Ford Motor Company (NYSE:F) agreed to acquire Manufacturing Plant in Rayong of Suzuki Motor Corporation on January 24, 2026. The acquisition for Ford Motor is a strategic expansion of its existing Thai operations, reinforcing the country's role as a key export hub for its Ranger and Everest models. The transaction move marks the culmination of a major expansion of Ford?s Thai operations, backed by a TBH 133 billion ($3.9 billion) investment spread over 30 years.

Consequently, Suzuki will cease all domestic manufacturing in Thailand by the end of 2025. While the financial terms remain undisclosed, the transfer of land and assets is expected to be completed within the coming months.