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The Chinese government approves the purchase of 34% of Ford Almussafes by Geely

1 min
The president of Ford Europe, Jim Baumbick, and the vice president of Geely, Victor Young (e), during the press conference offered this Thursday at the Valencian plant of Almussafes.
The president of Ford Europe, Jim Baumbick, and the vice president of Geely, Victor Young. Biel Aliño / Efe
13/10/2026 - 17:11 h
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The government of China has approved the acquisition by Geely Auto of 34% of the Ford factory in Almussafes (Valencian Country). The information in the file, to which Europa Press has had access, indicates that Ford will retain 66% of the plant and Geely will hold 34%.

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