Xin Jing Bao·2025-09-23 12:13Core Insights - Ford China has established a wholly-owned subsidiary, Ford Automotive Sales and Service (Shanghai) Co., Ltd., to manage marketing, sales, and service for Ford brand passenger cars and pickups in the Chinese market [2] - Chen Xiaobo has been appointed as the president of the new subsidiary, reporting to Wu Shengbo, the president and CEO of Ford China and the International Markets Group [2] - This move is part of a strategic brand upgrade, aiming to innovate the sales and service network in collaboration with local partners [2] Group 1 - Ford China aims to create a unified sales and service network for the Ford brand through the establishment of the new subsidiary [2] - Jiangling Motors has announced plans to entrust Ford Automotive Sales and Service (Shanghai) Co., Ltd. with comprehensive distribution services for Ford brand passenger cars and pickups produced by Jiangling [2] - Jiangling Motors intends to collaborate with Ford to increase capital for Jiangling Ford Automotive Technology (Shanghai) Co., Ltd. to settle its debts [2]