Ford poaches Key Safety CEO to run China business

Ford Motor Co has appointed Jason Luo, head of auto parts maker Key Safety Systems, to run its China operations, a move seen as signalling its resolve to revive sales in the world’s biggest car market. The U.S. automaker hopes Luo, the first executive from mainland China to hold its top job there, will reprise his work at KSS, where he engineered a significant surge in China revenue.