Excel Funds Management Inc.

Emerging Markets

Response to: Ford building China plant to build 250,000 vehicles per year

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Alan Mulally, CEO of Ford, attended the groundbreaking ceremony for what his company plans to be their sixth factory in China.

The plant is Ford’s third in the Chongqing area and the company says it has plans to double output to 1.2 million cars by 2015.

Mulally, in remarks at the groundbreaking ceremony, still believes that “ Asia Pacific is a fantastic growth market” despite a spate of lukewarm economic data out of China.

 

Sales are expected to grow in the coming years as more rural Chinese buy cars for the first time. Even with 30 million cars on the road, China still has just 28 vehicles for every 1,000 people, far below the U.S. level of 800. Some 80 per cent of purchases are by first-time buyers

Read more: http://www.ottawacitizen.com/cars/all/Ford+breaks+ground+plant+Chongqing+will+make+250000+vehicles/7149860/story.html#ixzz24qPRGham

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Author: Excel Funds Management

We Are Leaders. Our Focus is Undivided. Excel Funds is Canada’s specialist in Emerging Market investment opportunities. We pioneered Emerging Market mutual fund design and distribution in Canada. Our focus is undivided – Emerging Markets is all we do. Our Mission Is To Offer Canadians True Global Access By offering Canadians access to rapid growth markets, Excel Funds provides truly global and diverse investment value. Our clients want consistent, responsible and intelligent solutions – we will never stop being challenged and deliver on client expectations. We Listen. We Are Determined To Deliver. Our clients want to understand better. Excel Funds is the only company dedicated to providing investors with actively managed, best-in-class Portfolio Managers based in regional markets. In order to deliver deeper understanding, we are not removed from unique cultural, political and economic experiences. We Initiate. We Create. Investors benefit from strong, sustainable growth. To create wealth for our clients we will: • Offer globally diverse opportunities to capture shifts in world economies • Not resist change and continually lead in Emerging Markets global growth • Engage world class institutional managers for retail investors We Are Passionate. We Will Never Stop Innovating. True leadership is enabling and seeks a positive outcome for all invested. We will not rest on past success, and continue to provide clients with: • Innovative fund structures • Canada’s largest & most comprehensive Emerging Markets products • The best institutional level Portfolio Managers • World class on-the-ground active managers • A singular focus on Emerging Markets, the driver of global growth

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