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Ford has traditionally lagged behind global auto majors such as General Motors, Toyota and Volkswagen AG, but the company is investing significantly in the region to increase capacity and expand the product line as it looks to cut its dependency on the North American market.
FORBES: Ford Looks To S. Korea As Its Next Asian Growth Engine
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The top-line revenue decline has prompted initiatives focused on diversifying the business and reducing dependency on the traditional print newspaper business.
FORBES: Gray Lady Faces Harsh Reality, 10% Downside
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To encourage opportunity and jobs rather than dependency and welfare, we will propose that individuals living at or near the poverty line be totally exempt from Federal income tax.
CNN: State of the Union Address