CHINA: Changan Ford to spend US$1.6bn on new factory
Though the three-way Changan-Ford-Mazda JV split is not yet official, Changan Ford has already started working on plans to increase its growth in China, a local media report said.
Though the three-way Changan-Ford-Mazda JV split is not yet official, Changan Ford has already started working on plans to increase its growth in China, a local media report said.
Martin Burela, CEO of Changan Ford, announced plans for a US$1.6bn fourth factory in Nanchang, Jiangxi, according to 21cbh.com. However, the site location is yet to be confirmed.
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