Changan Ford Mazda

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Changan Ford Mazda Automobile Co., Ltd.
Native name
 长安福特马自达汽车有限公司
Private joint venture
Industry Automotive
Founded 2001 (2001) (Chongqing)
Headquarters Chongqing, China
Area served
 China
Products Automobiles
Owner
Changan Ford Mazda
Traditional Chinese 長安福特馬自達
Simplified Chinese 长安福特马自达

Changan Ford Mazda (officially Changan Ford Mazda Automobile Co., Ltd.) is an automotive manufacturing company headquartered in Chongqing, China and a joint venture between Chang'an Automobile Group, Ford Motor Company and Mazda.

History

Note: Changan Ford Mazda currently does not exist. (See: 2010 to present)

2001 to 2010

Changan Ford Automobile Co., Ltd. was established in April 2001 as a 50-50 joint venture between Ford Motor Company and Chang'an Automobile Group.[1] Operations began in 2003, with 20,000 Ford Fiestas produced in that year. Production was initially based upon knockdown kits, partially assembled vehicles imported to meet local assembly regulations. Capacity was increased to 50,000 vehicles in 2004 and to 150,000 soon after, and the Ford Mondeo and Ford Escape-based Maverick SUV also entered production.

In April 2005 it was announced that Changan Ford's Chongqing factory would begin assembling the Ford Focus model, and that Ford, Changan Automotive Group and Mazda would establish a new joint venture company, Chang'an Ford Mazda Engine, to build a new engine plant in Nanjing capable of producing 350,000 units annually.[2]

In March 2006 it was announced that Changan Ford would begin producing Volvo automobiles later in that year, with the S40 saloon the first vehicle to enter production.[3][4]

Mazda acquired a 15% stake in Changan Ford from Ford on April 4, 2006, with the company being renamed Changan Ford Mazda Automobile Co., Ltd.[5]

Changan Ford Mazda opened a new assembly plant in Nanjing in September 2007, constructed at a cost of US$510 million and with an initial production capacity of 160,000 vehicles per annum.[6][7]

In September 2009, Changan Ford Mazda announced plans to invest US$490 million in the construction of a second assembly plant in Chongqing, with a planned annual capacity of 150,000 vehicles.[8][9] The plant opened in February 2012.[10][11]

2010 to present

In early April 2012, Changan Ford Mazda announced plans to invest US$600 million in the expansion of its manufacturing facilities in Chongqing, increasing its total unit capacity by 350,000 vehicles to 950,000.[12][13] Later in the same month, Changan Ford Mazda announced plans to invest US$760 million in the construction of a new vehicle assembly plant in Hangzhou with an initial capacity of 250,000 units.[14] The plant is planned for completion in 2015.[15]

In late 2012, China approved division of the joint venture 50-50 into separate Ford and Mazda components.[16]

Sales

Calendar year Total sales
2004
2005 61,013[17]
2006 126,790[18]
2007 217,100[19]
2008 204,334[20]
2009 315,791[21]
2010 403,283[22]
2011

References

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External links


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