Ford to Build Its First Transmission Plant in China

Ford, together with its partners in China, is building its first transmission plant in China to support Ford's aggressive growth plan in the world's largest auto market.
Ford's passenger vehicle joint venture in China, Changan Ford Mazda Automobile Ltd. (CFMA) signed a Memorandum of Understanding today for the transmission plant project with the Chongqing Municipal Government.

The plant, with an initial investment of US$350 million to be entirely funded by CFMA, will produce advanced fuel-efficient 6-speed automatic transmissions with an initial annual capacity of up to 400,000 units, supplying Ford brand vehicles produced and sold locally by CFMA.

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