Hiroshima, Japan – A joint Thailand venture of Mazda and Ford will invest US$350 million to produce the next generation of Mazda and Ford compact pickup trucks for overseas markets. The venture, AutoAlliance Thailand (AAT), will begin production of the new trucks in mid-2011.
AAT exports Mazda and Ford pickup trucks to more than 130 markets, and produced its one millionth vehicle in July 2007, having begun manufacturing in 1998. The company also operates a passenger car plant, opened in July 2009, which currently builds the Mazda2 and Ford Fiesta for sale in Thailand and other Asian markets.
“This new investment in AAT reinforces Ford Motor Company’s long-term commitment to Thailand as a strategic manufacturing base for our global operations,” said Joe Hinrichs, president of Ford Motor Company, Asia Pacific and Africa. “The new production line, with the support of the hard-working employees at AAT, and the continued commitment of our Thai suppliers, will raise the bar in flexibility, efficiency, quality and environmentally-friendly production at AAT.”