Ford to build new plant in Chongqing

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Source: Global Times Published: September/26/2010 08:10

Changan Ford Mazda

Ford Motor Co's China venture, Changan Ford Mazda Automobile Co, Saturday signed an agreement with the Chongqing municipal government to invest $500 million in the construction of an engine plant in the western city, Bloomberg reported Saturday. The plant would double Ford's engine capacity in China.

Reuters - Global Times

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