Monday, August 6, 2012

Ford taking Model T-like approach in China

Ford taking Model T-like approach in China

Ford Motor Company knows a thing or two about building an empire on the back of a rock-bottom-priced automobile sold to customers in rural regions. That's why the company's strategy in China has been baffling to some analysts. Fords are expensive in China, and there are only a few models that you can get there. This is a problem for Ford, especially as the market for new cars in China, once hotter than the sun, cools a bit. With other markets plumbing new depths, Bloomberg reports that Ford is going back to something like Henry's own game plan.

If you want to become a volume leader in the world," says Ford Motor China Ltd.

Autoblog , Ford taking Model T-like approach in China, Ford taking Model T-like approach in China