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  Jiangling Motor plans to establish Jiangling Ford passenger car Company with Ford Motor

  On September 26, Jiangling Motor Co., Ltd. issued an announcement to jointly fund the establishment of Jiangling Ford Joint Venture with Ford Motor Company. The registered capital is 200 million yuan, of which Jiangling Motor contributes 102 million yuan and holds 51 per cent of the shares, while Ford contributes 98 million yuan and holds 49 per cent of the shares. From the proportion of equity distribution, Jiangling Motor has more initiative, while Ford should provide more relevant technology. According to the announcement, Jiangling Ford Joint Venture will mainly provide distribution services for Ford-branded vehicles produced by Jiangling Motor, which can also be sold through dealers or terminal customers.

  Jiangling Motors 2021-09-28
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  Heavy! Ford changed coach in China.

  On February 24th, Ford China announced that Chen Anning, President and CEO of Ford China, has decided to retire. Wu Shengbo, current Managing Director and Chief operating Officer of Ford China, will officially take over as President and CEO of Ford China from March 1 to Jim ∙ Ji, President and CEO of Ford Motor Company.

  Ford China Automobile Chen an Company Market President sales Lincoln Electric Chery Director Ford Motor Company Model Chief 2023-02-24
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  The report of Ford Motor in response to "canceling the integration plan in China" is not true! But what's the truth?

  According to relevant media reports, Chen Anning, CEO of Ford Motor, revealed in an interview that the company has cancelled its plan to establish a unified national sales company in China. The plan has exacerbated distrust of the company by Ford's joint venture partners in China and led to a sharp drop in sales in the world's largest car market. In June last year, Ford announced that in order to improve channel efficiency, it had decided to unify the three sales networks of Ford China, Changan Ford and Jiangling Ford, so that consumers could buy all Ford products at any of Ford's 4S stores. This practice is also considered meaningful and can increase its losses.

  Ford 2019-09-05
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  Ford brand sales soared, and Jiangling Motor received 168 million yuan in government support.

  On December 19th, Jiangling Motor announced that the company received a total of 168.293 million yuan from Nanchang City, Nanchang Xiaolan Economic Development Zone and Shanxi Transformation Comprehensive Reform demonstration Zone. The above government support funds are related to income and will be included in the company's profits and losses in 2019. In Beijing, where Jiangling Motor received government support, Jiangling Motor's profits fell short of expectations due to the sluggish automobile market and other reasons. According to the third quarter financial report, Jiangling Motor realized operating income of 6.686 billion yuan in the third quarter of this year, an increase of 13.28% over the same period last year.

  Ford Jiangling 2019-12-19
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  With another personnel adjustment in Ford China, Armstrong will serve as president of Changan Ford.

  On the evening of August 22, 2019, Ford China announced an important personnel appointment: Ford Motor Company will appoint Stephen Armstrong, chairman of its European operations, to succeed he Junjie as president of its joint venture in China, in order to deepen cooperation between the two sides and launch more models, thereby curbing the continued decline in sales in the Chinese market. The appointment will take effect on October 1. He Junjie, the current president of Changan Ford, will retire at the end of 2019 after 34 years of service with the Ford Motor Company. Mr. he Junjie, the current president of Changan Ford, has served as marketing, sales, and so on in more than 30 years for Ford.

  Ford 2019-08-23
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  Ford's performance suffered a serious setback, and Jim Farley, the new chief operating officer, rushed to take office.

  Ford announced that Jim Farley has been appointed chief operating officer of Ford Motor Company, responsible for Ford's global marketing and automotive operations, Ford's smart mobile travel and self-driving operations, and reports to Ford President and CEO Jim Hackett.

  Changes in Ford executives 2020-02-08
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  Personnel change! Xiang Dongping joined Jiangling Ford

  According to media reports, Xiang Dongping has joined Ford China as general manager of Jiangling Ford passenger car Marketing Company, with overall responsibility for brand, marketing, sales and service. Data show that since 1998, Xiang Dongping has successively entered SAIC-Volkswagen, Skoda, Volvo and the new car-building force Skyline Automobile, serving as SAIC-Volkswagen brand executive director, Volvo China sales company executive deputy general manager, Skyline automobile director, chief marketing officer and other positions. On March 22, 2020, Xiang Dongping served as Vice President of Hyundai Motor Group (China), deputy general manager of Beijing Hyundai, sales headquarters.

  Jiangling Ford 2021-08-23
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  Current COO Jim Farley will serve as Ford CEO to help Ford turn things around.

  According to media reports, Jim Farley, the new chief operating officer of reactive Hot Motor, will serve as the company's new chief executive to help Ford Motor Company through the crisis. Ford announced on Feb. 7 that Jim Farley will be its chief operating officer, reporting to Ford President and CEO Jim Hackett. At the same time, Ford also announced that the current president of the automotive business, Joe Hinrichs, officially retired after 19 years of service with Ford. Jim Farley joined Ford in 2007, at first.

  Ford Motor 2020-03-14
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  Changan Ford plans to set up a new company with Changan Automobile

  On August 11, the public information on simple cases of operator concentration released by the second Department of Anti-monopoly Law Enforcement of the State Administration of Market Supervision and Administration showed that Changan Ford Motor Co., Ltd. (hereinafter referred to as "Changan Ford") intends to sign an agreement with Chongqing Changan Automobile Co., Ltd. (hereinafter referred to as "Changan Automobile") to establish a new joint venture, a joint venture.

  Ford Changan Automobile sales China Brand Market Business Model Electric Company Changan Automobile fuel Enterprise New Energy 2023-08-12
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  Change the handsome! Ford China Industrial and Commercial change

  A few days ago, Ford Motor (China) Co., Ltd. (hereinafter referred to as "Ford China") has undergone an industrial and commercial change, changing its legal representative from ANNING CHEN (Chen Anning) to SHENGPO WU (Wu Shengbo). Meanwhile, SHENGPO WU (Wu Shengbo) became chairman of Ford China.

  Ford Automobile China Chen'an Changan sales Company Market Model Chief Chery Director growth Brand President 2023-03-27
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  Ford: sales in China fell by 26% in 2019, and many new cars are made in China this year.

  Ford Motor Company released sales figures for the Chinese market, which fell 26.1% year-on-year to 567854 vehicles in 2019. Of these, Ford sold 146473 vehicles in China in the fourth quarter of 2019, down 14.7 per cent from a year earlier. There is no doubt that Ford's performance in the Chinese market is once again at a low ebb, with sales falling for three consecutive years since 2017. According to data, Ford's total sales in China reached 1.27 million in 2016, the highest since entering China. Ford missed the opportunity for sustained growth and fell for three years due to problems such as slow product updates.

  Ford Ruiji 2020-01-13
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  Changan Automobile: the 163 million monopoly penalty of Changan Ford has no significant impact on the company's finance.

  Changan Ford was fined 163 million yuan by the State Administration of Market Supervision and Administration for monopolistic behavior, becoming the first fine for the automobile industry in 2019. In response to this matter, Changan Ford issued an official statement saying that it respects and implements the punishment decision made by the relevant state departments in the anti-monopoly investigation. Changan Automobile, a shareholder of Dongfang, issued a notice saying that the punishment had little impact on the company. Changan Automobile issued a notice saying that after verification, the administrative penalty did not have a significant impact on the production and operation activities of the company (including Changan Ford). Because Changan Ford has been in 2018, according to the regulatory requirements of the national regulatory authorities, the above behavior may guide.

  Ford Changan Automobile Automobile Changan Monopoly 2019-06-07
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  Xiong Yi, a former Bowo executive, joined Ford as vice president of sales and director of marketing at Changan Ford.

  Another Bowo executive joins Ford China! After Yang Song and Huo Jing, Xiong Yi, general manager of Baowo Automobile Group Marketing Company, has officially joined Ford's national sales and service organization as vice president and marketing director of Changan Ford's national sales and service organization. Data show that Xiong Yi became general manager of Baowo Automobile Group Marketing Company in April 2018 and was poached by Yang Song of Baowo. Xiong Yi has also worked for DPCA, Dongfeng Nissan and Dongfeng Renault for 19 years. At present, Ford is assembling a new leadership team composed of local talents, with Chen Anning as the leader and vice president of Ford Motor Company.

  Ford sales Changan President Baowo Xiong Yi as 2019-06-13
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  Ford Motor is investigated by the U.S. Department of Justice for falsely reporting vehicle emissions.

  According to local media reports on April 27, the US Department of Justice is conducting a criminal investigation into Ford's vehicle emission certification process, while Ford is also conducting an internal review. Ford announced two months ago that its employees had made a mistake in the process of testing the vehicle's load emissions, that is, the load test environment conducted in the laboratory was different from the actual road environment. (for example, the loss of tires caused by external temperature, the wind resistance caused by aerodynamics, and the fuel consumption of vehicles under different load conditions.) the laboratory data will make the manufacturer think that the fuel consumption of the product will be better under objective conditions. The company.

  Ford Emission door 2019-04-28
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  The latest development of Ford's severance plant, employees receive 62 months' salary

  According to print media reports such as NDTV in New Delhi, Ford Motor India reached a severance compensation agreement with workers at its factory in Tamil Nadu, India, after it announced the closure of its Indian plant last year, with each employee receiving an average salary of 62 months. According to the report, Balasu, the transformation officer of Ford India,

  India Automobile Ford Market employee Factory Great Wall Business sales growth Investment payment payroll Company Branch 2022-10-02
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  Ford's market capitalization exceeded 100 billion US dollars for the first time by electrification.

  According to the latest data, Ford Motor, the second largest automaker in the United States, currently has a market capitalization of 100.66 billion US dollars, surpassing General Motors, Daimler and other car companies one after another, after Tesla, Toyota, Volkswagen and BYD. It is understood that on Thursday, Ford shares rose 5.7 per cent to $25.87 in intraday trading, with a market capitalization of more than $100 billion for the first time in its nearly 120-year history, but then gave up some of its gains to close up 2.25 per cent at $25.02. the market capitalization fell to $99.99 billion. On Friday, Ford shares rose 0.68% to close at $25.19.

  Ford Motor 2022-01-15
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  Does Zhongtai Ford become a "rotten tail building"? The listing time of Jianghuai Volkswagen is a long way off?

  Zhongtai Ford is a joint venture brand formed by Zhongtai Motor and Ford Motor in November 2017. according to the agreement at that time, the first new car of the joint venture company will go into production in September this year, but it is only two months before it goes into production. So far, there has been no substantial progress on the project. It is understood that the name of the company has not passed the formal examination and approval of the National Development and Reform Commission, and it is still unknown whether the production can be carried out normally. However, Zhongtai Ford is not alone, another earlier Sino-foreign joint venture Jianghuai Volkswagen, its first model Sihao E20X was unveiled in May last year, but more than a year later.

  Ford Volkswagen Zhongtai Jianghuai 2019-08-05
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  Ford executives: no car company is willing and impossible to give up the Chinese market

  China's automobile production and marketing has been ranked first in the world for 11 years in a row, and its market position has become increasingly important, but with the current stock competition, many foreign-funded car companies have retreated after encountering difficulties. After Suzuki withdrew from the domestic joint venture in 2018, Changan PSA was dissolved at the end of 2019, and Renault stopped operating the Dongfeng Renault joint venture in 2020. Under the Matthew effect, weak foreign-funded automobile companies may not be able to support delisting one after another. In view of the current overall auto market environment, Ford executives said that no car company can give up the Chinese market, but should be bigger and stronger in the Chinese market. December 9, the eighth "Development Zone Dialogue 50."

  Changan Ford Ford China 2020-12-10
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  A century-old car company "thunderstorm" has lost 50 billion of its market value in a day!

  On Sept. 20, Ford's U.S. stock fell 12.32% to close at $13.09 per share, with a total market capitalization of $52.62 billion. Compared with the previous day's total market capitalization, Ford Motor lost $7.3 billion (51.2 billion yuan) a day. Yesterday, Ford issued a profit warning for the third quarter

  Car Ford chip problem supply chain supply impact second quarter company market vehicle shortage sales growth data 2022-09-21
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  The automobile industry has entered a collective shutdown period, and a number of car companies have announced the extension of their holidays.

  With the continuation of the COVID-19 epidemic, the resumption of production in the automobile industry will be affected. so far, a number of car companies have announced that the opening of the factory has been postponed. In addition to a number of car companies that have set up factories in Hubei, including Toyota, Hino, Tesla and Ford, they have also announced delayed resumption plans.

  A number of car companies have delayed returning to work 2020-01-30