Car giant Ford is in talks with the Changan Automobile Group to build a passenger car in China, say U.S. media reports (3/8/00).
Quoting auto analysts, the reports suggest Dearborn, Michigan-based Ford is to build a vehicle based on its compact four-door Ikon model created for the Indian market.
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
The proposed vehicle would be larger than Changan`s Alto model say the reports, but would be within the reach of China`s new private buyers.
The world`s number two car manufacturer already has six joint venture companies that make car components within the region, alongside a 30 per cent stake in commercial-vehicle producer Jiangling Motor Corp.
Ford has imported commercial vehicles to China since 1979, with the company having now established 3 nationwide parts distributors, 11 dealers and 44 authorized service facilities within the area.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData
