Ford to Open New Plant in China

[AP] - Ford and Chinese partner, Changan Ford Mazda Automobile Ltd., plan to build a $500 million engine plant in China. They signed a memorandum of understanding with the city of Chongqing on Saturday.

By 2010-09-25T16:08:45Z CHONGQING, China (AP) -- Ford and Chinese partner, Changan Ford Mazda Automobile Ltd., plan to build a $500 million engine plant in China....

Ford Motor and its joint venture, Changan Ford Mazda Automobile (CFMA), have opened a new 1 million sq. m. plant in Chongqing, a city in southwestern China, as the new [...]

BEIJING/SHANGHAI (Reuters) - Ford Motor Co , Mazda Motor Corp and their partner in China have agreed to invest an additional $37.3 million in their engine plant venture, following surging sales of Ford cars including its latest Focus model. Ford, Mazda and Chongqing Changan Automobile Co will increase their investment in the engine plant in Chongqing city according to their shareholdings, which are 25 percent, 25 percent and 50 percent, respectively, the Chinese firm said in a statement on Wednesday. ...

Ford (F) and its joint venture partner said Thursday they will build a $760 million assembly plant in Hangzhou, bringing Ford?s investment in China since 2006 to $4.9 billion. The Hangzhou plant, built with Changan Ford Mazda Automobile, would open in 2015 with an initial production capacity of 250,000 units. Continuing rapid expansion in China ...