Alan Mulally, Ford Motor Company president and CEO, stated that the new engine plant is operated by Changan Ford Mazda Automobile
Mazda said it plans to restructure Changan Ford Mazda Automobile
Co., its three-way manufacturing and sales joint venture with Ford Motor Co.
Ford and its joint venture Changan Ford Mazda Automobile
(CFMA) are investing USD760m (CNY4.8bn) in the new plant, taking the US company's total investment in China to approximately USD4.9bn since 2006.
It was announced earlier this month that Ford and its joint venture Changan Ford Mazda Automobile
(CFMA) will invest approximately USD 600 million to expand capacity in Chongqing by 350,000 passenger vehicles, raising total capacity in China to 950,000 units by 2014.
We've announced capacity expansions in China, with our joint-venture partner Changan Ford Mazda Automobile
, as well as in India, Thailand and South Africa.
Taipei, June 17, 2010 (CENS)--Ford Lio Ho Motor Co., the local subsidiary of Ford U.S., recently announced rising exports of locally assembled Fords, as well as bigger market share in Taiwan this year, a statement by Ford Lio Ho's new president Albert Li, former executive deputy general manager at Changan Ford Mazda Automobile
(CFMA) Nanjing Co.
Mazda plans to withdraw from Changan Ford Mazda Automobile
During the year under review, the Company continued to strengthen its relationship with existing customers by participating in the car components and parts packaging services as well as the after sales services of car components and parts allocation logistics services of Chongqing Changan Automobile Company Limited, exploring logistics business in relation to the pick up and export of car parts manufactured by Changan Ford Mazda Automobile
Changan Ford Mazda Automobile
Co, a joint venture of Ford Motor Company (NYSE: F) in China, has reported 37,038 vehicles sold last month, an increase of 28 percent over the year-ago period.
President and CEO of Mazda Motor (China) Co., Ltd., Satoshi Tachikake: "We have set up a production structure that comprises three facilities: the Changan Ford Mazda Automobile
Nanjing plant, which was completed in September and features Mazda's latest production and machining technologies, the Changan Ford Mazda Automobile
plant in Chongqing, and FAW Car Company in Changchun."