AG Automobiles Ltd. (AG Auto) was incorporated in August 2004 with a view to rejuvenating the country’s transport sector. AG Auto took up projects to create awareness of cleaner environment directly among the commercial vehicle owners. Long-term soft loan financing was bundled to vehicle owners to make the switch from diesel to environment friendly Compressed Natural Gas (CNG)
Commitment and performance led to getting attention from other world-renowned automobile brands seeking to enter and penetrate the automobile market of Bangladesh. Consequently, AG Auto received distributorship rights of Global Automobile Icon “Ford Motor Company”.
Ford is the second-largest U.S.-based automaker (preceded by General Motors) and the fifth-largest in the world based on 2010 vehicle sales. At the end of 2010, Ford was the fifth largest automaker in Europe. Ford is the eighth-ranked overall American-based company in the 2010 Fortune 500 list, based on global revenues in 2009 of $118.3 billion. In 2008, Ford produced 5.532 million automobiles and employed about 213,000 employees at around 90 plants and facilities worldwide
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