bzcat Posted April 17, 2018 Share Posted April 17, 2018 (edited) Initially only restricted to EVs... which makes unfortunate timing of Ford's new Zoyte EV JV. That whole setup is obsolete before a single vehicle is made... Ford would be much better off building and selling EVs on its won in China. https://insideevs.com/china-to-remove-jv-requirements-for-foreign-automakers-tesla-wins/ China will phase out the joint-venture requirements for foreign automakers, which could open the way for more fair business practices for automakers such as Tesla.The Beijing National Development and Reform Commission (NDRC) said that this year requirements will be removed for New Energy Vehicle and special-use vehicles. Edited April 17, 2018 by bzcat 1 Quote Link to comment Share on other sites More sharing options...
jpd80 Posted April 17, 2018 Share Posted April 17, 2018 Why am I not surprised at the poor timing, China waits until EV JVs are in place before announcing this move Quote Link to comment Share on other sites More sharing options...
Kev-Mo Posted April 18, 2018 Share Posted April 18, 2018 Caving to pressure from tariffs on all their exports. They talk tough but don't have many cards to play since they import so little... Quote Link to comment Share on other sites More sharing options...
theoldwizard Posted April 22, 2018 Share Posted April 22, 2018 Initially only restricted to EVs... which makes unfortunate timing of Ford's new Zoyte EV JV. That whole setup is obsolete before a single vehicle is made... Ford would be much better off building and selling EVs on its won in China. https://insideevs.com/china-to-remove-jv-requirements-for-foreign-automakers-tesla-wins/ Ford was betting pretty big on multiple JVs with China. This could be a BIG problem for their EV program ! Quote Link to comment Share on other sites More sharing options...
sullynd Posted April 22, 2018 Share Posted April 22, 2018 Ford was betting pretty big on multiple JVs with China. This could be a BIG problem for their EV program ! Its not as if theyre no longer allowing JVs - Theyre no longer requiring them. Quote Link to comment Share on other sites More sharing options...
jpd80 Posted April 22, 2018 Share Posted April 22, 2018 Deals have been signed already so I guess Ford is now stuck with a JV partner for now Quote Link to comment Share on other sites More sharing options...
bzcat Posted April 26, 2018 Author Share Posted April 26, 2018 Hackett mentioned in the Q1 earnings call today that Ford is restructuring the sales and marketing operations in China to combine all three Ford brands under one distribution channel. Right now, Chang'an Ford, Jiangling Ford, and Ford (the imported ones) are three different brands sold thru three different dealer networks and each with separate marketing and sales operations. Ford will attempt to combine them into one singular brand, which should reduce cost and improve marketing and sales efficiency. This is obviously made possible by the latest change in Chinese laws and regulations governing the auto joint ventures. Quote Link to comment Share on other sites More sharing options...
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