Mexican Media Brands
Ford Venture in China Buys Unused Auto Plant
Ford and partner Chongqing Changan Automobile Co. have spent 6.6 billion yuan ($1.1 billion) to acquire an idled auto assembly plant from Harbin Hafei Automobile Group Co., a unit of Chongqing Changan.
Share
Ford and partner Chongqing Changan Automobile Co. have spent 6.6 billion yuan ($1.1 billion) to acquire an idled auto assembly plant from Harbin Hafei Automobile Group Co., a unit of Chongqing Changan.
The factory in northeast China will give Changan Ford 200,000 units of additional capacity to make Ford-brand vehicles. The partners expect to launch production in the second half of 2016.
The Harbin Hafei facility will boost Ford's capacity in China to 1.6 million vehicles.
RELATED CONTENT
-
Choosing the Right Fasteners for Automotive
PennEngineering makes hundreds of different fasteners for the automotive industry with standard and custom products as well as automated assembly solutions. Discover how they’re used and how to select the right one. (Sponsored Content)
-
GM Develops a New Electrical Platform
GM engineers create a better electrical architecture that can handle the ever-increasing needs of vehicle systems
-
On Automotive: An All Electric Edition
A look at electric vehicle-related developments, from new products to recycling old batteries.
