Ford's Expansion Plans Are a Really Big Deal
Ford is still rolling out its global product line in China, but already its Focus is one of the country's best-sellers. Photo credit: Ford.
Ford was a latecomer to the China auto boom. The company was mostly on the sidelines as China's emerging class turned the country's new-vehicle market into the world's largest -- and while rivals such as General Motors and Volkswagen staked out big turf in the Middle Kingdom.
Ford has been spending big to make up for lost time, in what executives have called the company's biggest building boom in decades. But how big is it really? As Fool contributor John Rosevear explains in this new video, a new report on global car-production trends includes some eye-popping figures that show how Ford's business will transform over the next several years.
Ford stock is just one way to profit from China's auto boom
Ford is just one of two automakers that are poised to profit big as China's emerging middle class continues to grow, says a top Motley Fool analyst. Both of these auto giants are expected to see profits surge in coming years as the Chinese auto boom continues, this analyst says in a new report. Want to learn more? The report is free for Fool readers -- just click here now to download your copy.
The article Ford's Expansion Plans Are a Really Big Deal originally appeared on Fool.com.
Fool contributor John Rosevear owns shares of Ford and General Motors. You can connect with him on Twitter at @jrosevear. The Motley Fool recommends Ford and General Motors and owns shares of Ford. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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