BR100 Increased By (0.54%)
BR30 Increased By (0.72%)
KSE100 Increased By (0.49%)
KSE30 Increased By (0.52%)
BECO 6.06 Increased By ▲ 0.29 (5.03%)
BML 53.10 Increased By ▲ 0.10 (0.19%)
BOP 34.19 Increased By ▲ 0.20 (0.59%)
CNERGY 8.17 Increased By ▲ 0.06 (0.74%)
DCL 12.45 Increased By ▲ 0.25 (2.05%)
FCCL 53.25 Increased By ▲ 0.42 (0.8%)
FCSC 5.18 Increased By ▲ 0.11 (2.17%)
FFL 18.11 Increased By ▲ 0.16 (0.89%)
FNEL 1.30 Increased By ▲ 0.01 (0.78%)
HUMNL 10.95 Increased By ▲ 0.07 (0.64%)
KEL 8.07 Increased By ▲ 0.05 (0.62%)
KOSM 5.50 Decreased By ▼ -0.02 (-0.36%)
MLCF 87.40 Increased By ▲ 0.89 (1.03%)
NBP 186.25 Increased By ▲ 1.09 (0.59%)
PACE 10.78 Increased By ▲ 0.20 (1.89%)
PAEL 39.52 Increased By ▲ 0.10 (0.25%)
PIAHCLA 26.14 Decreased By ▼ -0.08 (-0.31%)
PIBTL 16.85 Increased By ▲ 0.18 (1.08%)
PPL 229.05 Increased By ▲ 0.87 (0.38%)
PRL 34.80 Increased By ▲ 0.12 (0.35%)
PTC 66.85 Increased By ▲ 1.52 (2.33%)
SEARL 90.62 Increased By ▲ 0.49 (0.54%)
SSGC 26.80 Increased By ▲ 0.20 (0.75%)
TELE 8.70 Increased By ▲ 0.42 (5.07%)
THCCL 58.86 Increased By ▲ 0.36 (0.62%)
TPLP 8.46 Increased By ▲ 0.24 (2.92%)
TREET 24.68 Increased By ▲ 0.15 (0.61%)
TRG 70.00 Increased By ▲ 0.29 (0.42%)
WAVES 10.05 Increased By ▲ 0.11 (1.11%)
WTL 1.29 Increased By ▲ 0.01 (0.78%)
By

MADRID: Ford is considering making a new sports-utility vehicle (SUV) at its plant in Valencia in Spain, the company said on Thursday.

“We are closely monitoring the evolution of the European markets for opportunities to enhance our current product offering,” the group said.

“Given the changes we see in the industry, we believe there is an opportunity to add an all-new multi-energy SUV to the Europe cycle plan, to be manufactured in Valencia.” The group said this was still subject to a formal decision.

Spanish newspaper Cinco Dias first reported that Ford was weighing production of a new passenger car at the Almussafes plant in Valencia.

“Great news for Valencia, Spain and the workers of @FordSpain. The company’s decision to produce electric vehicles guarantees the viability of the Almussafes plant for the coming years,” Spanish Prime Minister Pedro Sanchez said in a message on X.

Comments

Comments are closed for this article.