Changan Ford Motor to set up JV with Chongqing Changan Auto

2023-08-11 22:57

BEIJING Changan Ford Motor plans to set up a new-energy passenger car joint venture with Chongqing Changan Automobile,

Changan Ford Motor to set up JV with Chongqing Changan Auto

BEIJING Changan Ford Motor plans to set up a new-energy passenger car joint venture with Chongqing Changan Automobile, according to a document published by China's market regulator on Friday.

Changan Ford Motor will own a 60% stake and Chongqing Changan Automobile 40%.

(Reporting by Beijing Newsroom)