Ford pondering new brands for China
Last year, Ford sold around 519,390 passenger cars in China. That figure marks a seven percent increase over 2010, and Ford expects a similar jump for 2012. Foreign automakers often create market-specific brands for China. The move allows companies to comply with government regulations allowing for production within the country's borders. While Ford says it is currently in discussions with its Chinese partners, no official decision has been made on any new brands for the country.
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