Established in 2001, Changan Ford is a Sino-US joint ve

joint venture with registered capital of $241 million.

Chongqing Changan Automobile Co Ltd remains the largest shareholder, with a 50 percent stake.

Ford Asia-Pacific Automobile holdings own 35 percent of company shares, while Ford Motor (China) holds a 15 percent stake.

The share price of Chang’an Motors once plummeted around seven percent on Wednesday morning.

Changan Ford said in a statement later on Wednesday that the company fully respects

and will abide by the decision made by national authorities in the anti-monopoly investigation. The company fu

rther said that it has taken action to standardize regional sales management with dealers.

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