Dearborn, Michigan – Ford has announced that Changan Ford Mazda Automobile (CFMA), its joint venture in China, is building a new, highly flexible passenger car plant in that country.
The plant, in Chongqing, represents an investment of US$490 million and is scheduled to be completed in 2012. It will initially be capable of producing 150,000 units per year, boosting CFMA’s overall annual production capacity to 600,000 units annually by 2012 to meet increasing demand in the Chinese market.
The plant is Ford’s second in Chongqing and its third in China under the CFMA joint venture. Its first product will be the next-generation Focus.
“This new passenger car facility represents a significant next step in the ongoing expansion plan of Ford’s Asia Pacific and Africa region and underscores the central role of our China operations,” said John Parker, president of Ford Asia Pacific and Africa. “With the continued support of the Chinese government and hard work and dedication of our partners in China, we will continue to drive our operations forward in what is arguably the world’s most dynamic auto market.”
Ford’s Chinese facilities currently build the Focus, Mondeo, S-MAX, Fiesta and Transit, while its joint venture in Nanjing is one of the largest engine manufacturing facilities in China, with an annual production capacity of 350,000 units.