Ford reportedly to sell cars in China direct online via Alibaba

Ford is expected to sign as early as Thursday a deal with Alibaba Group Holding which may allow the U.S. automaker to test selling cars to consumers in China through Alibaba's online retail arm Tmall, as well as via a new “auto vending machine” store concept.

BEIJING — Ford is expected to sign as early as Thursday a deal with Alibaba Group Holding which may allow the U.S. automaker to test selling cars to consumers in China through Alibaba's online retail arm Tmall, as well as via a new "auto vending machine" store concept, according to a Ford source familiar with the matter.Ford Executive Chairman Bill Ford Jr. and Ford CEO Jim Hackett are expected to be in Hangzhou on Thursday to sign a letter of intent outlining the partnership.According to the...