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Recently, the Changan Ford engine plant was formally put into operation in the northern New District of Chongqing. As an important part of the Changan Ford system, the commissioning of the engine plant will significantly reduce Changan Ford's incoming logistics costs, improve the competitiveness of Changan Ford in the Chinese market, and mark the growing goal of Chongqing's second largest base from Ford. near.
It is understood that the Changan Ford Engine Factory has a total investment of 500 million U.S. dollars and has an advanced engine production line with an annual design capacity of 400,000 units. Upon completion, it will increase the annual production of Changan Ford Engine from 350,000 units to 750,000 units. It is worth mentioning that it took only two years from the start of construction of the engine plant to the completion of production, which created the fastest speed for Ford's global plant construction.
Alan Mulally, president and chief executive officer of Ford Motor Company of America, said that Chongqing’s increasingly improved investment environment and pro-business atmosphere in recent years have further strengthened the confidence of Changan Ford in its development. In recent years, Changan Ford has entered a fast track of development with the introduction of new models. The sales volume in the first five months of this year has far exceeded the average increase in the passenger vehicle market in the country. On this basis, the commissioning of the engine plant will also help Changan Ford further accelerate the pace of development.