Ford to build its first transmission plant in China

  • 23-May-2011 08:45 EDT

Ford's passenger-vehicle joint venture in China, Changan Ford Mazda Automobile Ltd. (CFMA), on May 19 signed a memorandum of understanding with the Chongqing municipal government to build a transmission plant in the inland city. The initial investment of US$350 million is to be entirely funded by CFMA. The planned facility will produce six-speed automatic transmissions with an initial annual capacity of up to 400,000 units. It will supply Ford-brand vehicles produced and sold locally by CFMA. Groundbreaking is planned for July 2011; start of production is slated for Q4 2013.

Share
HTML for Linking to Page
Page URL
Grade
Rate It
5.00 Avg. Rating

Read More Articles On

2017-03-06
The 7th generation 5 Series, known internally as the G30, focuses on power, torque, mass and aero-drag reduction and refinement.
2017-02-24
The visually captivating Lexus LC coupe debuts Toyota's GA-L architecture and features the new Aisin 10-speed, lightweight construction and a new hybrid powertrain.
2017-03-05
A new version of the LG Chem Z.E. 40 battery delivers nearly double the energy density of its predecessor.
2017-02-14
Lucid Motors makes a move on the credibility scale by taking Automotive Engineering for a city-street romp in a prototype of its Air luxury sedan slated for 2018 production.

Related Items

Training / Education
2010-03-15
Training / Education
2013-04-09
Training / Education
2013-04-09
Training / Education
2009-12-15
Training / Education
2017-10-23
Training / Education
2010-03-15