Ford Motor Co., Ltd. (China)
Ford's history in China can be traced to 1913, when its first Model T was imported and sold in Shanghai.
Presently, Ford owns 30% of the shares of Jiangling Motors Corporation Ltd., which produces Ford commercial vehicle Transit and other products.
Ford Motor Company also has a 50-50 passenger car joint venture with Chang'an Automotive Corporation Ltd., which is called Chang'an Ford Automobile Corporation Ltd. Chang'an Ford has successfully launched two Ford passenger cars models, Fiesta and Mondeo, to the market. Ford Mondeo has won Motor Trend "2005 Car of the Year, China ". Its third product, the all-new Ford Focus, will be built in Chongqing starting from 3 rd quarter 2005. In early 2005, Chang'an Ford's second passenger car plant in Nanjing starts construction. On April 19, 2005, Ford, Chang'an and Mazda announced a new three-way engine plant joint venture, Chang'an Ford Mazda Engine Company Ltd. In March, 2006, the Chinese government approved Mazda's investment in Changan Ford. The restructured company has been renamed as Changan Ford Mazda Automobile Co., Ltd. (CFMA). Changan, Ford and Mazda holds 50 per cent, 35 per cent and 15 per cent shares in CFMA respectively.
On the import business, Ford Maverick, a member of the world renowned Ford SUV product line, is also on sale in China now. Lincoln Navigator, a premium full-size SUV is launched in China market in May 2005.
Products of the other Ford Motor Company affiliated brands, including Jaguar, Land Rover, Mazda and Volvo are on sale in China as well. Ford's service brand, Ford Quality Care, is also serving the customers in China.
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