China: Ford mulls new car plant following JV split

Ford is reportedly considering setting up a new plant in China following the dissolution of its three-way venture with Mazda and Changan, reports Reuters, citing 21st Century Business Herald. Ford holds 35% of Changan Ford Mazda Automobile (CFMA), Mazda holds a 15% stake and Changan controls the remaining 50%. Last year, Subscribe to Automotive World … Continued

• By Webmaster
• February 17, 2011