Ford Motor, Chongqing Changan Automobile to Deepen Strategic Cooperation in China
September 26 2019 - 06:08AM
Dow Jones News
By Martin Mou
Ford Motor (F) and Chongqing Changan Automobile Co. (000625.SZ)
have agreed to launch at least 18 new car models over the next
three years in China via their joint venture.
The two companies will also accelerate the production of cars
under Ford's luxury brand Lincoln.
The latest initiative is part of an agreement for the two
parties to deepen their partnership in China, Chongqing Changan
Automobile said Thursday.
The joint venture also plans to manufacture Ford's new-energy
vehicles in China, the Chinese company said.
Write to Martin Mou at martin.mou@wsj.com
(END) Dow Jones Newswires
September 26, 2019 05:53 ET (09:53 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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