19 Jun '11, 11pm

Ford to double production in China: Ford’s joint venture for passenger cars in China – Changan Ford Mazda Automo...

Ford ’s joint venture for passenger cars in China – Changan Ford Mazda Automobile – will soon more than double its annual engine production capacity to 750,000 units. The target will be achieved when work on a new engine plant in Chongqing is complete in 2013. The plant is part of a $500million investment with the engines to be manufactured and sold in the country. It is actually just one of several new investments Ford has made to support an aggressive expansion in China. Last year its commercial vehicle partner Jiangling Motors Corporation broke ground on a new $300million vehicle assembly plant; and in April, Ford announced it will bring 15 new vehicles to China by 2015. The vehicles are expected to strengthen Ford’s position in existing segments while driving new growth. The company also signed a memorandum of understanding earlier in the year to build its first transm...

Full article: http://www.thegreencarwebsite.co.uk/blog/index.php/2011/0...

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