"We have in the Western world an outrageous arrogance. We think we're ahead. It's going to change."
It's the latest move in CEO Jim Hackett's streamlining strategy.
Down 6 percent so far this year
It's called the Grand Commander and it adds a seventh seat.
SHANGHAI — Alibaba Group Holding has signed a deal with Ford to explore cooperation in areas such as cloud computing, connectivity and retail, which could involve selling Ford cars on Alibaba's online retail platform Tmall. Alibaba in a statement on Thursday said digital marketing-focused Alimama and operating system firm AliOS would be among subsidiaries working with Ford under the three-year agreement. One avenue under consideration is the sale of Ford cars on Tmall, an Alibaba spokesw
The car is basically an all-electric version of the Saab 9-3, but under a different name.
Ford would also stock "auto vending machines."
Chris Bangle's highly unusual REDS electric car aims at young, affluent Chinese looking for a "fourth space."
Partners include BMW, Daimler, Jaguar Land Rover, Volkswagen, Volvo, Ford, Honda and Toyota.
The Saleen S1 gets Ford's 2.3-liter, four-cylinder EcoBoost tuned up to 450 horsepower.
The Baojun E100 sells for about $5,400 with government subsidies.
Tesla says it will "more clearly define [its] plans for production in China by the end of the year."
Cars will only debut in production form.
It's something the company has been looking to do for years now.
"Building raw consumer acceptance of NEVs will depend on continued joint effort between the government and automakers."