Changan Ford Mazda
| Company type | Joint venture |
|---|---|
| Industry | Automotive |
| Founded | 2001 |
| Defunct | 2012 |
| Fate | Split into Changan Ford Automobile Co., Ltd. and Changan Mazda Automobile Co., Ltd. |
| Headquarters | Chongqing , China |
| Products | Ford and Mazda passenger vehicles |
Changan Ford Mazda Automobile Co., Ltd. was an automotive producer based in Chongqing, China, formed as a joint venture among Changan Automobile, Ford Motor Company, and Mazda. The company specialized in the production and distribution of Ford and Mazda passenger vehicles within the Chinese market.
In December 2012, the enterprise underwent a reorganization, resulting in the creation of two separate joint ventures: Changan Ford Automobile Co., Ltd., a 50:50 partnership between Changan and Ford located in Chongqing responsible for all Ford-related operations, and Changan Mazda Automobile Co., Ltd., a 50:50 collaboration between Changan and Mazda based in Nanjing, which took charge of Mazda-related activities.
2001 to 2010
Established in April 2001, Changan Ford Automobile Co., Ltd. was a joint venture equally owned by Ford Motor Company and Changan Automobile. Production commenced in 2003 with an output of 20,000 Ford Fiesta vehicles, initially assembled using knockdown kits to comply with local manufacturing requirements.
Manufacturing capacity expanded from 50,000 units in 2004 to 150,000 shortly thereafter, incorporating models such as the Ford Mondeo and the Maverick SUV, which was based on the Ford Escape platform.
In April 2005, assembly of the Ford Focus began at Changan Ford’s Chongqing facility. Concurrently, Ford, Changan, and Mazda formed the joint venture Chang'an Ford Mazda Engine to construct an engine factory in Nanjing with an annual production capacity of 350,000 units.
By March 2006, Changan Ford initiated production of Volvo models, starting with the S40 saloon. The manufacture of the China-exclusive S80L started in February 2009. This Volvo partnership concluded by late 2015.
On April 4, 2006, Mazda acquired a 15% ownership from Ford, prompting the company’s renaming to Changan Ford Mazda Automobile Co., Ltd.
A new assembly plant was inaugurated in Nanjing in September 2007 after an investment of US$510 million, offering an initial annual capacity of 160,000 vehicles.
In September 2009, the company announced a US$490 million investment for a second assembly plant in Chongqing with an annual capacity of 150,000 units; this facility became operational in February 2012.
2010 to 2019
In April 2012, Changan Ford Mazda revealed plans for a US$600 million expansion of its Chongqing manufacturing sites to increase production capacity by 350,000 units, reaching a total of 950,000 annually. Later that month, it disclosed intentions to build a new assembly plant in Hangzhou with a US$760 million investment and an initial capacity of 250,000 vehicles per year; completion was targeted for 2015.
By late 2012, Chinese authorities approved the division of Changan Ford Mazda into two distinct joint ventures: Changan Ford Automobile Co., Ltd. and Changan Mazda Automobile Co., Ltd..
In January 2019, Mazda purchased Ford’s shares in Changan Ford Mazda Engine Co., Ltd., leading to its renaming as Changan Mazda Engine Co., Ltd., now jointly owned by Mazda and Changan on equal terms.
Sales
| Calendar year | Total sales |
|---|---|
| 2004 | |
| 2005 | 61,013 |
| 2006 | 126,790 |
| 2007 | 217,100 |
| 2008 | 204,334 |
| 2009 | 315,791 |
| 2010 | 403,283 |
| 2011 |
References
- Articles with short description
- Automobile manufacturers in China
- Ford Motor Company
- Joint ventures of Changan Automobile
- Chinese enterprises founded in 2001
- Chinese enterprises closed in 2012
- Vehicle producers established in 2001
- Vehicle producers ceased operations in 2012
- 2001 foundations in China
- 2012 closures in China
- Defunct joint ventures
- Chinese companies disestablished in 2012