男友太凶猛1v1高h,大地资源在线资源免费观看 ,人妻少妇精品视频二区,极度sm残忍bdsm变态

  Home>News Center>China
       
 

Green light for tripartite auto joint venture
(Xinhua)
Updated: 2005-01-09 11:38

Ford Motor Co has announced that the Chinese government has approved its new car joint venture with its Japanese unit Mazda and China's Chang'an Motor Corp.

The new venture, to be located in Nanjing, capital of East China's Jiangsu Province, will have an initial annual manufacturing capacity of 160,000 cars, which could be expanded to as many as 200,000 units, Ford said in a statement.

Mazda, in which Ford has a 33.4 percent stake, will have an equity stake in the new venture, Ford said, without elaborating.

Initial investment in the new venture will amount to 4 billion yuan (about US$482 million), China Daily quoted sources from Chang'an as saying on Saturday.

The new venture will use Mazda's manufacturing process as a blueprint to produce a number of Ford and Mazda vehicles, Ford said.

"With Mazda joining us in this new project, we expand our ongoing co-operation that has us building vehicles together on four continents (America, Europe, Asia and Africa). By using a combination of Mazda's manufacturing expertise and Chang'an's deep knowledge of China, we will all benefit," Mark Schulz, Ford's executive vice-president, was cited by the newspaper as saying.

The new venture is part of Ford's plan to invest more than US$1 billion in China announced in October 2003 and will be the second plant of the US giant's existing joint venture with Chang' an in southwestern Chongqing Municipality.

Ford's total sales in China, including those of its affiliates Mazda, Volvo, Land Rover and Jaguar, more than doubled last year's from 2003, the newspaper said.

But Ford lags far behind rivals, such as Volkswagen and General Motors by sales in the Chinese auto market.



 
  Today's Top News     Top China News
 

Kofi Annan: 'I have never seen such utter destruction'

 

   
 

Wen urges Shenzhen to speed up growth

 

   
 

People's donation via Red Cross tops ¥100m

 

   
 

CBRC issues risk management regulations

 

   
 

Asia tsunami death toll passes 150,000

 

   
 

Children taller than those of a decade ago

 

   
  US relaxes visa requirements for biz, tourism
   
  Ambassador calls for improvement of ties
   
  Yunnan guards against bird flu intrusion
   
  China cracks down on phone sex
   
  Shoddy milk seller jailed
   
  Construction destroys tower, tombs
   
 
  Go to Another Section  
 
 
  Story Tools  
   
  News Talk  
  It is time to prepare for Beijing - 2008  
Advertisement
         
主站蜘蛛池模板: 宁远县| 稷山县| 巴东县| 贵德县| 聊城市| 阿拉善盟| 谢通门县| 南开区| 定州市| 民乐县| 濮阳县| 盐池县| 阿拉善左旗| 建湖县| 精河县| 通道| 都兰县| 牟定县| 乐安县| 梁山县| 佳木斯市| 北安市| 天气| 叙永县| 东莞市| 平湖市| 集安市| 高青县| 明星| 微博| 梁平县| 桑日县| 苏尼特右旗| 沁阳市| 鸡东县| 龙里县| 罗甸县| 花垣县| 五常市| 宁夏| 榆树市|