Ford to build new plant in Nanchang

08:40, December 20, 2010      

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Ford Motor Co will begin construction of a new car plant next year in Nanchang, capital of East China's Jiangxi province, that is expected to start production in 2013, Xinhua reported last week.

Joe Hinrichs, president of Ford's Asia Pacific and Africa region, made the remarks on Dec 13 in Nanchang during a meeting with Wu Xinxiong, governor of Jiangxi province, the report said.

Ford now holds a 30 percent share in the Jiangxi-based commercial vehicle manufacturer Jiangling Motors Co (JMC) that builds the Ford Transit vans and other JMC-brand vehicles. Hinrichs said Ford will increase its stake in JMC, according to the report.

Source:China Daily
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