Home / Business / Auto Tools: Save | Print | E-mail | Most Read | Comment
Ford building new plant in China
Adjust font size:

US-based Ford Motor Co. began building a new plant in China's southwest Chongqing city Friday, mainly to manufacture the next-generation Focus car.

Covering about 100 hectares with a total investment of 3.34 billion yuan (490 million U.S. dollars), the plant is being jointly built by the Changan Ford Mazda Automobile Co. Ltd., a joint venture of Ford; Chongqing-based Chana Auto Co. Ltd. and Japan's Mazda Motor Corp..

The plant, the second in Chongqing and third in China, will have an annual output of 150,000 cars after completion in 2012.

"I believe that with concerted efforts from all sides, Changan Ford Mazda cars will win consumers' favor with excellent products and services, and the joint venture will become a model for China's auto market," said Xu Liuping, board chairman of Chana, at the foundation stone laying ceremony.

(Xinhua News Agency September 25, 2009)

Tools: Save | Print | E-mail | Most Read Bookmark and Share
Pet Name
China Archives
Related >>
- Ford to beef up China presence with third plant
- Ford plans to refresh 90 percent of car lineup by 2012
June 7 Tokyo 2nd China-Japan High-Level Economic Dialogu

June 30 Shanghai 2009 Automotive Engine Technology Seminar

September 8-12 Xiamen China Int'l Fair for Investment and Trade
- Output of Major Industrial Products
- Investment by Various Sectors
- Foreign Direct Investment by Country or Region
- National Price Index
- Value of Major Commodity Import
- Money Supply
- Exchange Rate and Foreign Exchange Reserve
- What does the China-Pakistan Free Trade Agreement cover?
- How to Set up a Foreign Capital Enterprise in China?
- How Does the VAT Works in China?
- How Much RMB or Foreign Currency Can Be Physically Carried Out of or Into China?
- What Is the Electrical Fitting in China?