F1, Formula 1, NASCAR, IndyCar, MotoGP, ALMS, And More!
z


Jun 20, 2013 - 01:50 PM
Top News!
Rumors Edition!
Upcoming Racing! (Updated)

Top Stories
· 2013 Michigan: NASCAR Sprint Cup Race Results - Biffle, Ford Win! (Jun 16, 2013)
· 2013 Catalunya GP: MotoGP Race Results - Lorenzo, Yamaha Win! (Jun 16, 2013)
· 2013 Catalunya GP: MotoGP Race Preview & Starting Grid (Jun 16, 2013)
· 2013 Michigan: NASCAR Sprint Cup Starting Line-Up & Race Preview (Jun 16, 2013)
· 2013 Milwaukee: IndyCar Race Results - Hunter-Reay, Chevrolet Win! (Jun 15, 2013)

Previous Top Stories!


Hot Rumors!
· F1: Lauda didn't know about secret tyre test ? (Jun 19, 2013)
· F1: Lotus' new co-owners won't 'sit idly' ? (Jun 19, 2013)
· F1: Photo Of Red Bull Traction Control ? (Jun 19, 2013)
· F1: Raikkonen To Red Bull 'Very Likely' ? (Jun 19, 2013)
· F1: Caterham, Lotus To Use Renault Engines In 2014 ? (Jun 14, 2013)
More Rumors!


Ford Takes JMC Partnership To The Next Level—Doubles Capacity
Posted by: newsla on Jun 20, 2013 - 01:47 PM
Auto News
Ford Takes JMC Partnership To The Next Level—Doubles Capacity And Introduces New Products And Technology


Ford President and Chief Executive Officer Alan Mulally was in China today to celebrate the seven millionth Ford Transit vehicle produced and the opening of the JMC Xiaolan Plant, a new commercial vehicle assembly plant in Nanchang, Jiangxi province. At the celebration, Ford and JMC also announced its plans for a brand new engine plant and two all-new Ford products.

 

Bookmark and Share
The JMC Xiaolan Plant launched today more than doubles JMC’s annual vehicle production capacity to 545,000 units from 245,000 units previously. The plant represents a US$300 million investment by Ford’s strategic partner Jiangling Motors Corp (JMC) and produces both Ford- and JMC-branded vehicles on a highly flexible production line that takes advantage of Ford’s global manufacturing expertise to ensure high quality while maximizing efficiency. The first vehicle to come off the production line at the plant was the seven millionth Ford Transit ever produced.

"Jiangling has been a great partner for Ford in China and we are excited about the expansion of our partnership," said Mulally. "We have a long-term commitment to this partnership and have plans in place to further increase capacity, bring in great new products, and introduce Ford’s leading global technologies."

In addition to launching its JMC Xiaolan Plant, Ford and JMC also announced plans for a brand new engine plant in its Xiaolan manufacturing base. The new engine plant will have initial annual capacity of 200,000 units.

As part of its expansion of the JMC partnership, Ford will bring two new global products to JMC: an all-new Ford commercial vehicle as well as an all-new Ford SUV. When launched, Ford will have a full portfolio of vehicles in the heavy duty truck, light commercial, and SUV segments in China.

Today’s announcement is part of a series of recent moves that demonstrate the growing success of Ford’s 17-year partnership with JMC. In April 2013, Ford announced an increased stake in JMC—from 30 percent to 31.5 percent. In August 2012, JMC moved to acquire Taiyuan Heavy Truck, giving Ford a major foothold in the heavy duty truck segment through JMC.

Ford launched its partnership with JMC in August 1995 and produced its very first Transit in December 1997.


PaddockTalk Perspective



Also in Auto News:



 
Related links
· Auto News Extra!
· Top PaddockTalk News!
· More about Auto News







Home :: _ 


All logos and trademarks in this site are property of their respective owner.
The comments are property of their posters, all the rest (c) 2003-2014 by PaddockTalk.com.
Contact E-mail: [email protected]
Privacy