Ford said it would begin
exporting additional automotive products and
transmission parts to China, thanks to agreements
signed in Washington, DC, on Monday.
The total value of the pact is
estimated to be more than $800m.
In one of the company's
largest export agreements, Ford will sell more than
30,000 North American-built vehicles in China,
starting in 2009.
It also will begin supplying
transmission components and parts this year to its
passenger car joint venture in China - Changan Ford
Mazda Automobile.
"This export programme is just
one part of a larger effort to continue momentum for
Ford in China," said Robert Graziano, the unit's
president and CEO.
Ford boosted first quarter
sales in China 47% to 90,791 passenger cars and
commercial vehicles in the first quarter of 2008.
The company has not revealed
the US and Canadian-built models it will ship but
has sold the Escape and Lincoln Navigator there
previously.