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Ford’s Armstrong to handle India and South America restructuring | Automotive Trade Information
Ford has introduced administration adjustments designed to ‘velocity turnarounds of key regional models’.
Steven Armstrong, ex-CEO of Ford Europe who has led the Changan Ford three way partnership in China for the previous 12 months and a half, will turn into transformation officer, South America and India, efficient Might 1. In that position, he’ll lead analysis of capital allocations to India and conclusion of restructuring of Ford’s South America enterprise.
The corporate mentioned in January that, going ahead, it can serve prospects in South America with SUVs, pickups and business autos sourced from Argentina, Uruguay and different markets.
On the identical time, Daniel Justo, at the moment Ford’s CFO within the area, will turn into, president, Ford South America. Justo and Anurag Mehrotra, managing director, Ford of India, each will report back to Armstrong in his new position.
After a transition interval, Lyle Watters, who’s presently Ford’s president, South America and Worldwide Markets Group, and headed the transformation planning for South America, will relocate to Shanghai and tackle the newly created place of basic supervisor, Ford Passenger Automobile Division, inside Ford China, beginning July 1.
Watters and his staff can be accountable for broadening Ford’s enchantment to and enhancing the expertise of consumers with must-have services and products – an increasing number of of them developed in-country for China shoppers.
Each Watters and Armstrong are Ford company officers. Armstrong will report back to Kumar Galhotra, president, Americas and Worldwide Markets Group, together with Dianne Craig, who turned president of Ford’s Worldwide MarketsGroup in February. In his new place, Watters will report back to Anning Chen, president and CEO, Ford China.