September 25, 2007
Ford launches second manufacturing plant in China
Nanjing, China – Ford Motor Company’s joint venture in China, Changan Ford Mazda Automobile (CFMA) has officially launched operations at its new manufacturing facility in Nanjing, China. The US$510 million flexible facility will produce the latest small-car models for both Ford and Mazda. The initial capacity of 160,000 vehicles per year will boost Ford’s total annual passenger car capacity in China to more than 410,000 vehicles.
Ford is one of the fastest-growing brands in China, recording an 87 per cent increase in sales between 2005 and 2006, and a further 29 per cent increase through the first eight months of 2007, with total retail sales of 114,702 vehicles.
The CFMA plant will offer a diversified range of products, including small cars, and mid- and full-size sedans. CFMA’s first vehicle assembly plant in Chongqing currently produces the Ford Focus, Mondeo and S-MAX, Volvo S40 and Mazda3, and has an annual capacity of 250,000 vehicles.