Ford’s joint-venture with Mazda and Chongqing Changan Automobile is drawing to a close in China, with final government approval green-lighting the breakup expected shortly, a top Ford executive says. The U.S. auto maker currently controls 35% of Changan Ford Mazda, while Changan holds 50% and Mazda has 15%. Once the split is approved, Ford plans to take a 50% stake in a new JV with Changan, dependent on the government’s nod, says Joe Hinrichs, president of Ford Asia-Pacific and Africa. ...

Premium Content (PAID Subscription Required)

"Printer-friendly" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!


For WardsAuto.com pricing and subscription information please contact
Amber McLincha by email: amclincha@wardsauto.com or phone: (248) 799-2622
 

Current subscribers, please login or CLICK for support information.