China's Changan Auto considers acquisitions in U.S. and Europe

Changan is developing its own model range including a production version of the V101 concept, pictured.

April 20, 2009 05:00 AM

SHANGHAI (Reuters) -- Chongqing Changan Auto Co., Ford Motor's China partner, is planning acquisitions overseas as it prepares to enter Europe and North America where the industry downturn has hit hard, its chairman said on Sunday.

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