TIANJIN, China (Reuters) - Ford Motor plans to more than double its range of models in all vehicle segments in China, the first market in the world, as it accelerates the introduction of new models, declared a senior official on Saturday.
Will Periam, strategy director for Ford's Asia Pacific and Africa operations, told Reuters "If you think of the market as small cars, medium cars, large cars, SUVs, performance vehicles, all of those different pieces, we compete in about 22 percent of that market today,” on the sidelines of an industry forum in Tianjin."In the future, we expect to compete in about 50 percent of that market. And that will be by new versions of the products we have and all-new products which aren't here today."Vcommindia News
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