chinacartimes.com
Jul 24, 2008
Chongqing is one of the most biggest producers of automobiles in China, its home to Ford, Suzuki, Mazda, and then a range of domestic players such as FAW, Chang’an, Lifan etc etc so its really no wonder that the city is building up so quickly, The Daily Telegraph currently has an excellent article, titled ‘The Eagle and The Dragon‘ which is a comparison of the USA and China. Interesting reading: Chongqing’s biggest car manufacturer is Changan-Ford, a joint venture between Ford, Mazda (the Japanese company in which Ford has a majority share) and a local company, Changan Automotive Group, the venture’s largest shareholder: Chinese government regulations stipulate that in such ‘backbone’ industries a foreign party cannot be the majority shareholder. Thomas Yao, the factory’s head of public relations, took me on a guided tour....
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