Thread regarding Ford layoffs

Another zero return investment.

Ford terminated Zotye relationship today.
From Oct 2017 press release: Ford Motor and China's Anhui Zotye Automobile have agreed to invest a combined $756 million to set up a 50-50 joint venture in China to build electric passenger vehicles, both companies said on Wednesday.

Another costly mistake from the leadership team.

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| 1184 views | | 2 replies (last February 5, 2021) | Reply
Post ID: @OP+19fsYsuB

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Let me guess. The Zotye gave us the middle finger when we demanded information sharing as prescribed in the agreement. Also Zotye get to keep everything invested by Ford.

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Post ID: @1vip+19fsYsuB

A global economy is a sure fire way to bring on the new world order. Let’s lower our stds to raise chinas

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Post ID: @krk+19fsYsuB

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