UPDATE 1-Ford China JV sees car sales up 20 pct in 2005

Newswire

(Adds details) SHANGHAI, Sept 21 (Reuters) - Ford Motor Co.'s main Chinese car venture expects its sales to rise more than 20 percent in 2005, a senior executive said on Wednesday, outpacing the market but lagging some rivals. "We'll see at least a 20 percent rise in sales this year," said Zou Wenchao, executive vice president of Changan Ford. The U.S. company sold 53,000 cars in 2004 from Changan Ford, its venture in the southwest of the country with local car maker Changan Automobile ...

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