DEARBORN, Michigan (Reuters) - Ford Motor Co is expanding its manufacturing footprint in emerging markets and overhauling its production methods to give it more flexibility and reduce plant downtime, company executives said Monday.
A global expansion that began in 2011 will see the addition by 2015 of new assembly plants in China and India, as well as new powertrain plants in Brazil, China, India and Russia, Ford officials said here at a ceremony marking the centennial of Henry Ford's moving assembly line.
The automaker also said it is reducing the number of global vehicle platforms to nine from 15 by 2017, and plans to build an average of four different vehicles per plant in a bid to improve efficiency, reduce cost and respond more quickly to changing consumer tastes.
Ford aims to further improve its manufacturing flexibility and speed by adopting such advanced techniques as 3D printing of prototype parts.
In a statement, Ford said 90 percent of its global factories by 2017 will run virtually around the clock on three shifts a day, boosting production run time by more than 30 percent. (Reporting by Paul Lienert in Detroit; Editing by Bernard Orr)
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
