Sanskrit and Pali became
26936-591: The region decolonised. Today, Southeast Asia is predominantly governed by independent states. The region, together with part of South Asia, was well known by Europeans as the East Indies or simply the Indies until the 20th century. Chinese sources referred to the region as Nanyang (" 南洋 "), which literally means the "Southern Ocean". The mainland section of Southeast Asia was referred to as Indochina by European geographers due to its location between China and
27118-644: The region en route to Nalanda . It is still the dominant branch of Buddhism practised by Indonesian and Malaysian Buddhists. The spread of these two Indian religions confined the adherents of Southeast Asian indigenous beliefs into remote inland areas. The Maluku Islands and New Guinea were never Indianised and its native people were predominantly animists until the 15th century when Islam began to spread in those areas. While in Vietnam, Buddhism never managed to develop strong institutional networks due to strong Chinese influence. In present-day Southeast Asia, Vietnam
27300-635: The region were the Pyu city-states that already existed circa second century BCE, located in inland Myanmar. It served as an overland trading hub between India and China. Theravada Buddhism was the predominant religion of these city states, while the presence of other Indian religions such as Mahayana Buddhism and Hinduism were also widespread. In the first century, the Funan states centered in Mekong Delta were established, encompassed modern-day Cambodia, southern Vietnam, Laos, and eastern Thailand. It became
27482-493: The region's cultural and political institutions. Most modern Southeast Asian countries were colonised by European powers. European colonisation exploited natural resources and labour from the lands they conquered, and attempted to spread European institutions to the region. Several Southeast Asian countries were also briefly occupied by the Japanese Empire during World War II . The aftermath of World War II saw most of
27664-487: The rest of Indonesia , Malaysia , southern Vietnam , and Palau by 1000 BC. They often settled along coastal areas, replacing and assimilating the diverse preexisting peoples. The Austronesian peoples of Southeast Asia have been seafarers for thousands of years. They spread eastwards to Micronesia and Polynesia , as well as westwards to Madagascar , becoming the ancestors of modern-day Malagasy , Micronesians , Melanesians , and Polynesians . Passage through
27846-457: The result of the Chola expeditions. As Srivijaya influence in the region declined, The Hindu Khmer Empire experienced a golden age during the 11th to 13th century CE. The empire's capital Angkor hosts majestic monuments—such as Angkor Wat and Bayon . Satellite imaging has revealed that Angkor, during its peak, was the largest pre-industrial urban centre in the world. The Champa civilisation
28028-440: The retirement of president and chief operations officer Jim Padilla in April 2006, Bill Ford assumed his roles as well. Five months later, in September, Ford named Alan Mulally as president and CEO, with Ford continuing as executive chairman. In December 2006, the company raised its borrowing capacity to about $ 25 billion, placing substantially all corporate assets as collateral. Chairman Bill Ford has stated that "bankruptcy
28210-503: The situation, GM decided to set up their regional assembly plant in the Dutch East Indies instead. In late 1926, a General Motors delegation approached the Dutch administration in Java . GM was granted permission to set up an assembly plant near Batavia , and in February 1927, N.V. General Motors Java Handel Maatschappij (GM Java) was established. The all-new GM Java plant, the colony's first automobile assembly plant, commenced production in May 1927. GM Java exported its produce throughout
28392-430: The time were run using forced labor . The creation of a scientific laboratory in Dearborn, Michigan, in 1951, doing unfettered basic research, led to Ford's involvement in superconductivity research. In 1964, Ford Research Labs made a key breakthrough with the invention of a superconducting quantum interference device or SQUID . Ford offered the Lifeguard safety package from 1956 , which included such innovations as
28574-406: The use of this brand name was discontinued with the introduction of the Ford Transit in 1965. Elsewhere in continental Europe, Ford assembles the Mondeo, Galaxy , S-Max and Kuga in Valencia (Spain), Fiesta in Cologne (Germany), Focus in Saarlouis (Germany), Ecosport and Puma in Craiova (Romania). Ford also owns a joint-venture production plant in Turkey. Ford Otosan , established in
28756-668: The voting rights. During the 2008–2010 automotive industry crisis , the company struggled financially but did not have to be rescued by the federal government, unlike the other two major US automakers. Ford Motors has since returned to profitability, and was the eleventh-ranked overall American-based company in the 2018 Fortune 500 list, based on global revenues in 2017 of $ 156.7 billion. In 2023, Ford produced 4.4 million automobiles, and employed about 177,000 employees worldwide. The company operates joint ventures in China ( Changan Ford ), Taiwan ( Ford Lio Ho ), Thailand ( AutoAlliance Thailand ), and Turkey ( Ford Otosan ). Ford owns
28938-402: The west and from the east. Regular trade between the ships sailing east from the Indian Ocean and south from mainland Asia provided goods in return for natural products, such as honey and hornbill beaks from the islands of the archipelago. Before the 18th and 19th centuries, the Europeans mostly were interested in expanding trade links. For the majority of the populations in each country, there
29120-433: The world as Fordism . Ford's former UK subsidiaries Jaguar and Land Rover , acquired in 1989 and 2000, respectively, were sold to the Indian automaker Tata Motors in March 2008. Ford owned the Swedish automaker Volvo from 1999 to 2010. In the third quarter of 2010, Ford discontinued the Mercury brand, under which it had marketed upscale cars in the United States, Canada, Mexico, and the Middle East since 1938. Ford
29302-412: The younger population of China. Solheim and others have shown evidence for a Nusantao maritime trading network ranging from Vietnam to the rest of the archipelago as early as 5000 BC to 1 AD. The Bronze Age Dong Son culture flourished in Northern Vietnam from about 1000 BC to 1 BC. Its influence spread to other parts Southeast Asia. The region entered the Iron Age era in 500 BC, when iron
29484-441: Was already inhabited by Homo erectus from approximately 1,500,000 years ago during the Middle Pleistocene age. Distinct Homo sapiens groups, ancestral to Eastern non-African (related to East Asians as well as Papuans) populations, reached the region by between 50,000BC to 70,000BC, with some arguing earlier. Rock art (parietal art) dating from 40,000 years ago (which is currently the world's oldest) has been discovered in
29666-438: Was appointed executive chairman in 1998, and also became chief executive officer of the company in 2001, with the departure of Jacques Nasser , becoming the first member of the Ford family to head the company since the retirement of his uncle, Henry Ford II , in 1982. Ford sold motorsport engineering company Cosworth to Gerald Forsythe and Kevin Kalkhoven in 2004, the start of a decrease in Ford's motorsport involvement. Upon
29848-598: Was comparatively little interaction with Europeans and traditional social routines and relationships continued. For most, a life with subsistence-level agriculture, fishing and, in less developed civilisations, hunting and gathering was still hard. Europeans brought Christianity allowing Christian missionaries to become widespread. Thailand also allowed Western scientists to enter its country to develop its own education system as well as start sending royal members and Thai scholars to get higher education from Europe and Russia. During World War II, Imperial Japan invaded most of
30030-817: Was drafted in the early 80s with the objective of accelerating technology transfer, increasing and rationalising local content, and involving more bumiputera entrepreneurs in the then largely ethnic Chinese dominated Malaysian automotive industry. The National Car Project would lead to the founding of Perusahaan Otomobil Nasional Sdn. Bhd. ( Proton ) in May 1983, and the launch of the Proton Saga in July 1985. Mini (A) / Small (B) Car Medium (C) / Large (D) Car Van / MPV (M) Crossover / SUV (J) Pickup / Truck X CBU import According to
30212-459: Was forged also in northern Vietnam still under Dong Son, due to its frequent interactions with neighbouring China. Most Southeast Asian people were originally animist , engaged in ancestors, nature, and spirits worship. These belief systems were later supplanted by Hinduism and Buddhism after the region, especially coastal areas, came under contact with Indian subcontinent during the first century. Indian Brahmins and traders brought Hinduism to
30394-438: Was formed. Singapore , Sarawak and North Borneo remained British crown colonies. In the late 1950s, the Malayan government began to emphasise industrialisation as a more dependable sector for economic stability and growth. Global tin and natural rubber demand witnessed large slumps and fluctuations throughout the early 20th century, and the mass production of synthetic rubber during World War II also had severe implications on
30576-595: Was founded by Henry Ford and incorporated on June 16, 1903. The company sells automobiles and commercial vehicles under the Ford brand, and luxury cars under its Lincoln brand. The company is listed on the New York Stock Exchange and is controlled by the Ford family . They have minority ownership but a plurality of the voting power. Ford introduced methods for large-scale manufacturing of cars and large-scale management of an industrial workforce using elaborately engineered manufacturing sequences typified by moving assembly lines . By 1914, these methods were known around
30758-465: Was going to cut 3,800 jobs across Europe, with the job cuts mainly focusing on their German and British workforce. Ford will be cutting 2,300 jobs from Germany, 1,300 from the United Kingdom, and an additional 200 jobs in the rest of Europe, according to the head of Ford Germany, Martin Sander. The cuts will mainly be done to the company's engineers. Ford also announced during the year that their electric vehicle business had lost $ 3 billion before taxes over
30940-552: Was introduced on April 17, 1964, during the 1964 New York World's Fair , where Ford had a pavilion made by The Walt Disney Company . In 1965, Ford introduced the seat belt reminder light. With the 1980s, Ford introduced several highly successful vehicles around the world. During the 1980s, Ford began using the advertising slogan, "Have you driven a Ford, lately?" to introduce new customers to their brand and make their vehicles appear more modern. In 1990 and 1994, respectively, Ford also acquired Jaguar Cars and Aston Martin . During
31122-498: Was located in what is today central Vietnam, and was a highly Indianised Hindu Kingdom. The Vietnamese launched a massive conquest against the Cham people during the 1471 Vietnamese invasion of Champa , ransacking and burning Champa, slaughtering thousands of Cham people, and forcibly assimilating them into Vietnamese culture. During the 13th century CE, the region experienced Mongol invasions , affected areas such as Vietnamese coast, inland Burma and Java . In 1258, 1285 and 1287,
31304-435: Was often grouped with Australia and Oceania in the mid to late 1800s, rather than with mainland Asia. The term Oceania came into usage at the beginning of the 1800s, and the earlier definitions predated the advent of concepts such as Wallacea. Ford Motor Company Ford Motor Company (commonly known as Ford ) is an American multinational automobile manufacturer headquartered in Dearborn, Michigan , United States. It
31486-404: Was once again forced out of Singapore. Following the 1950 Indonesian independence, GM's plant in Java was restructured, and became the Djakarta Branch of the GM Overseas Corporation. However, in April 1956, GM's shareholders liquidated the Djakarta Branch, and General Motors sold their Indonesian plant to P.N. Gaja Motors. In August 1957, Malaya gained its independence and the Federation of Malaya
31668-414: Was possible to drive from Singapore to Bangkok on the Malayan north-south highway. Car ownership in Malaya had also increased ten-fold between 1910 and 1925. The earliest automobiles arrived in Malaya during the 1890s and 1900s. Western car companies from America , the British Empire and Continental Europe had established a strong foothold in Malaya by the 1910s. The automobile market in colonial Malaya
31850-623: Was relatively small, and catered mainly to British expatriates and wealthy ethnic Chinese entrepreneurs in major cities such as Singapore , Penang , Kuala Lumpur and Ipoh . In the early 20th century, American car companies collectively held the largest share of the Malayan car market. The British administration made attempts to restrict the advancement of American cars in Malaya, as a means of protecting British business interests. American cars were subject to tariffs and periodical bans, while cars from Britain were allowed to be sold duty-free in Malaya. However, American cars were often cheaper despite
32032-408: Was responsible for the manufacture and sale of the famous Continental Mark II . At the same time, the Edsel division was created to design and market that car starting with the 1958 model year. Due to limited sales of the Continental and the Edsel disaster, Ford merged Mercury, Edsel, and Lincoln into "M-E-L," which reverted to "Lincoln-Mercury" after Edsel's November 1959 demise. The Ford Mustang
32214-422: Was set up in 1904 to capitalise on its British colony status, which allowed it to export automobiles duty-free to the various Empire colonies . Ford Canada appointed Dodge & Seymour to handle sales in Asia, and the first Ford models were shipped into Malaya in 1909. Malayan Ford sales grew in the following years, and Ford Canada decided to take direct control of its Malayan operations in 1926. In November 1926,
32396-446: Was still strong in 1950s and 1960s Malaysia, owing to bitter memories from the Japanese occupation several years prior. However, the Japanese cars continued to improve and gained a reputation for quality, reliability, high fuel efficiency and value for money. The Japanese cars were also on average cheaper than their more premium Western counterparts. Only a handful of Western companies such as Ford, Morris and Fiat were able to match
32578-435: Was strategically located along major ocean trade routes originating from East Asia and the Indian Ocean. Trade and commerce made British Malaya the most prosperous of all the European colonies in Southeast Asia . The boom of rubber and tin exports had funded the growth of the Malayan road network over the decades. In 1911, there were over 4,000 miles of road in the Straits Settlements and the Federated Malay States. By 1923, it
32760-436: Was the dominant religious tradition of many southern Indian Hindu kingdoms during the first century. It then spread into Southeast Asia via Bay of Bengal , Indochina, then Malay Archipelago, leading to thousands of Shiva temples on the islands of Indonesia as well as Cambodia and Vietnam, co-evolving with Buddhism in the region. Theravada Buddhism entered the region during the third century, via maritime trade routes between
32942-415: Was ultimately short lived. Rising costs, low local content, competition from Japanese cars, limited exports and a small domestic market had made local assembly unsustainable by the mid-1970s. In July 1979, the Singaporean government announced plans to abolish preferential treatment for all local assemblers by the end of 1980. By July 1980, all major car assembly plants in Singapore had shut down. In mid-1967,
33124-405: Was under Chinese rule. Vietnam was successfully governed by a series of Chinese dynasties including the Han , Eastern Han , Eastern Wu , Cao Wei , Jin , Liu Song , Southern Qi , Liang , Sui , Tang , and Southern Han . Records from Magellan's voyage show that Brunei possessed more cannon than European ships, so the Chinese must have been trading with them. Malaysian legend has it that
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