Gasgoo.com (Shanghai December 27) - Following its recent engine and gearbox manufacturing programs in Chongqing and the establishment of its second automobile factory with Changan, Ford is setting its sights on its next target, Jiangxi's capital of Nanchang. According to a report by Economic Observer News, Ford Motor China CEO and Chairman David Schoch said that he was extremely satisfied with the status of Ford's progress with local manufacturer Jiangling Motors Group and that he would like to further strengthen ties between the two companies and the city of Nanchang. Mr. Schoch stated that such a partnership would help Ford increase its presence in China.

AFP (Paris) - It is one of the key engines of the French economy and a historically vital industry, but France's auto sector is heading into 2012 amid dire forecasts for its future and warnings of major job losses.