Tuesday, February 28, 2012

Ford Faces China Hurdles

BEIJING?Ford Motor Co. is facing stiff industrywide regulatory obstacles to future growth in China, even as the auto maker launches a $490 million plant to boost its presence there.

The plant opened Friday in the southwestern Chinese city of Chongqing?its third passenger-car plant and fourth overall assembly plant in China?will give it much-needed capacity to help propel sales.

Ford lags far behind General Motors Co. and other global rivals in penetrating China's market, the world's biggest in the number of vehicles sold.

Last year, Ford sold 519,390 vehicles in China, including passenger cars and commercial vans. That number was up ...

BEIJING?Ford Motor Co. is facing stiff industrywide regulatory obstacles to future growth in China, even as the auto maker launches a $490 million plant to boost its presence there.

The plant opened Friday in the southwestern Chinese city of Chongqing?its third passenger-car plant and fourth overall assembly plant in China?will give it much-needed capacity to help propel sales.

Ford lags far behind General Motors Co. and other global rivals in penetrating China's market, the world's biggest in the number of vehicles sold.

Last year, Ford sold 519,390 vehicles in China, including passenger cars and commercial vans. That number was up ...

Source: http://feeds.wsjonline.com/~r/wsj/xml/rss/3_7013/~3/s_DqckjderI/SB10001424052970203833004577246750120026214.html

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