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Changan Ford Mazda Automobile Corporation, Ltd. · Shanghai China

Company Description

221 Century Blvd., 33F, Shanghai Information Tower,
Pudong New District
Shanghai
20012-0
China (Map)
Phone: +86-21-2891-6688
    You've heard of "all the tea in China," but how about all the Model Ts in China? That's right. The origins of Changan Ford Mazda Automobile (CFMA) can be traced back to 1913, when Henry Ford sold his famous Model T cars in Shanghai. Today Ford is back in China in a big way. With the help of its Chinese joint venture partner, Chongqing Changan Automobile, Ford builds and sells four models in China -- the Fiesta, the Focus, the Mondeo, and the S-max. CFMA also distributes other brands for sale in China, such as the Mazda2, the Mazda3, and the Volvo S40. Chongqing Changan Automobile owns 50% of CFMA, while Ford holds a 35% stake and Mazda 15%. To read the full description, subscribe now.
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    Key Changan Ford Mazda Automobile Corporation, Ltd. Financials

    Company TypeJoint Venture

    Headquarters
    Fiscal Year-EndDecember
    Annual Sales (mil.)$935.4
    Employees200

    Changan Ford Mazda Automobile Corporation, Ltd. Executives

    8 executives listed for Changan Ford Mazda Automobile Corporation, Ltd.'s Shanghai China location.
    TitleName & BioContact
    Chairman and CEORobert GrazianoEmail
    VP Ford Motor China; General Manager Changan Ford SalesNigel HarrisEmail
    VP Marketing, Sales, and ServicesDale JonesEmail

    Competition

    Competitive Landscape for Changan Ford Mazda Automobile Corporation, Ltd.
    Demand is driven by employment and interest rates. The profitability of individual companies depends on manufacturing efficiency, product quality, and effective marketing. Large companies have economies of scale in purchasing and marketing; smaller companies can compete by focusing on specialized markets. The industry is capital-intensive: average annual revenue per employee is nearly $2 million. US-based automakers compete with numerous foreign rivals, including companies such as Toyota, Honda, and Nissan that have extensive auto assembly operations in the US. Through stateside manufacturing capacities and exports to the US, foreign carmakers collectively have about half of the US market. US auto manufacturers' financial positions have deteriorated dramatically in recent years. The "Detroit Three" (Chrysler, Ford, and GM) have suffered from import competition and high cost structures. High gas prices, few small car offerings, and near record-low consumer demand during the late 2000s recession drove Chrysler and GM into bankruptcy, where their debts were restructured. Chrysler and GM also received billions in loans from the US and Canadian governments. Ford, which has joined GM and Chrysler in various government incentive programs but has not received direct federal investment, avoided bankruptcy largely due to more than $20 billion in secured and unsecured loans it took out in 2006. To read the full description, subscribe now.
    Top Changan Ford Mazda Automobile Corporation, Ltd. Competitors
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