Ford to invest in China projects

Tue, 28 Jun 1994, 00:00 WIB | Source: REUTERS

SHANGHAI (Reuter): Ford Motor Co has signed joint venture
accords with two Shanghai companies to produce automotive
components, moving it closer to its goal of vehicle assembly in
China, company officials said.

Ford will invest more than $50 million in the two projects,
its first manufacturing ventures on the Chinese mainland.

It will make plastic components, including interior trim,
seats, instrument panels and other plastic parts in a 51 percent
owned joint venture with

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