Growing plants

The Ford Motor Company and its partner in China, Changan Automobile Group,will invest more than $1 billion over the next several years to expand manufacturing capacity, introduce new products and expand distribution channels in the Chinese automotive market. The investment will initially support the addition of new products and expansion of production capacity at its joint venture, Changan Ford in Chongqing, from the current 20,000 units a year to 150,000, as well as establish a second car plant and new engine plant.