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JMC and Ford to form a joint venture focusing on the development of passenger vehicle business
On September 27, Jiangling Motors Co., Ltd. (JMC) announced that it plans to jointly fund and establish a holding subsidiary (new joint venture) with Ford Motor Company (Ford).
The new joint venture will be located in Shanghai. It will have a registered capital of CNY 200 million, of which JMC will contribute CNY 102....
The new joint venture will be located in Shanghai. It will have a registered capital of CNY 200 million, of which JMC will contribute CNY 102....
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