During the ceremony in
Ford Inaugurates New China Plant – May Export Mazda2 & Fiesta
Ford’s China joint venture, Changan Ford Mazda Automobile (CFMA), launched operations at its new US$510 million manufacturing facility in Nanjing, China where it will produce the new Mazda2 and its European sibling, the Ford Fiesta (production version of the Verve concept), scheduled to begin production in the second half of 2008. The plant’s initial capacity is 160,000 vehicles per year, boosting Ford's total annual passenger car capacity in China to more than 410,000 vehicles. -Continued after the jump