China: Changan Ford Mazda gains investment for manufacturing expansion

摘要

CHANGAN Automobile, Ford and Mazda plan to invest a combined US$58m into their jointly held Chinese vehicle manufacturing venture, Changan Ford Mazda. The funds will be used to help expand the JV's production plans. Changan, which holds a 50 stake in the JV, will invest US$29m, while Ford will contribute US$20.3m and Mazda, US$8.7m.