Monday, April 16

Chinese factories expand Ford

Ford says that they to expand, as it tries to play catch-up with competitors $ 600 million will spend its factory capacity in China.


The company says that its factories in Chongqing, growing demand treat it adds. The accessories allow Ford to make more 350,000 vehicles a year by 2014. His total 950,000 will increase.


Ford Motor Co. says that it plans to triple the cars in its Chinese lineup up to 15 in the next three years. It will add 20 new engines and transmissions.


The company builds a new production line, body shop and paint shop on the site of Chongqing in southwestern China. The investment will be with the company joint venture partner, Changan Ford Mazda automobile limited.


Associated press contributed to this report.

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