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Ford to build engine plant in Chongqing

(Agencies)
Updated: 2010-09-26 13:53

Changan Ford Mazda Automobile Co will spend $500 million to build an engine plant in Southwest 皇冠体育app's Chongqing, Bloomberg reported Saturday.

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The plant will increase Ford's engine capacity by 400,000 units in 皇冠体育app, the report said, citing an e-mail statement from the company.

Construction of this plant will begin next year, and engine production will start in 2013, Ford officials said in the statement. By then, production will more than double the current level.

Changan Ford Mazda Automobile Co is a joint venture funded by Chongqing Changan Automobile Corporation, Ford Motor Company and Mazda Motor Corporation.