Posts Tagged ‘alibaba car sales’

Ford to Test Online Sales in China

Expected to announce partnership with Chinese online giant Alibaba on Thursday.

by on Dec.06, 2017

Up til now, Ford and its Lincoln brand have relied on a relatively conventional dealer model in China.

The vast majority of car buyers around the world now rely on the Internet during at least some part of the shopping process, according to industry data, but Ford Motor Co. is expected to take the next big step this week as it announces a new partnership with Chinese online retail giant Alibaba.

Ford CEO Jim Hackett and Chairman Bill Ford are expected to attend a ceremony in Hangzhou on Thursday where they will be joined by representatives of Alibaba Group Holding Ltd. to announce new venture that could include the use of a new “auto vending machine” store concept, reports the Reuters news service.

Global Auto News!

The tie-up, which is also expected to involve at least some of Ford’s existing Chinese dealers, will come just days after the Detroit-based automaker announced plans to launch 50 new vehicles in the booming Asian nation, 15 of them to rely on electrified propulsion technology. Ford is making an aggressive push to expand its presence in China where it lags well behind rivals General Motors and Volkswagen. (more…)