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China market Ford Cargo edging closer to production


kscarbel2

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March 15, 2016

The corporate board of Jiangling Motor Company (JMC) has given written approval of the J19 Heavy-Duty Truck Project Engineering Service Agreement for JMC Heavy-Duty Vehicle Company, the heavy truck joint venture of JMC and Ford Motor Company.

According to the agreement, JMC will pay 24.4 million Euros (US$27.8 million) to Ford as an engineering service fee to produce the newly developed J19* heavy trucks in China.

* J19 is the designation for the upcoming China market Ford Cargo

´╗┐Related reading - http://www.bigmacktrucks.com/topic/38795-fords-china-heavy-truck-joint-venture-plans-take-off-in-2016/

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