Ford to buy Chang-an Auto's truck company and enter Chinese heavy truck market - Ford Inside News Community
 
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post #1 of 6 (permalink) Old 05-25-2011, 05:48 PM Thread Starter
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Ford to buy Chang-an Auto's truck company and enter Chinese heavy truck market

Ford to buy Chang-an Auto's truck company and enter Chinese heavy truck market
MAY 25, 2011
China Car Times

Sources reveal that Ford and Chang’an Auto Group have reached a deal on jointly taking over the latter’s wholly-owned subsidiary Taiyuan Changan Heavy Vehicle Co., Ltd., by which they will enter China’s heavy truck market.

An insider told the reporter that the partnership plan is still under negotiation, and it’s not ready to be exposed to public.

Chang’an Auto Group incorporated Taiyuan Heavy Vehicle in 2007. The company’s market performance in heavy truck sector was unsatisfactory. The profits of Taiyuan Heavy Vehicle in the first half of 2010 were in the red with a 16.77 million yuan loss, and the asset-liability ratio reached 77%. Reviving the heavy truck business has been a vital issue for Chang’an over the past few months.

Chang’an has talked with several global automakers on jointly developing medium and heavy trucks in 2010, but the talks went nowhere. As Ford boosts its China strategy this year, Chang’an has managed to find a new spot for its partnership with Ford, and that’s in the heavy truck business.

The equity ratio of the two companies in the heavy truck business will be 50:50 partnership. Taiyuan Chang’an Heavy Vehicle Co., Ltd. will introduce Ford’s heavy trucks to Chinese market by introducing its technologies and products.

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So from the sounds of the article, the Cargo is headed to China since its Ford's only truck in this segment.





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post #2 of 6 (permalink) Old 05-25-2011, 08:22 PM
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Re: Ford to buy Chang-an Auto's truck company and enter Chinese heavy truck market

the "Blue diamond" LCF is also in that "segment" / the top 2 look like "UD Nissan diesels" and the LCF uses a Mazda cab which I believe is copied by Dong feng trucks
the bottom one looks like a MB mid weight "AXOR which the Cargo competes with and as far as I know there is little "class 8" trucks in China
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post #3 of 6 (permalink) Old 05-25-2011, 09:07 PM Thread Starter
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Re: Ford to buy Chang-an Auto's truck company and enter Chinese heavy truck market

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Originally Posted by richmond2000 View Post
the "Blue diamond" LCF is also in that "segment" / the top 2 look like "UD Nissan diesels" and the LCF uses a Mazda cab which I believe is copied by Dong feng trucks
the bottom one looks like a MB mid weight "AXOR which the Cargo competes with and as far as I know there is little "class 8" trucks in China
LCF died last year. Cargo is the last of its kind at Ford, unless you count JMC.





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post #4 of 6 (permalink) Old 05-26-2011, 11:05 PM
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Re: Ford to buy Chang-an Auto's truck company and enter Chinese heavy truck market

as far as I know when bluediamand went BUST International got the engines / Ford got the vehicles so the LCF is a Viable ford
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post #5 of 6 (permalink) Old 05-27-2011, 12:14 AM Thread Starter
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Re: Ford to buy Chang-an Auto's truck company and enter Chinese heavy truck market

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as far as I know when bluediamand went BUST International got the engines / Ford got the vehicles so the LCF is a Viable ford
Are you saying Ford should use the LCF equipment for a new truck in China?





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post #6 of 6 (permalink) Old 06-03-2011, 12:14 AM
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Re: Ford to buy Chang-an Auto's truck company and enter Chinese heavy truck market

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Are you saying Ford should use the LCF equipment for a new truck in China?
YES with a better engine then the powerstroke V6 + I do not see ford doing a COE for US./CDN markets
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