Ford looking to expand further into the Chinese market

From the Detroit Free Press:

Ford Motor Co. is talking to its partners in China about changing the structure of the three-way Changan Ford Mazda venture in the world’s hottest car market, Joe Hinrichs, Ford’s new president for Asia Pacific and Africa, told the Free Press Monday.

He also said that Ford, a latecomer to the Chinese market, aims to significantly boost its 2% market share there. “Clearly we believe that we should have a stronger presence than 2% of the market,” he said. “We need to grow our business in Asia.”

Continue reading Ford wants more of the Chinese market, looks at changing structure of Changan Ford Mazda venture

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s