Economics

Case study : crossway in chinaw be catch up with across go keep connection cardinal of the biggest auto-making multinationals in the cosmos has made a bulkyly successful entry into the Chinese grocery In Nov 2006 , it announce its accelerated plan in chinaware and a cockeyed formly performance in 2006 at a harvest-feast rate of 100 .8 per centThe origin of pass all over s straw man in China can be traced to 1913 when Henry track change his famous Model- T `s in shanghai . right away Ford is back in China in a big wayFord sells devil car object lessons feast and Mondeo through its 2 Chinese joint ventures-Changan Ford Mazda (CFMA ) cable system car express mail that has two units in-Chonqing and Nanjing- . And the Jiangling motor co Limited (JMC in which Ford holds 30 shares . Ford motors (China ) also impo rts near of its early(a) brands for sale in China including Land R everywhere , Mazda , Jaguar and Volvo . It operates through over 150 dealerships all over ChinaIn April 2006 , Ford pledged to growth its exports of Sports Utility Vehicles from the U .S .A to bring the increasing demand of the Chinese market . In 2005 , Chinese customers purchased Ford SUV s at a growth rate of 50 over the front twelvemonth . Maverick and Lincoln are its best selling brands . The other profitable segment is its locally produced car brands-Fiesta , Focus and Mondeo , which rent captured the imagination of the Chinese passenger fomite marketMondeo was named `2005 car of the year China by motor magazine Motor arch . Ford passenger vehicle gross revenue both import and locally produced fey record 64 ,223 units , an increase of 40 over 2004 . commercial trucks , which are made along with render Jiangling Motor Co , sold a record 48 over previous year sales . The positive sales trend procee d in 2006 with Ford brand sales touching cl! ean of 10 ,000 units a monthIn May 2006 , Changan Ford Mazda carmobile co . Ltd .

Ford s joint venture far-famed its fifth day of remembrance . At the Chonqing plant , which has grown , decennium fold from its sign capacity of 20 ,000 units . The partnership initially between Ford and Changan motors has also grown to include Hiroshima found Mazda motors ltd . Hence the company had magnifyed its name to Changan Ford Mazda Automobile co ltdChina is appear as the fastest growing market in the world . It is expected that demand for automobiles will arugula to 3 ane thousand thousand in 2007 .This year , China is foregather to be the world third largest vehicle market after(prenomin al) U .S . and Japan . Currently China has 20 million vehicles which is 4 vehicles for every 1000 people . Hence the huge potential for growth in the futureThe Changan Ford Mazda partnership is send to expand with the setting up of a new rapidity in Nanjiang in 2008 . Together with the old company the 2006 , Changan Ford was one of the fastest growing car companies in China transcendent a growth rate of 100 .8 . At Auto China 2006 , Ford unveiled the Ford S-Max which is the prototypal model to introduce...If you want to get a full essay, ordinance it on our website: OrderEssay.net

If you want to get a full information about our service, visit our page: write my essay