Hanoi, Mar 17, 2009 (Asia Pulse Data Source via COMTEX) -- Ford Vietnam has invested 10 million USD in a new production line to assemble its Mondeo model in Vietnam .
The plant, using a robotic system that uses plasma welding technology, will be able to produce 32 cars per day, or 700 cars a month.
When compared with Mercedes Benz or Toyota models, the Mondeo has the potential to become extremely competitive. Thats why Ford decided to invested in this new assembly line in Vietnam , said the companys General Director Michael Pease.
According to him, the Mondeo is very popular with consumers and local car dealers as it can compete price wise with other more expensive models on the market, especially during the current economic slowdown.
He stated a year ago that if this car could prove to be competitive in Vietnam , his company would assemble it in the country instead of importing from overseas.
No comments:
Post a Comment