Ford's Chinese subsidiary cancels all business travel plans to Wuhan
Following the outbreak of a new coronavirus in Wuhan, Ford Motor Co. (F) 's Chinese subsidiary cancelled all business trips to Wuhan for precautionary considerations.
A Ford China spokesman said on Thursday that the company intends to extend the self-isolation time for employees who have recently been to Wuhan from seven to 14 days.
Ford Motors has established a joint venture with Chongqing Changan Automobile Co., 000625.SZ (abbreviated as Changan Automobile) in China, which has an automobile plant in Chongqing, a city in southwestern China.
The outbreak was believed to have occurred in Wuhan last December and quickly spread to China, other Asian countries, and the United States. As of Thursday, the epidemic has killed 17 people in China.