Continued Ford China expansion faces regulatory obstacles, WSJ says

News Breaks February 26, 2012 14:03 EDT F theflyonthewall.com: Continued Ford China expansion faces regulatory obstacles, WSJ says Even as Ford (F) expands its presence in China with a new $490M Chongqing plant, the U.S. automaker faces considerable regulatory obstacles to future growth in the country, the Wall Street Journal says. Reference Link :theflyonthewall.com

News For F From The Last 14 Days Check below for free stories on F the last two weeks. There are 13 items on the Fly with pertinent information. Sign up for a free trial to see the rest of the stories you've been missing. February 26, 2012 14:03 EDT F February 24, 2012 09:22 EDT F theflyonthewall.com: Ford and Changan Ford Mazda Automobile open new assembly plant in Chongqing Ford Motor Co. and its joint venture Changan Ford Mazda Automobile, or CFMA, opened a new assembly plant, "CFMA Chongqing Assembly 2" or CQ2. Home of the all-new Ford Focus, CQ2 incorporates global industry best practices to efficiently and safely produce high quality vehicles with minimal environmental impact. CFMA is investing $490M in CQ2, which will increase its production capacity in China by 150,000 units ? to over 600,000 vehicle units overall. This is CFMA's second assembly plant in Chongqing and its third in China. With two assembly plants and engine and transmission plants already operating, Chongqing is now the largest global manufacturing location for Ford outside southeast Michigan. The plant is ramping up production of the all new Ford Focus, and will have produced more than 150 prototypes for testing as it prepares for the market launch in Q2. At CQ2 and elsewhere, up to ten different kinds of vehicles will be produced on this platform, and the company will sell 2 million vehicles this year based on this platform. This is the first of 15 new vehicles Ford is bringing to Chongqing by 2015. :theflyonthewall.com 06:33 EDT F theflyonthewall.com: Ford races to catch up in China, Reuters reports Ford (F) expects to double the number of dealerships in China to 680 by 2015, says David Schoch, chairman and CEO of Ford's China operations, as the company launches a half-billion dollar plant, reports Reuters. Reference Link :theflyonthewall.com 05:52 EDT F February 23, 2012 09:50 EDT F February 22, 2012 07:11 EDT F 06:20 EDT F theflyonthewall.com: On the Fly: Periodicals Wrap-Up WALL STREET JOURNAL: The Obama administration will today propose lowering the top income tax rate for corporations to 28% from 35% but would raise overall tax revenue by eliminating dozens of deductions as it moves to restructure the corporate tax code. It raises taxes on oil and gas companies that would lose many large deductions and subsidies, the Wall Street Journal reports...Shares in PSA Peugeot Citroen (PEUGY) jumped this morning after it emerged the company is in talks with General Motors (GM) about a possible alliance, the Wall Street Journal reports...REUTERS: Ford Motor (F) is putting $3.8B into its global pension plan this year and will invest its plan assets more heavily in bonds as it acts to minimize its pension risks in an uncertain market, Reuters reports...BLOOMBERG: Goldman Sachs Group (GS) lowered its 12-month prediction for commodity returns, as it forecast gains for crude oil and gold, keeping an ?overweight? allocation in raw materials, Bloomberg reports. :theflyonthewall.com 05:40 EDT F February 21, 2012 07:00 EDT F 06:20 EDT F theflyonthewall.com: On the Fly: Periodicals Wrap-Up WALL STREET JOURNAL: An Iranian threat to pre-empt a EU embargo pushed oil prices to a nine month high, and the International Energy Agency warned that the standoff between Iran and the West was bringing the burden of oil prices on the global economy close to levels last seen in 2008. An IEA official did say that oil markets could cope with any loss of Iranian oil exports, the Wall Street Journal reports...Ford Motor (F) expects its China sales to increase "about 5%" this year for a second year of relatively moderate growth, the Wall Street Journal reports...BLOOMBERG: FedEx (FDX) may join the bidding for TNT Express (TNTEY) after its board turned down a $6.43B offer from UPS (UPS), investors and analysts say, Bloomberg reports...REUTERS: James Kroeker, the SEC's chief accountant is "optimistic" about finding a framework for the U.S. to use global book keeping rules for investors to compare cross-border companies. More than 100 countries, including Europe, use accounting rules from the International Accounting Standards Board, Reuters reports. :theflyonthewall.com February 19, 2012 14:02 EDT F February 14, 2012 11:04 EDT F February 13, 2012 09:25 EDT F theflyonthewall.com: Pre-market top 5 gainers The following stocks were the top percentage gainers before the open on solid volume of at least 50,000 shares, trading at over $10. REGN 11.2%, CHK 2.8%, DMND 2%, C 2%, F 2%. :theflyonthewall.com

Source: http://www.theflyonthewall.com/permalinks/entry.php/Fid1586365/F-Continued-Ford-China-expansion-faces-regulatory-obstacles-WSJ-says--

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