Ford Otomotive Sanayi (Ford Otosan), Ford, and Jiangling Motors Corp. (JMC) have been approved by the Chinese authorities to build commercial vehicles (CVs) in China. The agreement signed between the automaker's Chinese joint venture (JV) JMC, JMC Heavy Duty Vehicle Company, and Ford's Turkish affiliate Ford Otosan will allow JMC-branded vehicles to use the design, manufacture, and service of the chassis, cab, and components of Ford-branded heavy trucks, the report states.
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5-day change | 1st Jan Change | ||
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Stocks mentioned in the article
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Capi.
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1,057 TRY | -1.12% | -0.84% | 11.36B | ||
14.34 USD | +0.81% | +11.47% | 56.81B | ||
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EPS Revisions
1st Jan change | Capi. | |
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+31.42% | 2.18B | |
+12.22% | 99.49B | |
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+26.06% | 77.01B | |
-10.19% | 74.87B | |
+22.90% | 34.21B | |
+7.32% | 22.5B | |
-5.17% | 18.3B | |
+42.93% | 11.36B | |
-21.49% | 9.06B |
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- Ford Otomotive Sanayi, Ford, and Jiangling Motors Corp Receive Approval to Build Commercial Vehicles in China