Changan Ford Mazda Automobile Co. has said it will launch a new car assembly plant in Nanjing on September 24.
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The company already has an existing plant in Chongqing, in China’s southwest.
The joint venture is 50%-owned by Changan, 35%-owned by Ford and 15%-owned by Mazda.
In April, Mei-Wei Cheng, chairman and chief executive of Ford Motor (China) Ltd., said the factory will produce a Ford-branded small car in 2008.
The Nanjing plant will have an annual production capacity of 160,000 vehicles, officials said earlier, according to Dow Jones.
