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Lincoln begins pre-order for locally produced Corsair, set for March 2020 launch

SHANGHAI – Ford’s luxury brand Lincoln began accepting orders for the first ever locally produced Lincoln on December 27. The Lincoln Corsair, produced by Chang’an-Ford and badged “Chang’an-Lincoln” will be offered in five variants with pre-sale prices at ¥248,000-¥350,000. The model will officially launch to market in March 2020. Positioned as an

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Renault first foreign automaker to control a Chinese vehicle JV after ¥1 billion investment in JMEV

BOULOGNE-BILLANCOURT, France – Groupe Renault has become the first traditional foreign automaker to take majority control of a Chinese vehicle joint venture after the French automaker announced a ¥1 billion investment into JMEV, previously an electric vehicle subsidiary of now partner Jiangling Motors Corp. Group (JMCG). With the investment, Renault has

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WABCO and FAW Jiefang form vehicle control systems JV to produce single-piston ADB from 2019

HANNOVER – WABCO Holdings Inc., the leading global supplier of commercial vehicle braking control systems, signed an agreement here on September 21 with FAW Jiefang, China’s largest heavy-duty truck maker, to establish a joint venture for vehicle control systems in China. The JV is expected to begin production of WABCO’s advanced

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Ford Smart Mobility and Zotye to offer Chinese ride-hailing operators leasing and fleet solutions under new JV

[ Featured Image ] Jim Farley, executive vice president and president of global markets, Ford Motor Company (right), and Ying Jianren, chairman of Tech-New Group Ltd., the parent company of Zotye Auto (left), witnessed the signing of a JV contract to establish Zotye Ford Smart Mobility Technology Co., Ltd. Peter

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