You are here: Home » Reuters » News
Business Standard

Exclusive: Ford set for China tie-up with Alibaba to test online, direct auto sales: source

Reuters  |  BEIJING 

By Norihiko ShirouzuBEIJING (Reuters) - Ford Motor Co. is expected to sign as early as Thursday a deal with Alibaba Group Holding Ltd which may allow the U.S. automaker to test selling cars to consumers in China through Alibaba's online retail arm Tmall, as well as via a new "auto vending machine" store concept, according to a Ford source familiar with the matter.Representatives of Ford and Alibaba, including Ford Executive Chairman Bill Ford Jr. and Ford CEO Jim Hackett, are expected to be in Hangzhou on Thursday to sign a letter of intent that outlines the scope of the new ...

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Wed, December 06 2017. 15:56 IST