How many joint ventures does Ford have in China?
1 Answers
Ford has two joint ventures in China, namely Changan Ford and Jiangling Ford. Below are detailed introductions: Development of Changan Ford and its vehicle models: Changan Ford was established in 2001, jointly funded by Changan Automobile Co., Ltd. and Ford Motor Company. Changan Ford currently produces and sells the following models: Classic Focus, New Focus, Ford Max, Ford Mondeo-Zhishang, New Ford Fiesta Hatchback and Sedan, Kuga, and EcoSport. Development of Jiangling Ford and its vehicle models: Jiangling Motors began its strategic partnership with Ford in 1995. Jiangling Ford primarily produces Transit commercial vehicles or pure SUVs like the Ford Everest.