Member access

4-Traders Homepage  >  Shares  >  Tokyo  >  Mazda Motor Corp    7261   JP3868400007

MAZDA MOTOR CORP (7261)

11
SummaryChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

Ford says studying indigenous brands for China market

06/04/2012 | 01:34am US/Eastern

Ford Motor (>> Ford Motor Company) is in talks with its partners to introduce indigenous brands in China, while it focuses on building up its own brand in the world's biggest auto market, its China chief said on Monday.

Ford Motor (>> Ford Motor Company) is in talks with its partners to introduce indigenous brands in China, while it focuses on building up its own brand in the world's biggest auto market, its China chief said on Monday.

Some foreign auto makers have launched so-called indigenous, or China-only, brands with their local partners, in part to comply with Chinese government regulations that allow global carmakers like Ford to manufacture cars in China.

"We always are in discussions with our joint venture partners. All I can tell you is we are studying indigenous brands, but our total focus in terms of brand enhancement is really on the Ford brand," said David Schoch, chairman and CEO of Ford's China operations.

Ford makes its Fiesta, Focus, Mondeo and other sedans in China in a three-way tie-up with Changan Automobile and Japan's Mazda Motor Corp (>> Mazda Motor Corp.). It also holds 30 percent of Jiangling Motors Corp <000550.SZ>, which makes Ford's Transit vans.

(Reporting By Lee Chyen Yee; Editing by Alex Richardson)

Stocks treated in this article : Mazda Motor Corp., Ford Motor Company
React to this article
Latest news on MAZDA MOTOR CORP
02/28 MAZDA MOTOR : Greensburg pair jailed in convenience store robbery
02/28 Service Slants
02/27 MAZDA MOTOR : Frf mazda revving-up for all-new '15' registration plate
02/27 MAZDA MOTOR : Production and Sales Results for January 2015 (Flash Report)
02/27 MAZDA MOTOR : - Organizational and Personnel Changes
02/27 Mazda bets on diesel-only car for Japan launch of key 2015 model
02/26 MAZDA MOTOR : CX-3 Goes on Sale in Japan
02/26 MAZDA MOTOR : Organizational and Personnel Changes
02/26 MAZDA MOTOR : BRIEF: Man threatens driver with baton at park, claims to be polic..
02/26 MAZDA MOTOR : 19th CEAT Southern Eliyakanda Hill Climb
Advertisement
Chart
Duration : Period :
Mazda Motor Corp Technical Analysis Chart | 7261 | JP3868400007 | 4-Traders
Income Statement Evolution
More Financials
Dynamic quotes  
ON
| OFF