Ford is planning a product-lineup bonanza in China, with plans to introduce 15 new vehicles there as part of its Asian expansion plans.
The announcement was made at the 2011 Shanghai Auto Show, where Ford also outlined plans to more than double the number of dealerships currently open: from 340 to over 700. Ford will also add 1,200 jobs and a brand-new, $490 million plant at Chongqing next year, which will be able to handle 150,000 cars annually. The first car to launch will be the all-new Focus, entering production in China in 2012.
Like many other companies, Ford has seen booming success in the Chinese market: sales were up 19% in the first quarter, with over 140,000 cars sold. The company expects 70% growth across Asia and Africa within the next 10 years.