Ford has appointed a new China chief in a company-wide restructuring as the global carmaker attempts to turn around disappointing sales in the worlds biggest car market.
Ford has been operating without a China head of operations since January, when its former executive Jason Luo stepped down after only five months in the job, citing personal reasons that predate his time with Ford.
Anning Chen, former chief executive of state-owned Chinese carmaker Chery, has been appointed to head the new business unit as well as leading all of Fords import and joint venture operations in China, the company said in a statement.
Ford will also be spinning out its China business into a standalone unit, a move “designed to accelerate Fords return to prof…
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