Mazda 2 and redesigned Fiesta to be produced in Changan Ford Nanjing plant

Shanghai. September 26 (Gasgoo.com) Changan Ford Nanjing Plant, which officially opened this Monday, will produce Mazda 2 and two redesiged Fiesta compact models within a year, Chinese media reported today.

The to-be-produced Mazda2 will be priced at 80,000 yuan to 100,000 yuan ($10,600-$13,200) and will compete with rivals including Peugeot206, Citroen C3, Fit and Polo, Chongqing Business News said.

The Nanjing plant will have an annual capacity of 160,000 units and use Mazda's production system..

Under the joint venture's production plan, the Nanjing Plant will produce 100,000 Mazda J37AC, 43,000 Mazda B-B 43,000, 56,000 Ford b376 and 30,000 Ford B2.

The Nanjing facility will give the Changan Ford an annual output capacity of 410,000 units in China. The plant will help Mazda achieve its annual sales target of 300,000 units in China, one of its mid-term goals to be achieved by 2010.

The first factory established by the same three partners, Changan, Ford and Mazda is located in the city of Chongqing, and builds the Focus, S-Max, and Mondeo, as well as the Volvo S40 and the Mazda3 models.

Changan Ford Mazda sold 128,469 units in the first eight months, up 59 percent year on year. Starting in April this year, Changan Ford Mazda has  entered China's top 10 biggest automaker list.

Sales of Ford increased 29 percent in China for the first eight months of this year with total retail sales of 114,702 vehicles, Ford said earlier this month.

In addition to Mazda 2, the Nanjing plant will also produce Ford's latest compact sedan models, namely Fiesta models. Nanjing plant will start to produce redesigned Fiesta models in a year, according to Yi Jiaxu, Chairman of Changan Ford Mazda.