September 22, 2009

Ford to Build Greenfield Auto Plant in ChongQing

Not to be left out in GM's race to become Chinese, Ford will break ground on a brand new third auto plant in its partnership with Chongqing Chang'An Auto and Mazda. Ford sold over 300,000 cars in China last year but the new plant will have an additional 150,000 cars per year capacity when complete. The facility will be in Chongqing Municipality and a groundbreaking ceremony is planned for Friday and will include top Ford executives. Ford Focus is rapidly gaining acceptance in China and sales of the sedan were up 58% this year....

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