Chang’an Ford Mazda to build plant in Hangzhou

Chang’an Ford Mazda Automobile Co. Ltd. will build a plant in Hangzhou, capital of southeast China’s Zhejiang Province, with an investment of 760 million U.S. dollars. The plant is expected to be put into operation in 2015 with an annual output capacity of 250,000 vehicles.

Ford unveiled a “stimulation plan”, with its main focus on more plants and dealers in China. The above mentioned plant will increase the annual auto output capacity of Ford to 1.2 million untis in China after its operation.

Zou Xinyin