CHONGQING, March 30 (Xinhua) -- Ford's new Lincoln Corsair vehicles rolled off the production line on Sunday in its factory in southwest China's Chongqing Municipality, marking the U.S. automaker's major step to promote its Lincoln brand in the Chinese market.
It is the first time for the Ford luxury brand to produce its vehicles in a region outside North America, according to Changan Ford Automobile Co. Ltd., a joint venture between China's Changan Automobile and Ford.
The new model is priced between 246,800 yuan and 345,800 yuan (about 34,800 to 48,770 U.S. dollars) according to five different options of car configuration, said Anning Chen, president and CEO of Ford China.
Chongqing is one of the largest automobile production bases in China with factories of more than 10 auto manufacturers, including Changan Auto, Changan Ford, SGMW and Beijing Hyundai, and over 1,000 auto parts and accessories manufacturers.