Ford breaks ground on new plant in southwest China
The Associated PressPublished Aug 27, 2012 10:37AM MDT
Chongqing, China • Ford Motor Co. is building a sixth plant in China as part of an effort to increase its sales in the world’s largest auto market.
Ford CEO Alan Mulally attended a groundbreaking ceremony Monday for the new $600 million assembly plant in the southwestern city of Chongqing. It will have the capacity to make 250,000 vehicles per year when it’s finished in late 2014.
The plant is Ford’s third in Chongqing, including one that began producing the Ford Focus in February. Ford plans to...