Ford, JMC Begin Production of New Everest
Ford has officially kicked off production of its all-new Everest at the JMC Xiaolan Plant in Nanchang, China. The Everest is the first SUV Ford will build with its new commercial vehicle partner, Jiangling Motors Corporation (JMC).
“The new Ford Everest gives Chinese drivers access to Ford’s most innovative, advanced SUV technologies,” said John Lawler, Chairman and Chief Executive Officer, Ford Motor China, “With the new Ford Everest, we’re setting a new bar in the segment, giving Chinese drivers great design, driving dynamics and advanced technologies that make for a smarter, safer and more capable vehicle at a very attractive price.”
The Everest was originally revealed in November of last year and again in April for its Thai customers, and it is available for pre-order at prices ranging from RMB 269,800 to RMB 369,800 (approximately $42,315-$58,000 USD). The Everest features segment-first technologies such as Curve Control, Lane Departure Warning and Lane Keeping Aid, and Blind Spot Information System with Cross Traffic Alert.
Ford originally required a 19.96% share in JMC in 1995, increasing its stake to 32% by 2013.