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| | Ford Increases Ownership Stake in Ghina's Jiangling Motors |
 | | SHANGHAI August 11, 2005; Reuters reported that Ford has raised its stake in China's Jiangling Motors to 30 percent, after buying 0.04 percent of the Chinese company's shares on the open market, the Shenzhen-listed auto maker said in a filing published in state media on Thursday. |
 | | Ford, which also makes cars in China with Changan Automobile Co. Ltd., Shenzhen, bought the additional 0.04 percent of Jiangling Motors Co on the open market, Jiangling said in a filing carried in official state media. |
 | | Ford bought 321,400 Hong Kong dollar-denominated B shares, which are open to foreign investors, Jiangling said, worth about HK$1.06 million ($136,000) based on Aug. 5's closing price of 3.30 yuan. |
| www.theautochannel.com /news/2005/08/11/140034.html (365 words) |
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