Reuters logo
BRIEF-Ford Outlines Next Phase Of Its China Expansion Strategy​
December 5, 2017 / 12:51 PM / 6 days ago

BRIEF-Ford Outlines Next Phase Of Its China Expansion Strategy​

Dec 5 (Reuters) - Ford Motor Co:

* INTRODUCING MORE THAN 50 NEW VEHICLES IN CHINA BY 2025

* PLANS TO LOCALLY ASSEMBLE FIVE MORE VEHICLES IN CHINA FOR CHINESE CUSTOMERS STARTING IN 2019

* ALL NEW VEHICLES IN CHINA TO BE INTERNET-CONNECTED BY END 2019

* FORD CONTINUES WORKING WITH BAIDU ON AUTONOMOUS VEHICLE DEVELOPMENT

* “TO ENABLE FUTURE GROWTH IN CHINA”, CO TO CONTAIN STRUCTURAL COST IN REGION THROUGHOUT 2018

* CO PLANS TO GROW ITS CHINA REVENUE BY 50 PERCENT BY 2025 VERSUS 2017

* STRENGTHENING TIES WITH JV PARTNERS CHANGAN AND JIANGLING IN 2018 & ESTABLISHING A DISTRIBUTION SERVICES DIVISION

* PLANS TO LOCALLY ASSEMBLE FIVE MORE VEHICLES IN CHINA STARTING IN 2019 INCLUDE A LINCOLN PREMIUM SUV, CO‘S FIRST GLOBAL ALL-ELECTRIC SMALL SUV Source text for Eikon: Further company coverage:

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below