Area Development News Desk (10/09/2007)
Changan Ford Mazda Automobile (CFMA), Ford Motor Company's and Mazda
Motor Corp.'s joint venture in China, has officially begun operations
at its manufacturing facility in Nanjing, China, where it will produce
small cars for both the Ford and Mazda brands. According to Ford and
Mazda officials, the US$510 million facility has an initial production
capacity of about 160,000 vehicles per year, bringing Ford's annual
capacity in China to more than 400,000 vehicles and moving Mazda toward
a goal of producing 300,000 cars per year in China by 2010. China is
currently the second-largest vehicle market in the world. Ford
officials report that the state-of-the-art factory is capable of
producing up to eight models on different chassis, and that
environmentally friendly paint processing will be used for the first
time in China.
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