BEIJING, Aug 11 (Reuters) – Changan Ford Motor plans to set up a new-energy passenger car joint venture with Chongqing Changan Automobile (000625.SZ), according to a document published by China's market regulator on Friday.
Changan Ford Motor will own a 60% stake and Chongqing Changan Automobile 40%.
Reporting by Beijing Newsroom;
Keyword: Changan Ford Motor to set up JV with Chongqing Changan Auto