Ford builds on China partnership

Ford has
announced an expansion of its partnership with Jiangling Motors in China with a
new $300m plant.

The
plant will begin production in 2012 and will produce 300,000 vehicles a year.

Jiangling,
which is 30%-owned by Ford, currently operates two joint plants with the US car
maker, with a combined annual capacity of 210,000 vehicles.

A number
of leading western car makers are looking to China to boost sales following the
global downturn.

Earlier
this month, French car giant Peugeot Citroen finalised a joint venture with
Changan Automotive to build cars in China.

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