The Chinese government has approved the restructuring plan of Changan Ford Mazda Automobile (CFMA). The three-way joint venture will now be split into two separate JVs – Changan Mazda Automobile and Changan Ford Automobile, with immediate effect. CFMA originally sought government approval to restructure in May 2010, although the JV partners Subscribe to Automotive World … Continued
The Chinese government has approved the restructuring plan of Changan Ford Mazda Automobile (CFMA). The three-way joint venture will now be split into two separate JVs – Changan Mazda Automobile and Changan Ford Automobile, with immediate effect.
CFMA originally sought government approval to restructure in May 2010, although the JV partners
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https://www.automotiveworld.com/articles/fords-chinese-jv-with-mazda-changan-automobile-comes-to-an-end/
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