Ford building more Edges in Oakville for the global market
Automaker says it will export utility vehicle to more than 60 countries.
Ford’s new Edge concept at the Canadian International Auto Show in Toronto. Photo: Ford
TORONTO — Following Ford of Canada’s $700 million investment in its Oakville Assembly Plant in September, the automaker has announced it will build the new Ford Edge global utility vehicle there.
Ford cited growing global demand for the vehicle that will be shipped to more than 60 countries from the Canadian plant.
The global utility segment grew 13% year over year in 2013, and Ford is claiming 35% growth with more than 1.2 million vehicles sold worldwide. Edge production surpassed its one-million vehicle milestone last year.
The utility segment in markets outside North America grew 112% last year and is forecast to grow 30% in 2014. Ford expects utility sales to total approximately 600,000 vehicles this year.
“The decision to produce the all-new global Edge in Canada is proof that Canadian manufacturers can compete, and win, globally,” said Dianne Craig, president and CEO, Ford Motor Company of Canada Ltd.
Oakville Assembly employs 2,800 and manufactures Ford Edge and Ford Flex, as well as Lincoln MKX and Lincoln MKT.
“Oakville is vital to Ford’s global manufacturing system as we prepare to launch more vehicles this year than ever before,” said Joe Hinrichs, Ford president of The Americas.
The Edge Concept is on display at the Canadian International Auto Show in Toronto.