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business Mar 4, 2026, 3:38 PM
Ford rejects U.S. market for popular Puma due to low buyer interest - Ford CEO Jim Farley explained why the popular Ford Puma won't be available in the US market.
- He indicated a lack of sufficient buyers for the vehicle, citing its size and cost concerns.
- Farley's focus is on electric and hybrid vehicles to compete with Chinese automakers.
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business Jan 27, 2026, 10:57 AM
Anta Sports to become Puma's largest shareholder in $1.8 billion deal - Anta Sports Products announced its acquisition of a 29.06 percent stake in Puma for $1.8 billion.
- The deal aims to enhance Puma's performance, particularly in the Chinese market, where it is currently underrepresented.
- This acquisition is expected to mark a strategic shift for both companies, with potential growth for Puma under Anta's management.
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2026 All rights reserved
2026 All rights reserved