The Chinese government has given the go-ahead for Ford Motor Co., Mazda Motor Corp. and Changan Automotive Group to establish a joint venture plant near Nanjing. The facility will be located in the Jiangning Economic & Technological Development Zone in the Jiangsu province and produce both Ford and Mazda models. It marks the first time the three companies will cooperate in one JV plant in China, says Mazda. Initial capacity is pegged at 160,000 units annually, with the possibility of ...
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