Ausmartin1
26-04-2018, 10:14 AM
Ford Will Phase Out All Its Small Cars And Sedans In North America Except The Mustang And Focus Active.
Looks like Ford is doing an Australian Mitsubishi. SUV & CUV all the way with LBJ - LOL!
https://jalopnik.com/ford-will-phase-out-all-its-small-cars-in-north-america-1825544784
In other News, China may no longer force GM, Ford & VW to hand over intellectual property and designs to do business in China with their partners.*
(Translation - China has now stolen all the information it required and is now standing on their own feet especially in regards to mandated electric vehicles to help clear the very polluted air - even Coal power plants went from 70% to 60
% in 1 year.
*I remember GM having to hand over the details of the 1st Generation Chevy Volt Hybrid Plug in EV over to China to continue doing business in Communist China, I'm sure Ford, VW and many others did the same.)
How big is GM's stake in Communist China ? -
"General Motors, for instance, started its Chinese operations in 1997. It now sells more than 4 million vehicles annually there — more than it sells in any other market, including in the United States.
GM sells vehicles under five brand names in China — Buick, Cadillac, Chevrolet, Baojun and Wuling — and traditionally is among the two top-selling companies there.
The company could enjoy a big financial boost if it manages to shed its Chinese partners. Last year, the Detroit company made $1.95 billion off its 50 percent equity stake in China.
It’s unlikely that foreign automakers would sever themselves completely from their Chinese partners even after the phase-in period, said Jeff Schuster of the consulting firm LMC Automotive near Detroit.
“It’s difficult to unwind; you’ve already got the relationships established,” Schuster said."
http://www.agrinews-pubs.com/farm_equipment/amid-trade-rift-china-to-allow-full-foreign-auto-ownership/article_dba28acc-a865-5ee6-a5c2-424799f59974.html
Looks like Ford is doing an Australian Mitsubishi. SUV & CUV all the way with LBJ - LOL!
https://jalopnik.com/ford-will-phase-out-all-its-small-cars-in-north-america-1825544784
In other News, China may no longer force GM, Ford & VW to hand over intellectual property and designs to do business in China with their partners.*
(Translation - China has now stolen all the information it required and is now standing on their own feet especially in regards to mandated electric vehicles to help clear the very polluted air - even Coal power plants went from 70% to 60
% in 1 year.
*I remember GM having to hand over the details of the 1st Generation Chevy Volt Hybrid Plug in EV over to China to continue doing business in Communist China, I'm sure Ford, VW and many others did the same.)
How big is GM's stake in Communist China ? -
"General Motors, for instance, started its Chinese operations in 1997. It now sells more than 4 million vehicles annually there — more than it sells in any other market, including in the United States.
GM sells vehicles under five brand names in China — Buick, Cadillac, Chevrolet, Baojun and Wuling — and traditionally is among the two top-selling companies there.
The company could enjoy a big financial boost if it manages to shed its Chinese partners. Last year, the Detroit company made $1.95 billion off its 50 percent equity stake in China.
It’s unlikely that foreign automakers would sever themselves completely from their Chinese partners even after the phase-in period, said Jeff Schuster of the consulting firm LMC Automotive near Detroit.
“It’s difficult to unwind; you’ve already got the relationships established,” Schuster said."
http://www.agrinews-pubs.com/farm_equipment/amid-trade-rift-china-to-allow-full-foreign-auto-ownership/article_dba28acc-a865-5ee6-a5c2-424799f59974.html