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Ford's Aspirations In China


International Outlook: GLOBAL WRAPUP

FORD'S ASPIRATIONS IN CHINA

Ford Motor Co. isn't backing away after losing the $1 billion Shanghai luxury car project to General Motors Corp. "This is not a derailment," says Ford CEO Alexander J. Trotman. Ford has four parts plants and one small assembly project in China and thinks it can win other deals there. A family-car project is one Ford wants. Even though it may be years away, Ford is pushing its versatile European Fiesta, which can be built as a compact, sedan, wagon, or a pickup truck.EDITED BY ROSE BRADY


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