China's Changan Ford purchasing Hafei Auto and the 5th factory has been settled recently

Gasgoo.com (Shanghai Mar 31) – This Tuesday, new factory of Changan Ford in Hangzhou which is the 4th vehicle factory, has been constructed and put into operation. In fact, besides this factory, the 5th factory is being prepared to build. On Mar. 19th, Changan Ford announced officially to purchase Hafei auto, whose base will be 5th factory of Changan Ford.

In accordance with the announcement, Changan Ford is fulfilling the purchasing and delivery procedure of Hafei auto property. Changan Ford will upgrade the purchasing property to meet increasing demand of Chinese market. At present, there are 4 factories of Changan Ford, of which 3 factories are in Chongqing province. The 4th factory will increase the annual capacity of Changan Ford to 250,000 as production base in East China. The total capacity of Changan Ford will be increased to 1.2 million and Hafei base will also provide capacity of 200,000.