Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Ford Territory Reaches 150,000 Manufacturing Milestone

Ford Territory Reaches 150,000 Manufacturing Milestone

The Ford Territory has reached a production milestone of 150,000 units.

“This is a significant milestone for us,” said Bob Graziano, Ford Australia president and CEO. “To have designed, engineered and manufactured a vehicle that has proven to be a hit with customers since launch.”

“Territory was the brainchild of Ford in Australia and we are incredibly proud of this car and what it has achieved,” Graziano said.

“The latest Territory, which is now available with a diesel engine, continues to be an incredibly strong seller, providing a versatile solution to our customers’ driving needs,” Graziano said.

Territory offers car-like styling and driving dynamics with the versatility of a traditional SUV or people mover and has been an outstanding success for Ford in Australia and New Zealand.

When launched, the Territory was ahead of its time, identifying that families were drawn to the command driving position and interior versatility of an SUV compared to a large sedan.

“The idea for Territory began – as all great cars do – by recognising customer need,” the then Vehicle Director Russell Christophers said at the launch in 2004.

Extensive market research established a growing need for a vehicle combining the best characteristics of family sedans, traditional SUVs and people movers.

2005 was Territory’s first full year of production – and best sales year – with 28,447 units produced at Ford’s Broadmeadows assembly plant.

Ford launched a number of firsts with Territory, including the first Australian-made vehicle to offer Inflatable Curtain Airbags, Dynamic Stability Control and in 2005, the SY Territory added the availability of a reversing camera to the list.

As the Territory continued to achieve sales success for Ford, the SZ was launched in 2011, with a more fuel efficient petrol engine, and for the first time, a 2.7-litre Turbo Diesel with a six-speed automatic transmission providing outstanding fuel economy.

Ford’s acclaimed 2.7-litre V6 TDCi diesel engine, was added to the range as part of Ford Australia’s $232 million investment in sustainability, with assistance from the Federal Government’s Green Car Innovation Fund and the Victoria State Government which included development of the 2.0-litre EcoBoost Falcon as well as the introduction of Liquid-Phase injection technology for the Falcon.

The SZ Territory saw the introduction of a new high-series ‘Titanium’ model which is a top seller in the model line-up today.
The SZ boasts high refinement levels and 5-star crash safety mated to a stylish and contemporary look that aligns with the signature styles of other Ford products.

Ford Territory Facts:
• Championed by Geoff Polites, then President Ford Australia 1999-2004
• $500 million project approved by Ford USA for an Australian lead
• Won Wheels Magazine Car Of The Year in its launch year of 2004
• The first Australian made and developed SUV
• The first Australian made vehicle to offer Inflatable Curtain Airbags
• The 150,000th Territory is a RWD TX TDCi in Winter White.


ends

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Keep Digging: Seabed Ironsands Miner TransTasman Tries Again

The first company to attempt to gain a resource consent to mine ironsands from the ocean floor in New Zealand's Exclusive Economic Zone has lodged a new application containing fresh scientific and other evidence it hopes will persuade regulators after their initial application was turned down in 2014. More>>

Wool Pulled: Duvets Sold As ‘Premium Alpaca’ Mostly Sheep’s Wool

Rotorua business Budge Collection Limited (Budge) and sole director, Sun Dong Kim, were convicted and fined a total of $71,250 in Auckland District Court after each pleading guilty to four charges of misrepresenting how much alpaca fibre was in their duvets. More>>

Reserve Bank: Labour Calls For Monetary Policy To Expand Goals

Labour's comments follow a speech today by RBNZ governor Graeme Wheeler in which Wheeler sought to answer critics who variously say he should stop lowering interest rates, lower them faster, or that inflation-targeting should no longer be the primary goal of the central bank's activities. More>>

ALSO:

BSA Extension And Sunday Morning Ads: Digital Convergence Bill Captures Online Content

Broadcasting Minister Amy Adams has today announced the Government’s plans to update the Broadcasting Act to better reflect today’s converged market... The Government considered four areas as part of its review into content regulation: classification requirements, advertising restrictions, election programming and contestable funding. More>>

ALSO:

March 2017: Commerce Commission Delays Decision On Fairfax-NZME

The Commerce Commission has delayed its decision on the proposed merger between NZME and Fairfax Media's New Zealand assets, saying the deal is complex and it needs more time to assess the impact on both news content and the advertising market. More>>

ALSO:

Plan Plan: Permanent Independent Hearings Panel Proposed For Planning

The Productivity Commission recommends creating a permanent independent hearings panel like the one that cut through local politics to settle Auckland’s Unitary Plan, for the whole country. More>>

ALSO:

Statistics: NZ Jobless Rate Falls To 5.1% Under New Methodology

New Zealand's unemployment rate fell more than expected in the second quarter as Statistics New Zealand adopted a new way of measuring the labour market to bring the country in line with international practices, and while a growing economy continued to support jobs growth. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news