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China encourages automakers to go abroad

Chinese automakers should make practical strategies and set clear and realistic targets for going global utilizing favorable conditions the government has created for outbound investment, said Chen Lin, Commercial Counsellor of the Department of Outward Investment and Economic Cooperation for the Ministry of Commerce (MOFCOM). According to Chen, China’s central

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Chinese automakers, suppliers encouraged to go global

  By David E. Zoia WUHAN, China – International expansion is a consistent theme here at the Global Automotive Forum, where Chinese automakers and suppliers are being encouraged to venture into new markets but cautioned to do it the right way. "Going global is very important for Chinese automakers," Wang

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China likely to relax on equity investment control

Alan Mulally, president and CEO of Ford Motor Co., believes that China’s 50:50 equity structure requirements for Sino-foreign vehicle JVs, if lifted, would naturally occur. Mulally made the comment on October 18 at a press conference in Wuhan on the sidelines of the 2013 Global Automotive Forum (GAF). He was

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