Ford to Build Volvo's in China

In a recent announcement from Automotive News (at 6am, sorry for the late breaking news but I wasnt up then!) Ford will apparently go ahead and assemble Volvo S40 sedan's locally in China. The assembly will take place in a Changan Ford Automobile Co. Factory as Ford is in a joint venture with Changan Automobiles 50-50 for producing vehicles in China (this is the way stuff is done over there....dont get me started on it, I was an international studies major focusing on economic policies with a minor in Asian/Chinese studies so im well versed in the ways of China's very strange economy).

Apparently Ford's China spokesperson denies that such movements are occurring but there are other sources, say the chairman of Ford of Europe, that say otherwise. Should find out very soon if this is truth or pure speculation as they plan to launch the Chinese built S40's towards the end of April.

Full article here.