Home / China News / News detail

JMC increases funding for Ford SUV project

Carmen Lee From Gasgoo.com| April 09 , 2013 20:37 BJT

Gasgoo.com (Shanghai April 9) - Jiangling Motors has announced that its board of directors has approved adding funding of $24 million to its J08 project, auto.qq.com reported today. The J08 project, which will involve the introduction of a new Ford SUV to China, will now carry a total cost exceeding $60 million.

According to the J08 project, JMC will bring over a new Ford SUV to the country. Which model JMC will bring over has yet to be confirmed. However, according to a source close to the manufacturer, the SUV will be a brand new Ford model that has not been publicly released yet. The SUV will reportedly be larger the Toyota Prado, and will make its market debut within the next three years, the source added.

Gasgoo not only offers timely news and profound insight about China auto industry, but also help with business connection and expansion for suppliers and purchasers via multiple channels and methods. Buyer service:buyer-support@gasgoo.comSeller Service:seller-support@gasgoo.com

1: NIO, Guangdong Power Grid open first collaborative battery swap station

2: Bosch, Tencent deepen partnership in autonomous driving, smart cockpit fields

3: China's auto production, sales rise both MoM, YoY in Oct. 2024

4: Geely Auto launches new super hybrid tech 'NordThor EM-i'