Changan Auto to build facility for small vehicles

Chongqing Changan Automobile Co said on Wednesday it plans to build a new production facility for small vehicles with an initial investment of 2.5 billion yuan ($366.2 million).

The facility, based in the southwestern city of Chongqing, is expected to have an annual production capacity of 300,000 units when it starts operations in 2012, it said in a statement.

Vehicle capacity will be increased to 600,000 units eventually, with engine capacity expected to double to 2 million units, it added.

Changan is a Ford Motor China partner. The plant plan still needs the approval of the company's board.

Related China Bus News

• Zhongtong Electric City Buses Enable Portugal to Move Closer Towards Zero-Emission Transport 02-27
• Vietnam Warmly Welcomes 207 Units Golden Dragon City Buses on its Road 02-26
• 1,022 Zhongtong Buses to Arrive in Saudi Arabia for Operation 02-22
• 400 Units Foton AUV School Buses Start Operation in Beijing 02-22
• Zhongtong Bus Sales Jump by 81.49% in January,2024 02-20
• Ankai Embraces 2024 by Delivering G9 Buses to Saudi Arabia for Operation 02-19
• Zhongtong Electric Buses Provide Smooth Transportation Services for Africa Cup of Nations 2023 02-18
• Ankai Bus & Coach Sales Up by 169.33% Year on Year in 2023 02-18
• Golden Dragon Bus Overseas Sales Reached a New Record High in 2023 02-05
• 120 Units Zhongtong Electric City Buses to Start Providing Greener Transportation Services in Singapore 01-30
• Higer Overseas Sales Revenue Grew by 70.59% to Reach a New Record High 01-30