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- andheavy-duty truck volumes
•Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
LisaWilliamson by email: email@example.com or phone: (248) 799-2642
Current subscribers, please login or CLICK for support information.