Automotive News   |   Automotive News Europe   |   Autoweek   |   Automobilwoche

Automotive News China Newsletter
Register our free newsletter, sent each Monday and Thursday

     Automakers   Suppliers   Auto Show   Comment   Car Cutaway   Newsletters   Press Releases   Register for Newsletter
  Contact Us:   Editorial   Advertising   Subscription Information   |   About Us   Media Kit
Home >> Automaker Email this story   Print this story
 
Ford, Alibaba sign deal that could allow automaker to sell cars online in China
Automotive News China | 2017/12/8

SHANGHAI -- Ford Motor and Alibaba Group Holding have signed a deal to explore cooperation in areas such as cloud computing, connectivity and retail which could involve the sale of Ford cars on Alibaba's online retail platform Tmall.

Two Alibaba subsidiaries -- digital marketer Alimama and operating system company AliOS -- will work with Ford under the three-year agreement.

One avenue under consideration is the sale of Ford cars on Tmall, an Alibaba spokeswoman said. Reuters on Wednesday reported that Ford was planning to sign such a deal as it overhauls its China strategy to stimulate growth.

"The agreement aims to explore new ways to redefine how consumers purchase and own vehicles, as well as how to leverage digital channels to identify new retail opportunities," Alibaba said in its statement.

The Chinese e-commerce firm and U.S. automaker will initially "explore a pilot study" for new retail opportunities, Alibaba said.

Ford CEO Jim Hackett said in the statement that collaborating with technology firms builds on the automakerí»s vision to make "smart vehicles."

Ford's China sales have been sluggish in recent months as it struggles to keep pace with rapidly changing trends, including increased demand for entry-level cars in smaller cities.

Meanwhile Alibaba is increasing its presence in the automotive sector with Banma Technologies, a partnership with SAIC Motor developing Internet-connected cars.

Related Stories
  • Detroit 3 lose shine in China as trade tensions simmer
  •     --Published:2019/14/6
     
  • Ford to launch first EV in second half
  •     --Published:2019/11/6
     
  • Beijing may regret retaliating against U.S. automakers
  •     --Published:2019/7/6
     
  • Ford's car venture fined for controlling retail prices
  •     --Published:2019/7/6
     
  • China slaps Changan Ford JV with fine for antitrust violations
  •     --Published:2019/5/6
     
  • U.S. brands are losing ground in China, but don't blame Trump
  •     --Published:2019/24/5
     
  • Ford sees profit return in China with local vehicle output
  •     --Published:2019/17/5
     
  • Dongfeng-Nissan exec hired to lead Ford brand's sales in Greater China
  •     --Published:2019/10/5
     
  • Changan suffers 1st-quarter losses on weak Ford, Mazda sales
  •     --Published:2019/26/4
     
  • Ford reboots in China, with deeper intel
  •     --Published:2019/23/4
     
  • Ford appoints industry veteran Yang Song as China sales chief
  •     --Published:2019/9/4
     
  • Ford to launch more than 30 new models in China over next 3 years
  •     --Published:2019/5/4
     
  • Brazil's CAOA, a Chery partner, signs agreement with Ford over plant purchase, report says
  •     --Published:2019/2/4
     
  • Great Wall, Ford target growing Chinese demand for pickups
  •     --Published:2019/29/3
     
     

    Our Newsletter Editions
    Automotive News China produces two email newsletters each week. You can sort your news by the articles highlighted in each of our newsletters here.

    Select your newsletter     

     
     

    Automotive News China
    Room 1303, Building 2, Lane 99, South Hongcao Road,
    Shanghai 200233
    Telephone: 86-139-1851-5816
    Fax: 86-21-6495-0895
     
    Home | Help Center | About Us | Privacy Policy | RSS
    Entire contents © Crain Communications, Inc.
    Use of editorial content without permission is strictly prohibited. All Rights Reserved.
    ╗ŽICP▒Ş06057291║┼