UPDATE 2-Ford cements China ties, sees return to profit


* Ford sees return to profit in 2011 * New plant costs $490 mln; annual capacity 150,000 units * Announcement follows new small car launch in India * Ford CEO says talks for sale on Volvo progressing (Adds more quotes from CEO, details) By Fang Yan and Jacqueline Wong CHONGQING/SHANGHAI, China, Sept 25 (Reuters) - Ford Motor Co said it expects to return to the black in 2011, as it expanded ties with the fast-growing and lucrative China market with plans to build a new $490 million ...

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