02.04.2015 - Ford Motor will buy a factory in China
Automobile Company Ford Motor intends together with a Chinese partner to invest about $ 1.1 billion in the purchase and modernization of the existing plant. Production of the new car is scheduled to start in the second half of 2016. Earlier, the company pointed to the lack of production capacity in China, which is the largest automobile market in the world. It is worth noting that Chinese brands are losing market share in the country. We forecast financial performance and recommend buying shares with growth potential by 25-30% per year.