Mazda and Ford still unison in Thailand
The joint venture between Ford and Mazda, AutoAlliance Thailand, will invest 350 million U.S. dollars in the construction of a compact pickup new generation
• The joint venture between Ford and Mazda, AutoAlliance Thailand (AAT), will invest 350 million U.S. dollars in its production of compact pick-ups.
• This new investment agreement between Ford and Mazda will fund the production of their new generation of compact pickups in parallel and confirms the continuing strategic relations between the two groups.
• AAT should start production of the new pick-ups in mid-2011.
Mazda Motor Corporation announced it a few days ago, the joint venture with Ford Motor Company called AutoAlliance (Thailand) Co. Ltd.. (AAT) will invest 350 million U.S. dollars in its factory pick-ups, a destiny sum to finance the production of future generation of pick-ups Mazda and Ford. This investment will start production of the new models in mid-2011.
By investing the 350 million U.S. dollars in their joint venture AAT, Mazda and Ford further enhance their long-term commitment for Thailand. This investment will help to modernize the facilities of AAT and its suppliers provide the necessary facilities to the production of this new generation of compact pickups Mazda and Ford. Once realized this investment, the total amount invested jointly by Mazda and Ford on the production site AutoAlliance Thailand exceed 1.85 billion U.S. dollars since its entry into service in 1995.
"This investment agreement announced today marks an important step towards the attainment of the status of AAT production center peak declare Toshinori Kusuhashi, president of AutoAlliance Thailand. Thanks to the unwavering support of the Thai government, the domestic auto industry has continued growing and gaining efficiency, thus allowing AAT produce and export vehicles and pick-ups of world class tourism. This new investment will allow us to further increase the reputation of our pick-up, already undisputed champion of the Thai automotive industry. "
This operation will also investment to allocate resources to the training and development of staff to ensure that employees have the AAT qualifications to meet the high standards defined within the production program pick compact-ups.
"With this new investment in AAT Company, Ford Motor Company emphasizes very clearly its commitment to long-term commitment to Thailand, a country that becomes a real pole of strategic production for our activities at the international, stated Joe Hinrichs, president Ford Motor Company for Asia / Pacific and Africa regions. Thanks to support extremely involved employees AAT and the continued commitment of our Thai suppliers, this new production line will have ATT raise levels of flexibility, efficiency and quality of production while being more respectful environment. "
AutoAlliance Thailand, already regarded as one of the sites most modern automobile production in Thailand, has contributed to establish the reputation of the automotive industry in ASEAN by demonstrating an ongoing commitment to standards high level of quality and cost competitive.
"This new investment also means that AAT will retain its status as a center of excellence for world-class production of pick-ups of the two brands and will continue to play a major role in the strategy of Mazda globally," said Masaharu Yamaki, Deputy Director and Executive Vice President of Mazda.
AAT successfully exports pickups Ford and Mazda to more than 130 countries worldwide. In July 2007, AutoAlliance Thailand celebrated the production of its millionth vehicle since the entry into service of its production in 1998. A new factory vehicles of tourism has opened its doors in July 2009 and is currently producing the Mazda2 and Ford models Fiesta intended to be marketed in Thailand and be exported to ASEAN and other markets worldwide.
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